Bajaj Finance Limited has informed the Exchange regarding 'Re-appointment of Chief Risk Officer'.

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Price reactionminutes from the announcement price · days from the prior close

-5.4%Reaction day

₹910.50

prior close

₹884.00

announcement price

After-mkt

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Nifty 100market · index membership as recorded later (tracked since Jun 2026)-0.1%-5.3% vs market

Non Banking Financial Company (NBFC) peers, median of 193sector-1.6%-3.8% vs sector

On the reaction day the stock moved 5.3 pts less than Nifty 100 and 3.8 pts less than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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15m

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Reaction day

-5.4-0.1-5.3-1.6-3.8

Next day

-2.6-0.1-2.5-1.6-1.0

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-3.5-0.1-3.4-2.8-0.7

-1.4+0.1-1.5-3.0+1.6

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15d

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+2.9+5.1-2.2+1.8+1.1

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UpDownMarket · Nifty 100Sector · Non Banking Financial Company (NBFC) peers, median of 193Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Bajaj Finance's Board, at its meeting on 29 April 2025, approved the re-appointment of Fakhari Sarjan as the Chief Risk Officer (CRO) of the company. The new term begins on 1 July 2025 and will run for three years, or until Fakhari Sarjan reaches the age of superannuation, whichever comes first. His current term as CRO is set to end on 30 June 2025. The re-appointment complies with the RBI's Master Direction for NBFC Scale Based Regulation, which requires NBFCs to formally appoint a CRO.

Likely market impact

This is a routine, continuity-driven governance action and should have no material impact on the stock price. It signals stability in the company's risk management leadership, which is important for an NBFC.