- Bajaj Auto fixed June 24, 2026, as the record date for its share buyback programme.
- The company plans to repurchase up to 46.94 lakh shares at ₹12,000 per share.
India-based Bajaj Auto Limited has announced June 24, 2026, as the record date for its ongoing share repurchase initiative. Investors and beneficial owners whose names appear in the records on the specified date will be eligible to participate in the buyback programme. The announcement marks a key milestone in the company’s capital allocation plan following the completion of the required approval process.
The repurchase programme received approval from the company’s Board of Directors on May 6, 2026. Shareholders subsequently ratified the proposal during the approval process completed on June 18, 2026. With the record date now finalized, eligible shareholders can participate in the transaction in accordance with the terms outlined by the company.
Key Details of Bajaj Auto Share Buyback Programme
The buyback involves fully paid-up equity shares with a face value of ₹10 each. The company intends to repurchase up to 46,94,000 equity shares at a fixed buyback price of ₹12,000 per share. The total consideration for the programme is capped at ₹5,632.80 crore, making it one of the significant capital return initiatives undertaken by the company.
Buyback Programme Overview
| Parameter | Details |
|---|---|
| Record Date | June 24, 2026 |
| Maximum Shares | 46,94,000 |
| Face Value Per Share | ₹10 |
| Buyback Price | ₹12,000 per share |
| Maximum Consideration | ₹5,632.80 crore |
The announced buyback consideration excludes transaction-related expenses. These include brokerage charges, securities transaction tax, GST, stamp duty, regulatory filing fees, and other associated costs that may arise during execution of the programme. The exclusion of these costs is consistent with standard buyback disclosures and provides clarity regarding the maximum amount allocated for the repurchase itself.
Frequently Asked Questions
What is the record date for the Bajaj Auto share buyback?
The record date for the Bajaj Auto share buyback programme is June 24, 2026, which determines shareholder eligibility for participation. Shareholders and beneficial owners whose names appear in the company’s records on that date can take part in the repurchase offer. The record date serves as the official cutoff point used by the company to identify eligible investors before initiating the buyback process.
How many shares will Bajaj Auto repurchase under the buyback programme?
Bajaj Auto plans to repurchase up to 46,94,000 fully paid-up equity shares under the approved programme. The shares carry a face value of ₹10 each and will be bought back at ₹12,000 per share. The total value of the programme is capped at ₹5,632.80 crore, excluding transaction-related expenses such as brokerage, taxes, filing fees, stamp duty, and other associated costs incurred during execution.
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