Bajaj Consumer Care Limited — Others, 29-07-2025: Shareholders meeting

Bajaj Consumer Care has initiated a postal ballot for shareholders to approve a buyback of up to 64.34 lakh equity shares at INR 290 per share, totaling INR 186.60 Cr. This represents 4.69% of the company's total equity capital. The buyback aims to return surplus cash to shareholders, enhance returns, and improve return on equity. Funds will be sourced from internal accruals, not debt. Promoters will not participate, and 15% of the buyback is reserved for small shareholders. The Board confirms the company's solvency, and the buyback adheres to financial limits. This move offers an opportunity for eligible shareholders to liquidate holdings.