Bajaj Mobility AGM Backs Board Discharge, Expands Supervisory Board and Confirms Auditors

PIERER Mobility AG ( (CH:BMAG) ) has issued an update.

Shareholders of Bajaj Mobility AG approved the discharge of most Executive and Supervisory Board members for the 2025 financial year at the 29th ordinary Annual General Meeting, though at least one executive discharge item showed a notable level of dissent and abstentions. Investors also backed the remuneration of the Supervisory Board, as well as the company’s remuneration report and policy, indicating general support for the current pay framework despite some opposition votes.

The AGM further expanded the Supervisory Board to five members and confirmed the elections of Srinivasan Ravikumar and Ewald Oberhammer, strengthening the company’s oversight body with broad but not unanimous shareholder support. MOORE CENTURION was appointed as auditor and group auditor, and KPMG Austria was selected to audit the 2026 sustainability report, underscoring the firm’s emphasis on external assurance for both financial and non-financial disclosures.

More about PIERER Mobility AG

Bajaj Mobility AG operates in the mobility and automotive sector, with a governance structure comprising an Executive Board and a multi-member Supervisory Board. As a listed company with a broad shareholder base, it follows standard European corporate governance practices, including annual discharge votes, remuneration approvals, and the appointment of external auditors for financial and sustainability reporting.

Average Trading Volume: 5,008

Technical Sentiment Signal: Sell

Current Market Cap: CHF574.5M

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