Bajaj Auto Shareholders Approve ₹5,632.8 Cr Equity Buyback

Bajaj Auto Ltd has received shareholder approval for a buyback of up to 46,94,000 equity shares, representing approximately 1.68% of the total paid-up equity share capital. The buyback will be conducted at a price of ₹12,000 per share, payable in cash, for an aggregate amount of up to ₹5,632.80 crore (excluding transaction costs). This resolution was passed via postal ballot and e-voting, adhering to SEBI's Buyback Regulations, 2018. The company has also provided certified true copies of the special resolution and board resolutions for the buyback.