Bajaj Holdings & Investment Limited

PRESS RELEASEFINANCIAL RESULTS - Q1 FY12

A meeting of the Board of Directors of Bajaj Holdings & Investment Limited (BHIL) was held today to consider and approve the results for Q1 FY12.

1. CONSOLIDATED RESULTS

BHIL is essentially a holding & investment company. The consolidated financial results of BHIL include results of companies as tabulated below:

Name of the company

% shareholding and voting power of BHIL

Consolidated as

a. Bajaj Auto Limited (BAL)*

31.49%

Associate

b. Bajaj Finserv Limited (BFS)*

38.69%

Associate

c. Bajaj Auto Holdings Limited

100%

Subsidiary

d. Maharashtra Scooters Limited

24%

Joint venture

*Consolidated results

Bajaj Finserv’s consolidated results include results of Bajaj Allianz General Insurance Company Limited, Bajaj Allianz Life Insurance Company Limited and Bajaj Finance Limited.

Each of the underlying group companies performed very well during current quarter.