
Buyback6 May 2026, 06:41 pm
Bajaj Auto Board Approves ₹5,633 Cr Buyback at ₹12,000/Share
AI Summary
The Board of Directors of Bajaj Auto Ltd has approved a buyback of up to 4,694,000 fully paid-up equity shares, representing up to 1.68% of the total number of equity shares, at a price of ₹12,000 per equity share. The buyback, payable in cash for an aggregate amount of up to ₹5,633 crores, is subject to shareholder approval via a special resolution through postal ballot and other regulatory approvals. The buyback will be executed on a proportionate basis through the 'Tender Offer' route. A buyback committee has been formed and delegated with the powers to execute the buyback. The pre-buyback shareholding pattern as on 31 March 2026, is enclosed as Annexure A.
Key Highlights
- Bajaj Auto to buy back up to 4,694,000 equity shares.
- Buyback price set at ₹12,000 per equity share.
- Total buyback size is up to ₹5,633 crores.
- Buyback is subject to shareholder and regulatory approvals.
- Buyback will be executed via the 'Tender Offer' route.