Description

Bajaj Consumer Care Limited announces buyback of up to 64,34,482 equity shares at ₹290 per share through tender offer route.

Summary

Bajaj Consumer Care Limited has announced a buyback offer for up to 64,34,482 fully paid-up equity shares representing 4.69% of total paid-up equity capital as on March 31, 2025. The buyback will be conducted through tender offer route at ₹290 per share on proportionate basis from all eligible shareholders as on record date September 5, 2025.

Key Points

  • Buyback of up to 64,34,482 equity shares of face value ₹1 each
  • Buyback price: ₹290 per equity share
  • Maximum aggregate amount: ₹18,660 lakhs (excluding transaction costs)
  • Proportionate basis allocation to all eligible shareholders
  • Record date: Friday, September 5, 2025
  • Letter of Offer dated: Tuesday, September 9, 2025
  • Manager to Buyback: Anand Rathi Advisors Limited
  • Registrar to Buyback: KFin Technologies Limited

Regulatory Changes

Buyback conducted in accordance with:

  • Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018
  • Companies Act, 2013 Sections 68, 69 and 70
  • SEBI Listing Obligations and Disclosure Requirements Regulations, 2015
  • Article 62 of Company’s Articles of Association

Compliance Requirements

  • Subject to approvals from statutory/regulatory authorities including RBI, SEBI, ROC, NSE, BSE
  • Compliance with Companies (Share Capital and Debentures) Rules, 2014
  • Adherence to Companies (Management and Administration) Rules, 2014
  • All eligible shareholders as on record date can participate proportionately

Important Dates

  • Record Date: Friday, September 5, 2025
  • Letter of Offer Date: Tuesday, September 9, 2025
  • Reference Date for Paid-up Capital: March 31, 2025

Impact Assessment

High impact corporate action affecting all equity shareholders. The buyback of 4.69% equity shares worth ₹186.6 crores will reduce share capital and potentially increase earnings per share for remaining shareholders. Proportionate allocation ensures fair treatment of all shareholders. Market impact expected due to substantial buyback amount and premium pricing at ₹290 per share.

Impact Justification

Major corporate action involving buyback of 4.69% equity shares worth ₹18,660 crores affecting all shareholders