Bajaj Finance Limited has informed the Exchange regarding Outcome of Board Meeting held on April 29, 2026.

Director Flagged GovernanceManagement Changes View source PDF

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AI summary

Bajaj Finance has announced that Rajiv Bajaj, Non-Executive Director (DIN: 00018262), will step down from the Board. He has expressed willingness to step down and will not offer himself for re-election at the upcoming Annual General Meeting scheduled for July 30, 2026. The Board meeting held on April 29, 2026 took note of this and placed on record appreciation for his valuable service during his long association with the company. This decision was communicated to the stock exchanges in compliance with SEBI Listing Regulations.

Likely market impact

This represents a notable governance change as Rajiv Bajaj is from the promoter family. His departure may attract investor attention given his family lineage and long association with the Bajaj Group.