BAJAJ-AUTONSEBajaj Auto Limited· Automobiles - 2 And 3 WheelersHighNeutral
Announced Fri, 2 May · 16:15 IST

Bajaj Auto Limited has submitted the Exchange a copy Scrutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.

Management Changes View source PDF

BAJAJ-AUTO · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Bajaj Auto has announced the results of its postal ballot concluded on 30 April 2025. Two special resolutions were passed by shareholders. The first re-appointed Rajivnayan Rahulkumar Bajaj as Managing Director & CEO for another five-year term from 1 April 2025, with 91.95% of votes in favour. The second re-appointed Abhinav Bindra (former Olympic gold medallist) as a Non-executive Independent Director for a second five-year term from 20 May 2025, with 98.48% of votes in favour. Total voting participation was 78.25% of outstanding shares (about 21.87 crore shares), and the promoter group voted 100% in favour of both resolutions. The scrutiniser, Shyamprasad D Limaye, confirmed the results, and Chairman Niraj Bajaj declared both resolutions passed.

Likely market impact

Leadership continuity is maintained with strong shareholder backing, reflecting confidence in the existing management team. The overwhelming approval — especially for the promoter-family CEO — signals stability, with no near-term governance concerns for investors.