Bajaj Auto Launches Buyback Offer of Up To 46 Lakh Shares at INR 12,000 per Share

Bajaj Auto Launches Buyback Offer of Up To 46 Lakh Shares at INR 12,000 per Share​

Bajaj Auto Limited has announced a significant buyback offer for its equity shareholders, proposing to repurchase up to 46 lakh shares through a tender offer route. The company offered the shares at a fixed price of INR 12,000/- per Equity Share, representing up to 1.68% of the total paid-up equity share capital as of March 31, 2026.

The buyback is part of the company’s financial strategy aimed at enhancing shareholder returns by returning surplus cash efficiently, reinforcing Bajaj Auto's commitment to its shareholders. The offer allows Eligible Shareholders to participate on a proportionate basis, with all proceeds being paid in cash, for an aggregate amount up to INR 5,632,80,00,000/- (Indian Rupees Five Thousand Six Hundred Thirty Two Crore and Eighty Lakh only), excluding transaction costs.

Key Details of the Buyback Offer​

The offer mechanism is structured as a tender offer implemented through the Stock Exchange Mechanism, with BSE designated as the Designated Stock Exchange. The eligible shareholders were determined based on the Record Date set for Wednesday, June 24, 2026.


The buyback process is divided into two categories: a Reserved Category for Small Shareholders and the General Category for all other Eligible Shareholders. The entitlement ratios are set at 17 Equity Shares for every 61 Equity Shares held in the Reserved Category, and 17 Equity Shares for every 525 Equity Shares held in the General Category.

Timeline and Process​

The tender offer period is scheduled to commence on July 1, 2026, and conclude on July 7, 2026. The Registrar to the Buyback, KFin Technologies Limited, will be responsible for collecting tendered forms and ensuring settlement.

Financial Highlights and Impact Assessment​

The buyback was undertaken in accordance with the company’s financial stability, as certified by the Board of Directors. The offer size constitutes a percentage within the statutory limit of 25% of the aggregate of the fully paid-up equity share capital and free reserves of the Company as of March 31, 2026.

Salient financial parameters for Bajaj Auto Limited (standalone) show positive performance trends in both pre and post buyback scenarios:


The consolidated figures also indicated a strengthening of the balance sheet, with Net Worth moving from INR 38,831.99 crore pre-buyback to INR 33,199.19 crore post-buyback. The company's current authorised share capital stands at INR 300,00,00,000/- (Thirty Crore) with a paid-up capital of INR 279,49,78,380/.

Governance and Offer Details​

The company has appointed Kotak Mahindra Capital Company Limited as the Manager to the Buyback and KFin Technologies Limited as the Registrar to the Buyback. JM Financial Services Limited was appointed as the broker for facilitating the purchase through the Stock Exchange Mechanism.

Key administrative details include:

• Manager to the Buyback: Kotak Mahindra Capital Company Limited
• Registrar to the Buyback: KFin Technologies Limited
• Compliance Officer: Mr. Rajiv Gandhi, Company Secretary and Compliance Officer.

BAJAJ-AUTO Stock Price Movement​

Shares of Bajaj Auto Limited today settled lower, shedding 1.82% in post-market trading to close at ₹9630. The stock saw a volume of 515,970 shares traded during the session.