Bajaj Holdings & Investment Limited (BHIL) is the erstwhile Bajaj Auto Limited, a flagship company of the Bajaj Group. It was incorporated under the Indian Companies Act, 1913, and has its registered office at Mumbai-Pune Road, Akurdi, Pune – 411 035. The Bajaj Group is amongst the top 20 business houses in India. Founded in 1926, at the height of India's movement for independence from the British, the group has an illustrious history. The integrity, dedication, resourcefulness and determination to succeed which are characteristics of the Group today, are often traced back to its birth during those days of relentless devotion to a common cause. The Late Shri Jamnalal Bajaj, founder of the Group was a close confidant and disciple of Mahatma Gandhi.
Bajaj Holdings & Investment Limited (erstwhile Bajaj Auto Limited) was de-merged as per Order dated 18 December 2007 of the Hon'ble Bombay High Court, whereby its manufacturing undertaking consisting of Automobile business was transferred to the new Bajaj Auto Limited and its strategic business undertaking consisting of wind farm business and financial services business vested with Bajaj Finserv Limited. All the businesses and all properties, assets, investments and liabilities of erstwhile Bajaj Auto Limited, other than the manufacturing undertaking and the strategic business undertaking, remained with BHIL.
Effective 29 October 2009, the Company has been registered with the Reserve Bank of India as a Non-Banking Financial Institution and is categorised as a 'Systemically Important Non-Deposit taking NBFC'.
With a sizeable pool of cash and cash equivalents, BHIL is essentially an investment company, holding as on 31 December 2014, strategic stakes of 31.49% in Bajaj Auto Limited (BAL) and 39.29% in Bajaj Finserv Limited (BFS), the results of which are consolidated with BHIL.
BHIL by having major stakes in both BAL and BFS benefits from the growth of these companies in their respective areas of Automobiles and Financial Services & Insurance. As of 31 December 2014, BHIL has investments of over Rs. 6,100 crore (USD 1 billion) with a market capitalization of over Rs. 15,500 crore (USD 2.5 billion).
BHIL is headed by Mr. Rahul Bajaj (Chairman) and Mr. Sanjiv Bajaj (Managing Director).