Bajaj Auto Share Price in Focus; Announces ₹5,632.80 Crore Buyback Plan of 46,94,000 Shares at ₹12,000 Each

Bajaj Auto Limited has announced the approval of a buyback plan for 46,94,000 fully paid-up equity shares.  

This decision was made during the board meeting held on May 6, 2026, and is subject to shareholder approval through a special resolution. 

Details of the Buyback Plan 

The buyback involves purchasing up to 46,94,000 equity shares, each with a face value of ₹10, at a price of ₹12,000 per share.  

This buyback represents 1.68% of the company's total paid-up equity share capital. The total buyback size amounts to ₹5,632.80 crore, excluding transaction costs such as brokerage fees, taxes, and other related expenses. 

The buyback will be conducted on a proportionate basis through the "Tender Offer" route, in compliance with the Companies Act, 2013, and the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018. 

Formation of Buyback Committee 

Bajaj Auto's board has also formed a buyback committee, delegating powers to manage the buyback process.  

The committee has the authority to increase the buyback price and decrease the number of shares to be bought back, ensuring the buyback size remains unchanged. 

Read More: Bajaj Auto Share Price in Focus; April 2026 Sales Jump 40% YoY! 

Pre-Buyback Shareholding Pattern 

As of March 31, 2026, the pre-buyback shareholding pattern of Bajaj Auto is as follows: Promoter and Promoter Group hold 55.01%, Indian Financial Institutions, Banks, and Mutual Funds hold 14.47%, FII/FPI, NRIs, GDRs, Foreign Nationals, and OCB hold 9.58%, and the Indian Public, Corporates, and others hold 20.94%. 

Next Steps and Announcements 

The record date for determining eligible shareholders will be announced in due course. A public announcement and letter of offer detailing the process and timelines will be released as per the buyback regulations. 

Bajaj Auto Share Price Performance 

As of May 06, 2026, at 3:30 PM, Bajaj Auto share price on NSE was closed at ₹10,319.00 up by 2.72% from the previous closing price. 

Conclusion 

Bajaj Auto's board approval for the buyback of 46,94,000 shares at ₹12,000 each marks a significant corporate action. The buyback plan, subject to necessary approvals, aims to enhance shareholder value by reducing the equity base. 

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