Bajaj Auto’s ₹5,632.8 crore Shree

Bajaj Auto Ltd on Monday said its share buyback worth ₹5,632.8 crore will begin from July 1, 2026.

The company is buying 46.94 lakh fully paid equity shares of face value of ₹10 each at a price of ₹12,000 per share, payable in cash, aggregating to ₹5,632.8 crore, Bajaj Auto said in a regulatory filing.

The proposal was first passed by the company’s board on May 6, 2026, and then by shareholders through a special resolution through postal ballot notice on May 14, 2026, the results of which were declared on June 18, 2026.

The start date of the buyback will be July 1, 2026, and will close on July 7, 2026, the filing said.

On the rationale for the buyback, Bajaj Auto said its business growth, strong cash generation and strong balance sheet position allow it to “reward its shareholders from time to time, like in the current example, while retaining adequate capital for growth and investment opportunities”.

“The buyback strengthens the company’s commitment to its shareholders by returning surplus cash in an effective and efficient manner, and is expected to improve earnings per share and returns on equity,” it said.