Bajaj Consumer Care has approved a buyback of up to 64.34 lakh equity shares, each with a face value of ₹1. This represents 4.69% of the company’s total paid-up equity as of March 31, 2025. The buyback will be conducted through the tender offer route on a proportionate basis. The record date for eligibility is yet to be announced.
The buyback price has been fixed at ₹290 per share, translating to a maximum outlay of ₹186.60 crore, excluding transaction-related costs. The offer price is 18% higher than the closing market price of ₹245.08 recorded on July 24, 2025.
The total buyback size accounts for 23.70% of the company’s standalone and 24.88% of its consolidated paid-up capital and free reserves. This remains within SEBI’s permissible limit of 25%. The offer will be executed in accordance with SEBI Buyback Regulations and Companies Act provisions.
As per the exchange filing, the promoter and promoter group have opted out of participating in this buyback. As of July 18, 2025, they held 40.95% of the company’s equity. The remaining shares were held by foreign investors (12.46%), financial institutions (16.32%), and the public and others (30.27%).
Read more: Bajaj Consumer Care Acquires Remaining 51% Stake in Vishal Personal Care!
This is the 2nd consecutive year Bajaj Consumer Care has initiated a buyback. In July 2024, it had repurchased shares worth ₹166.49 crore at the same ₹290 price through the tender offer route. That buyback also excluded promoter participation.
Anand Rathi Advisors Limited has been appointed as the merchant banker for the transaction. Additionally, a Buyback Committee has been set up to oversee the process, and Mr. Vivek Mishra, Head – Legal & Company Secretary, will act as the compliance officer.
As of 9:21 am on July 25, 2025, Bajaj Consumer Care share price was trading at ₹233.20, a 4.84% decrease.
The buyback is subject to shareholder approval through a special resolution and other applicable statutory clearances. Further details regarding timelines and the record date will be announced separately.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jul 25, 2025, 9:36 AM IST
Team Angel One
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