BAJAJHLDNGBSEBajaj Holdings & Investment LtdMediumNeutral
Announced Thu, 7 May · 14:45 IST

Re-appointment of Dr. Arindam Bhattacharya, as a non- executive, Independent director of the Company for second term of 5 consecutive years.

Management Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

The Board of Directors approved the re-appointment of Dr. Arindam Bhattacharya as a Non-executive Independent Director for a second term of 5 consecutive years from 17 September 2026 to 16 September 2031. This re-appointment is subject to shareholder approval via special resolution at the 81st AGM scheduled for 31 July 2026. Dr. Bhattacharya, former Managing Director and Senior Partner of Boston Consulting Group (BCG) India, has over 30 years of expertise in the industrial sector and serves on boards of WISH Foundation and Lemon Tree Hotels. The company confirmed he is not debarred from holding the director position. The same board meeting also approved audited FY2026 financial results showing standalone profit after tax of Rs 4,707.80 crore and recommended a final dividend of Rs 130 per equity share including a special Rs 50 payout for Bajaj Group's 100th anniversary.

Likely market impact

This routine re-appointment of an experienced independent director reinforces corporate governance stability. Dr. Bhattacharya's consulting and governance expertise continues to benefit the board. Combined with strong FY2026 financial results and generous dividend declaration, this announcement is positive for shareholder confidence.