India’s 2nd-Largest Two-Wheeler Manufacturer to Consider Share Buyback; Share Price Jumps Over 4% on Thursday

The Indian equity markets traded weak on Thursday, with the Nifty 50 index declining by 0.89 per cent to 23,963.60 during the session. Despite the weakness in benchmark indices, stock-specific buying momentum remained visible in select Large-Cap auto counters. In this segment, Bajaj Auto remained sharply in focus after the company informed exchanges that its Board of Directors will consider a proposal for buyback of equity shares at its meeting scheduled on May 6, 2026. Supported by the development, Bajaj Auto's share price jumped 4.53 per cent to Rs 9,976 on Thursday.

Bajaj Auto Buyback Development

Bajaj Auto informed the stock exchanges that the Board of Directors will consider a proposal for buyback of fully paid-up equity shares of the company at its upcoming board meeting to be held on May 6, 2026. The company stated that the proposal will be evaluated in accordance with SEBI Buy-back Regulations, Companies Act provisions and other applicable laws.

The announcement has come at a time when the company’s trading window remains closed till May 8, 2026, covering both the quarterly earnings consideration and the proposed buyback approval.

Bajaj Auto Shareholding 

As per the latest March 2026 shareholding pattern, Domestic Institutional Investors increased their stake in Bajaj Auto to 14.35 per cent as against 14.07 per cent in the December 2025 quarter. Promoter holding remained largely stable at 55.01 per cent, while Foreign Institutional Investors held 8.82 per cent compared to 8.84 per cent in the previous quarter. Public shareholding stood at 21.62 per cent.

About Bajaj Auto

Bajaj Auto Ltd is one of India’s leading two-wheeler and three-wheeler manufacturers with a strong domestic and export presence across motorcycles, scooters, electric vehicles and commercial mobility solutions. The company owns major brands such as Pulsar, Platina, Dominar, Chetak and KTM alliance products and remains one of the most cash-rich companies in the Indian automobile sector.

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Disclaimer: This article is for informational purposes only and not investment advice.