Bajaj Holdings & Investment Limited has informed the Exchange regarding Demise of Shri. Madhur Bajaj, Non- Executive Director of the company on April 11, 2025.
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Bajaj Holdings & Investment Limited has informed the stock exchange about the sad demise of Shri. Madhur Bajaj, a Non-Executive Director of the company, on April 11, 2025. Shri. Madhur Bajaj was a member of the promoter Bajaj family and had been associated with the Bajaj Group for several decades. The company is yet to announce any succession plan or replacement for his board seat.
The loss of a senior promoter-family director may create short-term uncertainty around board composition and succession planning at the holding company of the Bajaj Group. Investors should watch for filings about a replacement director appointment in the coming weeks.