Why has Bajaj Auto deferred its buyback plan?
Answer
Answer
Answer
Bajaj Auto during its board meeting on 14th June decided to defer the share buyback plan. While no reasons were assigned, Bajaj Auto has said it would like to deliberate over the matter further. The last share buyback was done by Bajaj Auto in year 2000. For May 2022, Bajaj Auto had reported a fall of 11.86% in total sales to 2.75 lakh units amid tepid exports.