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

Azam Khan Shares Struggles; Declines Bihar Polls Amid Security Concerns

Azam Khan avoided the Bihar elections, citing lawlessness, financial strain, police threats, and lack of…

45 mins ago

Grand Conclusion Of 3-Day Ghazipur Literature Festival; Bharat Express CMD Upendra Rai Wins Hearts With Address

Ghazipur Literature Festival concluded with CMD Upendra Rai inspiring audience on freedom, culture, roots, values.

2 hours ago

DoT India Warns Public Of Rising Mobile Number Scam, Urges Caution Against Fake Officials

PIB warns against fake DoT calls threatening mobile disconnection; urges users to verify via Sancharsaathi.

2 hours ago

CMD Upendra Rai Calls For Spiritual & Intellectual Awakening At Ghazipur Literature Festival

CMD Upendra Rai inspired audiences at the Ghazipur Literature Festival, urging spiritual awakening, unity, and…

3 hours ago

CJI Gavai Calls For Legal Aid Overhaul: Emphasizes Social Audits & Long-Term Vision

CJI B.R. Gavai urged a visionary overhaul of India’s legal aid system emphasizing accountability, empathy,…

3 hours ago

Bihar Poll Results Will Mark Rahul Gandhi’s 100th Electoral Defeat: Dr Dinesh Sharma

Dr Dinesh Sharma said Bihar results will mark Rahul Gandhi’s 100th electoral defeat milestone.

3 hours ago