Bajaj Auto Ltd (BAJAJ-AUTO)
Outcome of Board Meeting - Buyback of fully paid-up equity shares of the company, subject to approval of the shareholders.
Board approved buyback of up to 4,694,000 equity shares (1.68% of paid-up capital) at INR 12,000/share, aggregating up to INR 5,633 Cr. Buyback subject to shareholder approval via postal ballot and regulatory approvals. Buyback to be conducted via Tender Offer route. A Buyback Committee formed to oversee the process. Public announcement and letter of offer to follow with details and timelines.
Source: Original filing PDF
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