Bajaj Auto Limited has informed the Exchange regarding Appointment of Mr Rakesh Sharma as Joint Managing Director of the company w.e.f. Jun 01, 2026.
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Bajaj Auto's Board has approved the re-designation and appointment of Mr. Rakesh Sharma as Joint Managing Director effective June 1, 2026, until March 31, 2029, subject to shareholder approval. Sharma, who currently serves as Executive Director, has been with Bajaj Auto for 19 years, joining in 2007 as President of International Business. He was elevated to Chief Commercial Officer in July 2018 and became Executive Director in January 2019. In his new role, he will continue reporting to Managing Director Mr. Rajiv Bajaj, while also overseeing the Digital & IT and Legal functions directly.
This represents a routine internal promotion with no change in control. Sharma's extensive experience and existing familiarity with operations suggests continuity in leadership strategy, with minimal direct impact on stock price from this appointment.