
Buyback22 Jun 2026, 04:50 pm
Bajaj Auto Announces ₹5,632 Cr Equity Share Buyback
AI Summary
Bajaj Auto Limited has announced a buyback of up to 46,94,000 equity shares, representing approximately 1.68% of its paid-up equity share capital. The buyback will be conducted through the tender offer route at a price of ₹12,000 per equity share. The total aggregate amount for the buyback is up to ₹5,632.80 crore. Kotak Mahindra Capital Company Ltd is appointed as the Manager to the Offer. The company has issued a public announcement dated June 19, 2026, which will appear in newspapers on June 22, 2026. The buyback was approved by the Board of Directors on May 6, 2026, and subsequently by shareholders via special resolution through postal ballot, with results declared on June 18, 2026.
Key Highlights
- Bajaj Auto to buy back up to 46.94 lakh shares.
- Buyback price set at ₹12,000 per share.
- Total buyback size approximately ₹5,632.80 crore.
- Tender offer route via stock exchange mechanism.
- Buyback approved by board and shareholders.
Price Impact
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