Bajaj Auto defers share buyback; Shekhar Bajaj steps down - Economic Times

We wish to inform that the board...has decided that further deliberations are required in order to take a decision on the proposal of buyback, and accordingly deferred the matter, Bajaj Auto said in a customary filing with the exchanges.

was the biggest loser on both the Nifty and the Sensex on Tuesday after the maker of Pulsar bikes announced the deferral of its share buyback proposal, saying it needed "further deliberation." The … [+830 chars]

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