StockWatch
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2/3 Wheelers
Buyback16 Jul 2026, 11:45 am

Bajaj Auto Completes ₹5,632 Cr Equity Share Buyback

AI Summary

Bajaj Auto Limited has announced the completion of its equity share buyback program. The company repurchased up to 46,94,000 equity shares at a price of ₹12,000 per share, totaling an aggregate amount of up to ₹5,632.80 crore. The buyback was conducted through the tender offer route, with the tendering period open from July 1 to July 7, 2026. This buyback represents 16.93% and 15.59% of the company's paid-up share capital and free reserves as of March 31, 2026. Kotak Mahindra Capital Company Ltd acted as the Manager to the Buyback.

Key Highlights

  • Bajaj Auto completed its ₹5,632.80 crore equity share buyback.
  • Buyback price was ₹12,000 per share via tender offer.
  • 46,94,000 shares were repurchased.
  • Buyback represents 16.93% of equity share capital and reserves.
  • Tender period ran from July 1 to July 7, 2026.