Bajaj Auto Limited Announces Buyback of Equity Shares, Sets Record Date for Shareholders
Bajaj Auto Limited has announced a significant buyback of its equity shares, approved by the Board of Directors and shareholders. The company is set to repurchase up to 46,94,000 fully paid-up equity shares at a fixed price, offering an opportunity for eligible investors.The buyback involves purchasing Equity Shares with a face value of INR 10/- each. The company has determined the purchase price for these shares to be INR 12,000 per Equity Share, which will be settled in cash. The aggregate amount allocated for this potential transaction amounts to up to INR 5,632,80,00,000/-.
The details of the buyback offer are summarized below:
| Feature | Detail |
|---|---|
| Maximum Shares To Be Repurchased | 46,94,000 |
| Face Value Per Share | INR 10/- |
| Buyback Price Per Share | INR 12,000 |
| Total Aggregate Amount (Maximum) | INR 5,632,80,00,000/- |
The company has appointed a Buyback Committee to oversee the process. To ensure transparency and fair participation for all stakeholders, Bajaj Auto Limited fixed Wednesday, June 24, 2026, as the record date. This date is crucial for determining the entitlement and names of equity shareholders who will be eligible to participate in the buyback scheme.
BAJAJ-AUTO Stock Price Movement
Today, shares of Bajaj Auto Limited edged higher to settle at ₹10073, closing with a gain of 0.31%. The stock traded within an intraday range defined by a low of ₹10001, amidst a volume of 154,045 shares recorded during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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