Bajaj Auto buyback 2026: June 24 record date, ₹5,633 cr

What Bajaj Auto announced

Bajaj Auto has fixed Wednesday, June 24, 2026 as the record date for its share buyback worth up to ₹5,633 crore. The record date determines which equity shareholders and beneficial owners are eligible to participate in the offer. The company disclosed the decision in an exchange filing. The announcement was made during market hours on Thursday. The buyback is to be executed with cash consideration. Bajaj Auto is a two and three-wheeler manufacturer.

Record date and why it matters

A record date is used to identify eligible shareholders for corporate actions such as buybacks. For this buyback, eligibility will be based on the names appearing as equity shareholders and beneficial owners as on June 24, 2026. Bajaj Auto said the decision was taken by the Buyback Committee constituted by its Board of Directors. Only those holding shares as on the record date can tender shares in the buyback process. The record date is a key operational milestone because it precedes the tendering process and entitlement determination.

Key buyback terms: shares, price, and size

Under the proposed buyback, Bajaj Auto will repurchase up to 46.94 lakh fully paid-up equity shares. Each share has a face value of ₹10. The buyback price is fixed at ₹12,000 per share. The consideration will be paid in cash. The total buyback size is up to ₹5,633 crore. The company has also described the buyback process as being carried out through the tender route.

Approvals already in place

The buyback proposal was approved by Bajaj Auto’s Board of Directors on May 6, 2026. The proposal was subsequently approved by shareholders on June 18, 2026. With these approvals in place, the record date announcement serves as the next formal step in the sequence. The company’s filing specifically links the record date to determining entitlement and eligibility. The update clarifies who can participate based on shareholding records on the specified date.

How the stock moved after the announcement

Bajaj Auto’s share price recovered from early losses after the record date announcement. The stock closed at ₹10,096 per share on the NSE, up 0.54%. During the session, it fell to an intraday low of ₹10,001, down 0.40%. The stock settled higher near the day’s high. The scrip has advanced for the last two trading sessions, according to the trading update shared alongside the announcement.

Summary table: buyback facts and market snapshot

What shareholders should watch next

The record date helps establish which investors can tender shares in the buyback. Bajaj Auto’s filing states that entitlement and the names of eligible shareholders and beneficial owners will be determined based on June 24, 2026. Investors typically track subsequent disclosures for operational details connected to the tender process. The company’s communication so far highlights the price, the maximum number of shares to be repurchased, and the overall buyback size. It also confirms that the buyback is a board-approved and shareholder-approved proposal.

Other corporate-action detail mentioned alongside updates

Separately, the provided update also mentions that Bajaj Auto’s board decided on a dividend of ₹150 per share for FY2025-26, subject to shareholder approval at the annual general meeting (AGM) scheduled for July 21. The same note states a dividend record date of May 29, and that dividend payment could be made around July 24. This dividend information is distinct from the buyback record date and does not change the buyback eligibility date. Investors often track both actions because each uses its own record date and eligibility rules.

Why this matters for markets

A buyback of up to ₹5,633 crore is a significant cash-return event and tends to be tracked closely by market participants. The announced buyback price of ₹12,000 per share provides a clear reference point for the tender offer. The stock’s intraday recovery and positive close on the NSE indicate that the market actively digested the update during the session. The record date also makes the buyback process more time-bound, since it anchors the list of eligible shareholders. For shareholders, the immediate practical implication is that eligibility is tied to holdings as on June 24, 2026.