Bajaj Auto Ltd on January 3 mentioned it would consider a share buyback proposal subsequent week.
The firm’s board at its assembly scheduled for January 8, 2024 will consider a proposal to purchase again absolutely paid-up fairness shares of the corporate and different mandatory issues, Bajaj Auto mentioned in a regulatory submitting.
Subsequently, the buying and selling window for dealing in securities/fairness shares of the corporate has been closed for all designated individuals and their kin from January 1, 2024 and can stay closed until the result of declaration of economic outcomes for Q3 FY24 until January 26, it added.
Shares of Bajaj Auto have been buying and selling at ₹7,021.10 apiece within the afternoon commerce, up 5.38% from the earlier shut.