The company is undertaking a buyback of up to 46.94 lakh fully paid-up equity shares of face value of Rs 10 each at a price of Rs 12,000 per share, payable in cash, for an aggregate amount of up to Rs 5,632.8 crore, Bajaj Auto said in a regulatory filing.

The proposal was first passed by the company’s board on May 6, 2026, and subsequently by shareholders by way of a special resolution through postal ballot notice on May 14, 2026, the results of which were announced on June 18, 2026.