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