Bajaj Auto says its board will meet on May 6, 2026 to consider a share buyback proposal. If approved, the company plans to return surplus cash to shareholders, following the Companies Act, 2013 and Sebi’s buyback regulations. The decision could significantly shape investor sentiment ahead of the board’s ruling.
Lux Industries’ shares fell more than 7% after its board approved a business demerger that will split the company into three verticals. The restructuring is tied to a promoter family settlement, and management control under the Todi family will be realigned across the new entities. Two of the verticals are expected to be listed separately, reshaping the small-cap’s future.
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