Bajaj Auto to Consider Share Buyback - Latest News
By Rediff Money Desk, NEWDELHI Jan 03, 2024 15:21
Bajaj Auto Ltd to consider a share buyback proposal on January 8, 2024. The company's board will also consider other necessary matters.
![Bajaj Auto to Consider Share Buyback - Latest News](https://im.rediff.com/money/2018/jun/18it.jpg)
New Delhi, Jan 3 (PTI) Bajaj Auto Ltd on Wednesday said it will consider a share buyback proposal next week.
The company's board at its meeting scheduled for January 8, 2024 will consider a proposal to buy back fully paid-up equity shares of the company and other necessary matters, Bajaj Auto said in a regulatory filing.
Subsequently, the trading window for dealing in securities/equity shares of the company has been closed for all designated persons and their relatives from January 1, 2024 and will remain closed till the outcome of declaration of financial results for Q3 FY24 till January 26, it added.
Shares of Bajaj Auto were trading at Rs 7,021.10 apiece in the afternoon trade, up 5.38 per cent from the previous close.
The company's board at its meeting scheduled for January 8, 2024 will consider a proposal to buy back fully paid-up equity shares of the company and other necessary matters, Bajaj Auto said in a regulatory filing.
Subsequently, the trading window for dealing in securities/equity shares of the company has been closed for all designated persons and their relatives from January 1, 2024 and will remain closed till the outcome of declaration of financial results for Q3 FY24 till January 26, it added.
Shares of Bajaj Auto were trading at Rs 7,021.10 apiece in the afternoon trade, up 5.38 per cent from the previous close.
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