Mumbai, July 25 -- The board approved the buyback of up to 64.34 lakh equity shares (4.69% equity) as of 31 March 2025. The buyback will be executed via the tender offer route at Rs 290 per share, aggregating to a maximum outlay of Rs 186.6 crore. This represents 23.70% of standalone and 24.88% of consolidated free reserves and paid-up share capital, well within the SEBI-permitted limit of 25%.

The buyback offer price is 24% premium to the ruling market price.

The buyback is subject to shareholder approval through a special resolution via postal ballot. The promoters and promoter group have expressed their intention not to participate in the buyback.

As of 18 July 2025, Bajaj Consumer's promoters held 40.95% stake.

Further, the board ...