Snippets Column

Bajaj Auto announces share buyback worth Rs 4,000 crore

Bajaj Auto on Monday announced a share buyback worth Rs 4,000 crore. The company’s board has approved the proposal for buy back of up to 4,000,000 shares of face value of Rs 10 each at a price of Rs 10,000 per share for a total consideration not exceeding Rs 4,000 crore, the Pune-based company said in a regulatory filing. The company’s board has constituted a buyback committee and has delegated the power to do all such acts, deeds, matters and things as it may deem necessary, expedient or proper in connection with the offer, it added. The buyback is subject to approval of the shareholders

Naiteek Bhatt

Recent Posts

Israel’s National Security Minister Resigns Over Gaza Ceasefire Deal

Ben-Gvir’s resignation leaves Netanyahu’s coalition with a fragile majority in the Knesset, Israel’s 120-member parliament.

7 mins ago

India’s Fiscal Deficit Shrinks, Driven By Growing Tax Revenues, Reports The World Bank

India’s fiscal deficit is on track to shrink steadily, bolstered by rising tax revenues, according…

52 mins ago

Fire Breaks Out In Sector 19 At Maha Kumbh; Doused Quickly

Vigilance officers averted major mishappening as the fire was averted quickly. However, the reason behind…

54 mins ago

Kashmiri Students Shine In Atal Innovation Mission Marathon

Kashmiri students making significant strides in AIM, demonstrating exceptional creativity and problem-solving skills in this…

58 mins ago

Republic Day Security: Noida Police Ramp Up Checks and Patrolling Across Key Areas

Ahead of Republic Day, the police in Gautam Buddh Nagar have heightened security measures across…

2 hours ago

PM Modi Praises Launch Of India’s First Private Satellite Constellation ‘Firefly’

PM Narendra Modi hailed the successful launch of India’s first private satellite constellation, 'Firefly,' by…

2 hours ago