Bajaj Consumer board to meet on July 24 to consider share buyback, stock rallies 5%
ADVERTISEMENT In a regulatory filing, Bajaj Consumer stated that the board meeting will be held to consider and approve proposal for buyback of fully paid-up equity shares of the Company, in accordance with the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 2018.
The company also noted that matters related and incidental to the buyback will be discussed in the meeting.
'The meeting of Board of Directors of the Company is scheduled on Thursday, July 24, 2025, inter alia, to consider and approve proposal for buyback of fully paid-up equity shares of the Company, in accordance with the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 2018, including matters related/incidental thereto,' said the company in its regulatory filing.Separately, Bajaj Consumer has confirmed that the trading window for dealing in its securities will remain closed for designated persons under its Code of Conduct. The trading window, which closed from July 1, 2025, will remain shut until 48 hours after the announcement of its unaudited financial results for the quarter ended June 30, 2025.According to Trendlyne data, Bajaj Consumer Care has approved a share buyback twice in its history, once in May 2024, while the other one in December 2022.
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Also read: Early Q1 results show a slowdown in revenue and profit growth for Indian companies
As for other corporate actions, the company has not issued any bonus shares in the past; however, it has split its shares once in 2011.
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