Bajaj Auto buyback opens July 1; shareholders can tender shares till July 7

has announced that its share buyback will open for tender on July 1 and close on July 7, following shareholder approval for the proposal earlier this month. The company received shareholder approval for the buyback through a postal ballot, the results of which were declared on June 18, while the public announcement was made on June 19.

The buyback is being undertaken through the tender offer route, allowing eligible shareholders holding shares as of the record date of June 24, 2026, to tender their shares during the offer period.

According to the letter of offer, the maximum buyback size has been determined based on the company's standalone and consolidated financial statements for FY26. As of March 2026, Bajaj Auto had consolidated paid-up equity capital and free reserves of Rs 36,128 crore, allowing it to undertake a buyback within the regulatory limit of up to 25% of its paid-up capital and free reserves.


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The company said the Board formed the opinion that the buyback would not adversely affect its financial position and that Bajaj Auto would remain solvent for at least one year after the buyback.

Eligible shareholders can participate by tendering shares through their stockbrokers in demat form, while shareholders holding physical shares have also been provided a mechanism to participate, subject to the procedures outlined in the letter of offer.

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KFin Technologies is the registrar to the buyback.

Bajaj Auto has fixed June 24 as the record date for its Rs 5,633 crore share buyback. Only those shareholders who own the shares of the company in their demat accounts as on the record date will be eligible to tender shares.

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