Bajaj Finance has announced that Shri Rajiv Bajaj will be stepping down from his position as a Non-Executive Director. He has formally indicated that he will not offer himself for re-election at the company’s upcoming annual general meeting. His tenure will officially conclude at the close of business hours on 30 July 2026. The board has formally acknowledged his long-standing service and contributions to the company’s growth.
Board Composition Change
Bajaj Finance Limited has confirmed a change to its Board of Directors. Shri Rajiv Bajaj (DIN: 00018262) has expressed his intention to vacate his position as a Non-Executive Director. This transition follows his decision not to seek re-election during the company’s annual general meeting, which is scheduled to take place on 30 July 2026.
Acknowledgment of Service
During the board meeting held on 29 April 2026, the directors formally placed on record their sincere appreciation for the valuable service and dedication provided by Shri Rajiv Bajaj throughout his long-term association with the organization. His departure marks the end of his current tenure at the close of business hours on the date of the annual general meeting.
Source: BSE