BSE · Corporate Action · High
Bajaj Auto opens ₹5,632 cr buyback tender at ₹12,000 per share
Bajaj Auto will repurchase up to 1.68% of its equity via a tender offer at ₹12,000 per share, with the window open July 1-7, 2026.
What changed
- Bajaj Auto proposes buyback of up to 46,94,000 equity shares (1.68% of equity) at ₹12,000 each, totalling ₹5,632.80 crore.
- Offer window runs from July 1 to July 7, 2026, via BSE's acquisition window.
- Record date for eligibility is June 24, 2026; shareholders can tender on a proportionate basis.
The read
Bajaj Auto is returning ₹5,632 crore. Its tender offer at ₹12,000 per share targets 1.68% of equity, a clear premium that should please long-term holders. But expect proration. Not every share tendered will be bought back. The 7-day window starting July 1 leaves little room for delay. Record date is June 24. The buyback stays within the 25% statutory limit, using free reserves as of March 31, 2026. This is a major capital return event for a blue-chip.
Bajaj Auto Limited₹5,632.80 crore₹12,000 per share
Primary source: official circular (PDF)