Bajaj Auto buyback: June 24, 2026 record date

Why June 24 matters for Bajaj Auto shareholders

Bajaj Auto has finalised Wednesday, June 24, 2026 as the record date for its proposed share buyback, a key step that determines which shareholders are eligible to participate. The decision was taken by the Buyback Committee constituted by the company’s Board of Directors and disclosed through an exchange filing.

The update arrives in a week where several large-cap names are expected to feature in corporate action calendars, with market participants tracking ex-dates for dividends, bonuses, and other shareholder payouts. In that context, Bajaj Auto stands out because the buyback is among the largest capital return announcements in the two-wheeler space.

What Bajaj Auto has announced

The company plans to repurchase up to 46,94,000 fully paid-up equity shares through a tender offer. The buyback price is fixed at ₹12,000 per share. The equity shares have a face value of ₹10 each.

The total buyback consideration is up to ₹5,632.80 crore. The buyback proposal was approved by Bajaj Auto’s Board of Directors on May 6, 2026, and subsequently approved by shareholders on June 18, 2026. Shareholder approval also followed a remote e-voting process that concluded on June 16, 2026.

Record date and eligibility: what investors need to know

Record date is the cut-off date used to determine which shareholders appear on the company’s records and can tender shares in the buyback. Bajaj Auto has fixed June 24, 2026 for this purpose.

The buyback is structured as a tender offer, meaning eligible shareholders can offer their shares back to the company at the announced buyback price, subject to entitlement and acceptance as per the offer terms.

The record date announcement is also relevant for investors tracking settlement timelines. Under India’s T+1 settlement framework, investors who want their holdings to be reflected by the record date would need to buy shares by June 23, 2026.

Size of the buyback and what it represents

Bajaj Auto’s buyback covers up to 46.94 lakh shares, which the company stated represents 1.68% of its total paid-up share capital. The announced buyback price of ₹12,000 per share was also described as being at a premium of nearly 19.5% to the stock’s previous closing price in the reporting.

In addition to the scale, the timeline is notable. The board approval came in early May, shareholder approval in mid-June, and the record date has now been set for late June, indicating the process has moved through key formal steps.

Dividend alongside the buyback: ₹150 per share for FY26

Along with the buyback, Bajaj Auto announced a final dividend of ₹150 per equity share for the financial year ended March 31, 2026. The company described this as a 1,500% dividend, based on the ₹10 face value.

The dividend record date was fixed as Friday, May 29, 2026. Payment is expected on or around July 24, 2026, subject to approval at the Annual General Meeting (AGM).

This combination of a large buyback and a sizeable final dividend places Bajaj Auto among companies returning significant cash to shareholders during the FY26 results season.

How this fits into the week’s corporate action calendar

The broader corporate actions calendar for the week includes several large-cap names expected to trade ex-date, including companies such as HUL, Tata Power, Asian Paints, LIC India, IndusInd Bank and Bajaj Auto.

Separately, the mid-week schedule highlighted that Wednesday would see two stocks turn ex-bonus, marking the first bonus shares of the week, and two stocks turn ex-dividend. The provided details did not specify the names of the bonus and additional ex-dividend stocks.

Market reaction and trading context

The announcement was widely tracked as Bajaj Auto’s “biggest-ever” share buyback, based on the stated buyback size. Reporting around the update also noted that the stock recovered to close in the green on the day the record date information was published.

For investors, two numbers are central to the event: the buyback price of ₹12,000 per share and the size of up to 46,94,000 shares. Together, they define the upper limit of the consideration at ₹5,632.80 crore.

Key facts at a glance

Why the announcement matters

A record date locks in the shareholder base that can participate in a tender offer buyback. For traders and long-term holders, it is one of the practical milestones that can influence positioning and settlement planning.

The pairing of a ₹5,632.80 crore buyback with a ₹150 per share final dividend also signals that the company is pursuing a substantial capital return programme for FY26, based on the figures disclosed.

What to watch next

The next updates investors typically watch after a record date disclosure are the detailed buyback offer timeline, including the tendering window and other process milestones. For the dividend, investors will watch for AGM approval and the payment timeline around the stated expected date.

For now, the confirmed dates to track are June 24, 2026 for buyback eligibility and May 29, 2026 as the dividend record date, with the final dividend payment expected around July 24, 2026 subject to AGM approval.