Bajaj Consumer Care completes INR 18.66 bn share buyback

Bajaj Consumer Care Limited has completed its buyback of up to 6,434,482 fully paid-up equity shares at a price of INR 290 per share, totaling INR 18,659,997,800. This buyback represents 4.69% of the company's total paid-up equity capital as of March 31, 2025. The offer, which ran from September 11 to September 17, 2025, saw 16,979 valid bids for 30,083,488 equity shares, indicating an oversubscription of approximately 4.69 times.

The buyback included a reserved category for small shareholders, who tendered 3,069,165 shares against 1,010,200 reserved. The general category tendered 27,014,323 shares against 5,424,282 reserved. The extinguishment of the accepted shares is currently in process and is expected to be completed by October 6, 2025. This initiative aims to enhance shareholder value and optimize the company's capital structure.

Following the buyback, the company's issued, subscribed, and fully paid-up share capital will decrease to INR 13,061,832,100, represented by 130,618,321 equity shares of INR 1 each. The shareholding of promoters and the promoter group will increase from 40.95% to 42.97% of the total equity share capital.