Bajaj Consumer Care Limited has informed the Exchange about Copy of Newspaper Publication
BAJAJCON · price
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Bajaj Consumer Care Limited has published notices in Financial Express, Jansatta, and Dainik Navjyoti (dated July 30, 2025) regarding a postal ballot for shareholder approval of a share buyback. The buyback proposes to repurchase up to 64,34,482 equity shares (4.69% of total paid-up equity capital as of March 31, 2025) at INR 290 per share, for an aggregate amount not exceeding INR 18,660 lakh. Electronic copies of the postal ballot notice were dispatched on July 29, 2025. Remote e-voting will be open from July 31, 2025 to August 29, 2025, with results announced by August 31, 2025. The cut-off date for shareholder eligibility is July 25, 2025.
The buyback at INR 290 per share is at a significant premium to market levels, which could be supportive of the stock price in the near term. Shareholders now need to vote electronically by August 29, 2025; the buyback will only proceed if approved by special resolution through this postal ballot process.