BAJAJ-AUTONSEBajaj Auto Limited· Automobiles - 2 And 3 WheelersMediumNeutral
Announced Wed, 18 Mar · 17:44 IST

Bajaj Auto Limited has informed the Exchange regarding Outcome of Board Meeting held on March 18, 2026 - Re-appointment of Whole-time Director of the Company.

Management Changes View source PDF

BAJAJ-AUTO · price

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Price reaction · full curve 14 horizons · vs prior close
-1.7%1-day move
₹9229.00
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₹9113.50
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AI summary

Bajaj Auto's Board, at its meeting on March 18, 2026, approved the re-appointment of Shri Pradeep Shrivastava as Whole-time Director with the designation of Executive Director for a fresh 5-year term from April 1, 2026 to March 31, 2031, subject to shareholder approval. His current term expires on March 31, 2026. Shrivastava, an IIT Delhi Mechanical Engineering graduate and IIM Bangalore alumnus, has been with Bajaj Auto since 1986, became COO in April 2010, and joined the Board as Executive Director in April 2016. He was also recently appointed to the Supervisory Board of KTM AG and Bajaj Mobility AG in November 2025. The company confirmed he is not debarred from holding office by SEBI or any other authority.

Likely market impact

This is a routine continuity announcement — re-appointing an experienced internal executive ensures leadership stability at the operating level. No material change to the business or shareholder value is expected, though it still needs shareholder approval at a general meeting.