Bajaj Auto seeks shareholder approval via postal ballot for a ₹5,632.80 crore buyback of up to 46.94 lakh shares at ₹12,000 per share.
The company also proposes the re-appointment of Pradeep Shrivastava as Executive Director for five years effective 1 April 2026.
Remote e-voting is scheduled from 18 May to 16 June 2026, with KFin Technologies managing the process and Makarand M. Joshi & Co. as scrutinizer.
The buyback represents 16.93% of standalone reserves and will be executed via tender offer route, with promoters declaring non-participation.