Bajaj Finance Limited has informed the Exchange regarding Change in Director(s) of the company.

BAJFINANCE · price

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Price reaction · full curve 14 horizons · vs prior close

+1.8%1-day move

₹932.80

prior close

₹945.00

base price

After-mkt

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5m10m15m30m1D2D3D4D5D7D15D1M2M3M

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AI summary

Bajaj Finance announced the re-appointment of Pramit Jhaveri as a Non-executive Independent Director for a second term of five years from 1 August 2026 to 31 July 2031. The appointment is subject to shareholder approval via special resolution. Jhaveri is a veteran banker with 32 years of experience at Citibank, having served as CEO of Citibank India from 2010 to 2019. He currently serves as Senior Advisor to Premji Invest and PJT Partners, and also sits on the boards of Bajaj Finserv and Larsen & Toubro. The company confirmed he is not debarred from holding directorship and has no relationship with existing directors.

Likely market impact

This is a routine governance update with no material impact on shareholders. The re-appointment of an experienced independent director like Jhaveri is generally viewed positively for board stability and corporate governance.