STOCKWATCH
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2/3 Wheelers
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.
BAJAJ-AUTO
2/3 Wheelers
BAJAJ AUTO LTD.

Price Impact