Bajaj Auto Limited Completes Buyback of 4,69,400 Equity Shares via Tender Offer Route
Bajaj Auto Limited has announced the completion of its share buyback program involving up to 4,69,400 fully paid-up equity shares. The company executed the buyback through a tender offer route at a price of INR 12,000 per equity share.The total amount utilized for the buyback was INR 5,632,80,000, excluding transaction costs such as brokerage fees, taxes, and other incidental expenses. The buyback size represents 16.93% of the company's aggregate fully paid-up equity share capital and 15.59% of the free reserves as of March 31, 2026.
The tendering period for the buyback remained open from July 1, 2026, to July 7, 2026. During this period, the company received a substantial response, with valid bids totaling 2,21,36,834 equity shares, which is approximately 4.72 times the maximum number of shares proposed for buyback.
| Category of Eligible Shareholders | No. of Equity Shares Reserved | No. of Valid Bids | Total No. of Equity Shares Validly Tendered | Response (%) |
|---|---|---|---|---|
| Reserved Category for Small Shareholders | 7,04,100 | 4,03,083 | 13,93,113 | 197.86% |
| General Category for all other Eligible Shareholders | 39,89,900 | 19,963 | 2,07,43,721 | 519.91% |
| Total | 46,94,000 | 4,23,046 | 2,21,36,834 | 471.60% |
The settlement of all accepted valid bids was completed on July 14, 2026, by the clearing corporation. The company is currently in the process of extinguishing the 4,69,400 equity shares acquired during the buyback, with completion expected by July 23, 2026.
The buyback has resulted in a significant shift in the company's shareholding pattern, particularly regarding the representation of financial institutions and mutual funds.
| Category of Shareholder | Pre-Buyback No. of Equity Shares Held | Pre-Buyback % to Existing Capital | Post-Buyback* No. of Equity Shares Held | Post-Buyback* % to Post-Buyback Capital |
|---|---|---|---|---|
| Promoters and Promoter Group | 15,37,56,828 | 55.01% | 15,37,56,828 | 55.95% |
| Financial Institutions/ Banks/ NBFCs and Mutual Funds/ Insurance Companies | 3,82,13,028 | 13.67% | 12,10,47,010 | 44.05% |
| Total | 27,94,97,838 | 100.00% | 27,48,03,838 | 100.00% |
\*Subject to the extinguishment of 4,69,400 equity shares accepted in the buyback.
BAJAJ-AUTO Stock Price Movement
Bajaj Auto Limited shares edged higher today to settle at ₹10345.5, climbing 0.22% after the closing bell. The stock traded with a volume of 155,569 shares 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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