BAJAJHLDNGNSEBajaj Holdings & Investment Limited· FinanceMediumNeutral
Announced Thu, 7 May · 15:03 IST

Bajaj Holdings & Investment Limited has informed the Exchange about reappointment of Dr. Arindam Bhattacharya as a Non-Executive, Independent Director of the Company for second term of five consecutive years.

Management Changes View source PDF

BAJAJHLDNG · price

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Price reaction · full curve 14 horizons · vs prior close
+0.5%1-day move
₹10625.00
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₹10600.00
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AI summary

Bajaj Holdings & Investment Limited (BHIL) reported audited standalone profit after tax of Rs. 4,707.80 crore for FY2026, more than triple the Rs. 1,291.83 crore in FY2025. The surge was driven by a Rs. 1,982.99 crore exceptional profit from selling 10.4 million Bajaj Finserv shares in June 2025. Total income rose to Rs. 3,184.31 crore from Rs. 1,600.25 crore. The Board also recommended a final dividend of Rs. 130 per share (including a special Rs. 50 payout for the group's 100-year celebrations), payable by August 5, 2026. Additionally, the Board approved the re-appointment of Dr. Arindam Bhattacharya as a Non-Executive Independent Director for a second five-year term starting September 17, 2026, subject to shareholder approval at the July 31, 2026 AGM. The company also completed acquiring 17.56% stakes in Bajaj General Insurance and Bajaj Life Insurance for Rs. 16,333.30 crore in January 2026 as part of the Allianz exit.

Likely market impact

Strong financial performance with massive profit growth provides a positive signal. The independent director reappointment is routine and ensures continuity of governance. The special dividend payout reflects the company's robust cash position.