Source :- Bajaj Auto Annual Report March 23 Based on 31 march 23 Annual Report 1.96% i.e. 208535 shares holder hold below 500 Shares totalling to 5542747 shares, If we assume out of above shares if retail shareholder below 27 shares (who only falls under retail category as per current price of 7200/- ) are holding 70% shares viz. 5542747 x 70% = 38,80,000 shares approx Buyback size for Retail share holder is 6 lakh shares ( 40 lakh shares *15% ) , if we divide 6 L / 38.80 L ( tentative ret. SH) comes to 15.5% approx eligibility…
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