Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached a copy of the Press release dated 26 July 2021 issued in Austria by PIERER Mobility AG (PMAG) in respect of the shareholding structure with Bajaj Auto's 100% Netherlands subsidiary Bajaj Auto International Holdings BV (BAIHBV), in KTM AG, Austria.