Bajaj Auto buyback record date today; shares decline 3% intraday. Details here (opens original article in a new tab)

Bajaj Auto share price declined 2.88% on NSE on the buyback record date, following a ransomware attack and announcement of NCD allotment. The company is conducting its largest share buyback programme, offering ₹12,000 per share with a total size of ₹5,632.8 crore.

• Bajaj Auto share price fell 2.88% on NSE on the buyback record date
• Company confirmed ransomware attack affecting systems of parent and subsidiary
• Bajaj Auto announced allotment of 50,000 non-convertible debentures worth ₹500.20 crore
• Company's share buyback programme involves repurchasing 46.94 lakh shares at ₹12,000 per share