Announced Wed, 29 Apr · 17:12 IST
Rajiv Bajaj to step down as Non-Executive Director at upcoming AGM
Management Changes View source PDF
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
timing
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+2.1+3.1+1.4+2.5+1.8+2.9+5.2+4.4+2.3-2.8-1.7-4.6+7.9—
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AI summary
Rajiv Bajaj (DIN: 00018262), Non-Executive Director on Bajaj Finance's board, has expressed willingness to step down and will not seek re-election at the upcoming AGM on 30 July 2026. He will cease to be a director at the close of that AGM. The board recorded its appreciation for his long association. Rajiv Bajaj, part of the promoter Bajaj family, also serves as MD & CEO of Bajaj Auto.
Likely market impact
Voluntary exit of a promoter-family non-executive director; typically limited direct price impact, but signals board succession considerations.