Bajaj Auto Limited has announced a dividend of Rs 150 per equity share for the financial year ending March 31, 2026. The record date for determining shareholder eligibility is May 29, 2026. The dividend, recommended by the Board of Directors on May 6, 2026, is subject to approval by shareholders at the Annual General Meeting scheduled for July 21, 2026. If approved, the payment will be made on or before July 24, 2026.

The company has outlined specific tax deduction at source (TDS) implications for the dividend under the Income Tax Act, 2025. Shareholders must ensure their details, including Permanent Account Number (PAN) and residential status, are updated with KFin Technologies Limited, the Registrar and Share Transfer Agent, to comply with TDS provisions. The deadline for submitting documents to claim lower or nil TDS is July 1, 2026.

Resident Shareholder TDS Rates

For resident shareholders, TDS will be deducted based on the category and dividend amount received during the tax year 2026-27. The applicable rates are as follows:

Non-Resident Shareholder TDS Rates

Non-resident shareholders are subject to TDS at 20% plus applicable surcharge and health & education cess. However, they may opt for benefits under the Double Tax Avoidance Agreement (DTAA) if more beneficial. To claim DTAA benefits, non-resident shareholders must submit specific documents listed in Annexure A to KFin Technologies Limited.

The company emphasized that no communication or documentation regarding tax determination will be accepted after July 1, 2026. Shareholders are advised to consult their tax advisors for specific implications. TDS certificates will be emailed to registered addresses post-payment, and tax credits will be available in Form 168 on the Income Tax Department's e-filing portal.

Bajaj Auto has announced changes to its senior management personnel structure, effective from June 1, 2026. The company disclosed that Ms. Baminee Viswanat and Mr. Vijay Jerome will cease to form part of the senior management as defined under Regulation 16(1)(d) of the SEBI Listing Regulations. This decision follows an organizational restructuring that alters reporting lines within the company.

The disclosure was made to the stock exchanges pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company specified that the change is a consequence of shifts in reporting structures rather than a departure from the organization. Ms. Viswanat, who serves as General Counsel and was redesignated as Chief Legal Officer, and Mr. Jerome, the Chief Digital & Information Officer, are the executives impacted by this modification.

The table below outlines the specific details regarding the management change:

Bajaj Auto confirmed that the intimation is being made available on its website under the investor disclosures section. The filing was signed by Rajiv Gandhi, Company Secretary & Compliance Officer, on May 29, 2026.