Bajaj Auto on Thursday fixed June 24 as the record date for its Rs 5,633-crore share buyback, identifying shareholders eligible to participate in the offer.
In an exchange filing, the two and three-wheeler manufacturer company said the Buyback Committee constituted by its Board of Directors has fixed Wednesday, June 24, 2026, as the record date for determining the entitlement and names of equity shareholders and beneficial owners who will be eligible to participate in the buyback.
The buyback proposal was approved by the company's Board of Directors on May 6, 2026, and subsequently by shareholders on June 18, 2026.
Under the buyback, Bajaj Auto will repurchase up to 46.94 lakh fully paid-up equity shares of face value Rs 10 each at a price of Rs 12,000 per share, payable in cash. The total size of the buyback is up to Rs 5,633 crore.
The record date announcement was made during market hours on Thursday.
Shares of Bajaj Auto recovered from early losses and settled higher near the day's high. The stock closed at Rs 10,096 per share on the NSE, up 0.54 percent.
During the session, the stock had slipped to an intraday low of Rs 10,001, down 0.40 percent. The scrip has advanced for the last two trading sessions.
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