Bajaj Auto board approves share buyback

Bajaj Auto board approves share buyback

by admin- Monday, June 27th, 2022 03:26:01 PM

Bajaj Auto at its meeting held on June 27, 2022, has approved the concept for buyback of the completely paid up equity stocks of the Company having a face value of Rs. 10/- each from the present shareholders of the Company from open marketplace via inventory alternate mechanism, at a rate no longer exceeding Rs. 4,six hundred/- in keeping with Equity Share and such aggregate quantity, up to Rs. 2,500 crore, representing nine.61% and eight.71% of the mixture of the whole paid-up share capital and unfastened reserves of the Company based on the modern day audited monetary statements of the Company as at March 31, 2022.

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