Bajaj Auto Announces Buyback of 46.94 Lakh Shares at ₹12,000

Bajaj Auto Ltd has announced a buyback program for up to 46,94,000 equity shares, representing approximately 1.68% of its total paid-up equity share capital. The buyback will be conducted at a price of ₹12,000 per share, payable in cash. The total value of the buyback is capped at ₹5,632.80 crore, excluding transaction costs. The buyback will be executed on a proportionate basis through the tender offer route, in compliance with SEBI regulations. The record date for determining eligible shareholders is June 24, 2026. The buyback opens on July 1, 2026, and closes on July 7, 2026, with settlement expected by July 14, 2026.