Manish Jain elevated to Deputy CEO at Bajaj Finance

Management Changes View source PDF Explain this filing

BAJFINANCE · price

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

-7.1%Reaction day

₹1086.60

prior close

₹1043.70

announcement price

After-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.4%-7.5% vs market

Non Banking Financial Company (NBFC) peers, median of 204sector-0.1%-7.0% vs sector

On the reaction day the stock moved 7.5 pts less than Nifty 100 and 7.0 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

Stock

-3.0

10m

-3.1

15m

-3.1

30m

-3.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-7.1+0.4-7.5-0.1-7.0

Next day

-7.0+1.0-8.0-0.1-6.8

-7.3+1.0-8.4+0.1-7.4

-6.5+1.1-7.6+0.2-6.6

-5.5+1.6-7.0+0.0-5.5

-6.6+1.1-7.7-0.7-5.9

-5.3+2.0-7.3-1.5-3.9

15d

-5.6+1.4-7.0-2.5-3.1

-7.2+0.7-7.9-5.0-2.2

-12.6+0.5-13.1-6.2-6.4

-11.0+1.4-12.4-8.9-2.1

UpDownMarket · Nifty 100Sector · Non Banking Financial Company (NBFC) peers, median of 204Pending

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

AI summary

Bajaj Finance has promoted Manish Jain to Deputy CEO. He currently leads Capital Markets and is MD of Bajaj Financial Securities (Bajaj Broking). In his new role he will additionally oversee Loan against Securities, Commercial Lending and Deposits businesses, reporting to Vice Chairman and MD Rajeev Jain. Manish is a Chartered Accountant, joined Bajaj Finance in 2010, and grew the LAS portfolio from around 500 crore to 22,000 crore.

Likely market impact

Smooth internal succession move; experienced insider takes broader responsibility with no change at the top, supportive of leadership continuity.