Bajaj Auto Buyback 2022 Record Date, Price and Ratio Details – IPO Watch
The acquisition of Bajaj Auto 2022 was announced on June 27, 2022. The acquisition of Bajaj Auto the opening date is July 4 and will close on January 3, 2023. Acquisition of Bajaj Auto record date is not available as this is an open market buyout offer. The investor must purchase Bajaj Auto shares before the record date to be eligible for redemption.
Bajaj Auto Buyback of ₹2500 crore approved by the Board of Directors at the meeting took place on June 27, 2022. Bajaj Auto Buyback will be through the open market route through the mechanism of the exchange. The Company’s Board of Directors has approved the Company’s repurchase of its fully paid shares with a par value of ₹10 each at a price not exceeding ₹4,600 per share and for an aggregate amount not exceeding ₹2,500 crore from shareholders. Check out the details of Bajaj Auto Buyback 2022 below:
The Bajaj Group company, Bajaj Auto Limited, is a manufacturer of motorcycles, scooters and three-wheelers. They are India’s leading exporter of motorcycles. The company has launched brands like Boxer, Caliber, Pulsar and many more. They launched India’s first true cruiser bike, Kawasaki Bajaj Eliminator. They are also the largest manufacturer of three-wheelers in the world. Bajaj Auto is the first two and three wheeler company in the world to have reached a market capitalization of INR 1 trillion.
Bajaj Auto Buyback 2022 Dates and Times
|Date of buyout meeting:|| June 27, 2022
|Takeover announcement date:||June 27, 2022|
|Redemption registration date:||Open market|
|Redemption start date:||July 4, 2022|
|Redemption closing date:||January 3, 2023|
|Finalization of acceptance of redemption:||[.]|
Bajaj Auto Buyout 2022 Offer Details
Bajaj Self Redemption 54 34,782 capital shares at a price of ₹4600 per share. Takeover offers not to be exceeded ₹2500 crore the total size of the tender offer.
|Bid amount:||₹2500 Crores|
|Number of shares:||54,34,782 Equity shares|
|Face value:||₹10 per share|
|Redemption price:||₹4600 per share|
|SEO:||BSE and ESN|
|Type of redemption:||Open market|
|Offer letter:||Click here|
Bajaj Auto Buyback 2022 Acceptance Rate
|Acceptance rate||Investment||Redemption of shares||Profit
Bajaj Auto Financial Report
|₹ in Crores|
How to Participate in Bajaj Auto Buyback 2022
Investors are eligible for the buyback program who have Bajaj Auto shares in their Demat account as Open market. Eligible shareholders can participate in the Bajaj Auto Buyback 2022 program according to the opening form by selling their shares. Payment will be made in accordance with shares accepted by the company under Bajaj Auto’s buyback program.
Bajaj Auto Buyback 2022 Registrar
KFin Technologies Limited
Selenium Tower B, Plot n° 31-32,
Gachibowli, financial district,
Nanakramguda, Seri, Hyderabad 500032, Telangana
Tel: 040-67161500, 67162222, 33211000
Fax; 040-23420814, 23001153
Email: [email protected]
Bajaj Auto Buyback 2022 Leaders
- JM Financial Consultants Private Limited
Bajaj Auto company address
Bajaj Auto Limited
Mumbai-Pune Road, Akurdi,
Mumbai – 411035, , Maharashtra
Email: [email protected]
How to apply Bajaj auto redemption via Zerodha?
Log in to the console on the Zerodha website or in the app. Go to Portfolio and click on Corporate Actions. You will see the company name “Bajaj Auto”. Click Place Order. Enter your quantity and submit the Bajaj Auto redemption request form.
How to apply Bajaj Auto Redemption via Upstox?
Log into the Upstox app with your credentials. Select the Account section. You will see the company name “Bajaj Auto”. Click on Bajaj Auto Stock for redemption. Enter your quantity and submit the Bajaj Auto redemption request form.
How to apply Bajaj Auto Redemption via Paytm Money?
Log into the Paytm Money app with your credentials. Select Bajaj Auto. Enter your quantity and submit the Bajaj Auto redemption request form.
2022 Bajaj Auto Buyout FAQ
What is the registration date of Bajaj Auto Buyback 2022?
Bajaj Auto buyback 2022 record date is Open market.
What is the opening date of Bajaj Auto Buyback 2022?
Bajaj Auto buyback 2022 opening date is July 4, 2022.
What is the Bajaj Auto Buyback 2022 price?
The company set the price at ₹4600 per share.
How to Apply for Bajaj Auto Buyback 2022?
According to the registration date, you must have Bajaj Auto shares in your Demat account. You can participate in the redemption after having the stock in your account.