Outcome of Board Meeting - Appointment of Joint Managing Director

Bajaj Auto's Board has approved the re-designation and appointment of Mr. Rakesh Sharma as Joint Managing Director, effective 01 June 2026, subject to shareholder approval. Sharma, currently an Executive Director, has been with Bajaj Auto for over 19 years, joining in 2007. He previously served as President of International Business and Chief Commercial Officer before becoming Executive Director in January 2019. His new role will include oversight of Digital & IT and Legal functions, and he will continue reporting to Managing Director Mr. Rajiv Bajaj. The appointment term runs until 31 March 2029.