Bajaj Consumer Care Limited — Board Meeting, 24-07-2025: Outcome of Board Meeting
24-07-2025 | 03:57 pm
24-07-2025 | 03:57 pm
Bajaj Consumer Care has announced a significant share buyback of up to 6.43 million shares (4.69% of total capital) at ₹290 per share, totaling up to ₹186.60 Cr. The buyback, via tender offer, requires shareholder approval. Notably, promoters will not participate.
Additionally, the board approved the demerger of Vishal Personal Care's manufacturing and distribution business (a wholly-owned subsidiary) into Bajaj Consumer Care. This strategic move aims for operational synergies and cost efficiencies. The demerged unit had a turnover of ₹52.52 Cr in FY25. No new shares will be issued, ensuring no change to the current shareholding structure.
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