Bajaj Auto AGM 2026: Dividend, e-voting, key dates

AGM notice filing and what it signals

Bajaj Auto’s AGM notice, filed with BSE on July 14, 2026 (17:03 IST) under the “Corporate Action - AGM Notice” category, sets out the agenda and voting process for the company’s 19th Annual General Meeting. The meeting is scheduled for July 21, 2026 and will be held in physical mode. The filing also mentions local transport arrangements for shareholders attending the AGM, indicating the company is planning for on-ground participation.

Beyond logistics, the notice matters because it brings together several shareholder decisions in one event. These include the adoption of FY2026 audited financial statements, shareholder approval for the final dividend, and decisions on board and senior management appointments. It also provides the timetable for remote e-voting and the cut-off date to determine voting eligibility.

Date, time, and venue for the 19th AGM

The 19th AGM is scheduled for Tuesday, July 21, 2026 at 12:30 pm. The venue is the company’s registered office at Mumbai-Pune Road, Akurdi, Pune 411035. The meeting is being conducted as a physical AGM, as stated in the filing.

The notice also flags that a live webcast of the AGM proceedings will be available through the KFin Technologies platform. This can help shareholders follow the proceedings even if they do not attend in person.

Dividend proposal: ₹150 per share and payout size

A central item for shareholder approval is the final dividend for FY2025-26 (financial year ended March 31, 2026). The board has recommended a dividend of ₹150 per equity share of face value ₹10 each (1500%). As per the filing, the total dividend payout for this recommendation is ₹4,192.47 crore.

The record date to determine shareholder eligibility for the dividend is Friday, May 29, 2026. If shareholders approve the dividend at the AGM, the company has said the dividend will be paid exclusively through electronic mode on or before Friday, July 24, 2026. The filing also notes that dividend payments will be based on records maintained by KFin Technologies Limited and the depositories NSDL and CDSL as of the record date.

Remote e-voting window and cut-off date

Bajaj Auto has arranged remote e-voting through KFin Technologies. The remote e-voting period begins on Thursday, July 16, 2026 at 9:00 a.m. and ends on Monday, July 20, 2026 at 5:00 p.m.

The cut-off date for determining eligibility to vote via remote e-voting is Tuesday, July 14, 2026. Shareholders who are eligible as on the cut-off date can cast votes electronically through the system provided by KFin.

Key resolutions shareholders are expected to vote on

The AGM agenda includes ordinary business items such as the adoption of audited standalone and consolidated financial statements for FY2026. The meeting will also consider the declaration of the final dividend of ₹150 per share, which has already been recommended by the board.

In addition, the notice outlines governance-related decisions such as the re-appointment of Sanjiv Bajaj as a director. It also includes voting on the appointment of Rakesh Sharma as Joint Managing Director, and the ratification of remuneration for the cost auditor.

Joint Managing Director appointment: term and remuneration disclosed

Shareholders will vote on the appointment of Rakesh Sharma as Joint Managing Director (JMD). The filing states that Sharma is currently an Executive Director and is proposed to be appointed as JMD for a term from June 1, 2026 to March 31, 2029.

The proposed remuneration package mentioned in the notice is ₹15.28 crore per annum. This disclosure gives shareholders a clear view of the senior leadership compensation proposal being placed for approval.

Buyback context referenced in the disclosure trail

Separate from the AGM notice, the provided information also references a buyback proposal and voting outcomes from an earlier shareholder process. The company’s board approved a buyback of up to 46,94,000 equity shares at ₹12,000 each, amounting to a total of ₹5,632.80 crore.

The buyback special resolution was approved with 99.84% votes in favour. Another special resolution mentioned is the re-appointment of Shri Pradeep Shrivastava as Whole-time Director for five years from April 1, 2026, which was approved with 95.44% votes in favour. The remote e-voting for these items concluded on June 16, 2026 and results were announced on June 18, 2026.

Key factual snapshot for shareholders

Market impact: what changes and what does not

The immediate market-relevant element in the AGM notice is the dividend timetable and the clarity on payment mode and dates. The record date of May 29, 2026 is the key eligibility anchor for shareholders, while the AGM approval is the final step before payment on or before July 24, 2026.

Governance items such as the proposed JMD appointment and director re-appointment can matter for investors tracking leadership continuity and board composition, but the filing does not indicate any change in business strategy. The webcast and e-voting access, along with local transport arrangements for in-person attendance, are operational measures aimed at facilitating shareholder participation rather than changing financial outcomes.

Conclusion

Bajaj Auto’s 19th AGM on July 21, 2026 is set to vote on FY2026 audited financial statements, the proposed ₹150 per share final dividend, and key leadership and auditor-related resolutions. Shareholders who plan to vote should note the July 14 cut-off date and the remote e-voting window of July 16-20, 2026. The next confirmed milestone after the AGM is the planned dividend payment through electronic mode on or before July 24, 2026, subject to shareholder approval.