Shareholders Resolution for Buyback of Equity shares

Bajaj Auto Ltd announced that its shareholders have approved a buyback of up to 46,94,000 fully paid-up equity shares, representing approximately 1.68% of the total equity capital. The buyback price is fixed at INR 12,000 per share, payable in cash, for an aggregate amount not exceeding INR 5,632.80 crores. This will be conducted on a proportionate basis through the tender offer route, as per approvals from both the Board of Directors and shareholders.