Bajaj Auto Limited has informed the Exchange regarding Outcome of Board Meeting held on May 06, 2026 - Appointment of Joint Managing Director.
BAJAJ-AUTO · price
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Bajaj Auto's Board has approved the re-designation and appointment of Mr. Rakesh Sharma as Joint Managing Director, effective 1 June 2026 until 31 March 2029. The appointment is subject to shareholder approval. Sharma, an IIM Ahmedabad graduate with over 40 years of experience, has been with Bajaj Auto for 19 years, currently serving as Executive Director. He previously led International Business for over 10 years and has been Chief Commercial Officer since July 2018. As Joint Managing Director, he will continue reporting to Managing Director Mr. Rajiv Bajaj while additionally overseeing the Digital & IT and Legal functions.
This internal promotion signals continuity in leadership and strengthens the senior management team. The expanded remit for Digital & IT suggests increased focus on digital transformation. Shareholders can view this positively as it reflects planned succession and retention of experienced leadership.