Bajaj Finance Limited has informed the Exchange regarding Change in Auditors of the company.
BAJFINANCE · price
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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.
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Bajaj Finance's board, at its meeting on 29 April 2025, approved the appointment of M/s. Makarand M. Joshi & Co. as the company's Secretarial Auditor. The appointment is for a period of five consecutive years, from FY 2025-26 to FY 2029-30, and is subject to shareholder approval at the upcoming Annual General Meeting. Makarand M. Joshi & Co. is a peer-reviewed firm of practicing company secretaries with over 25 years of experience in corporate governance and compliance. The disclosure is filed under SEBI Listing Regulations 24A and 30, with detailed particulars attached as Annexure A.
This is a routine compliance filing for a new secretarial auditor and is unlikely to have any meaningful impact on the stock price or shareholder interests. It is a governance-positive step, with the new firm bringing extensive regulatory expertise across multiple sectors.