Bajaj Auto allots shares under employee stock option scheme

Bajaj Auto Limited (BAL) has allotted a total of 240,230 equity shares of face value Rs. 10 each to the Bajaj Auto ESOP Trust, under its Employee Stock Option Scheme, 2019. The allotment was finalized by the allotment committee of the board of directors on December 12, 2025. This action follows an earlier intimation on July 16, 2024, regarding the board's decision to issue equity shares to the Trust under the scheme.

The allotment comprises two distinct tranches. The first tranche consists of 60,942 shares granted on April 29, 2021, at a price of Rs. 3,889.75 per share. The second, larger tranche includes 179,288 shares granted on April 27, 2022, at a price of Rs. 3,892.10 per share. These allotments signify the company's ongoing commitment to its employee stock option program.

The company's corporate relations department made the announcement to both BSE Limited and the National Stock Exchange of India Ltd. The communication was signed by Rajiv Gandhi, company secretary & compliance officer.