Announced Mon, 13 Apr · 16:46 IST
Postal Ballot: Independent Director appointment approved with 99.99% votes
Management Changes View source PDF
BAJAJHFL · price
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Price reaction · full curve 14 horizons · vs prior close
+4.7%1-day move
₹85.20
prior close
₹86.50
base price
After-mkt
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AI summary
Bajaj Housing Finance shareholders approved the appointment of Ajay Kumar Choudhary (DIN: 09498080) as Independent Director for a 5-year term effective March 1, 2026, via Postal Ballot. Out of roughly 73.59 crore votes polled, 99.9959% voted in favour, with only 3,03,793 votes (0.0041%) against. E-voting ran from March 13 to April 11, 2026.
Likely market impact
New Independent Director strengthens board oversight. Overwhelming 99.99% shareholder support signals confidence in the appointment.