StockWatch
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Non Banking Financial Company (NBFC)
AGM/EGM31 Jul 2026, 07:30 pm

Bajaj Finance: Pramit Jhaveri re-appointed Independent Director; Rajiv Bajaj steps down

AI Summary

Bajaj Finance Ltd announced that its shareholders have approved the re-appointment of Pramit Jhaveri as an Independent Director for a second five-year term, commencing August 1, 2026, and concluding July 31, 2031. Concurrently, Rajiv Bajaj has stepped down as a Non-Executive Director, effective July 30, 2026, due to increased professional commitments, particularly at Bajaj Auto Limited. The approvals were granted at the company's 39th Annual General Meeting held on July 30, 2026.

Key Highlights

  • Pramit Jhaveri re-appointed as Independent Director for five years.
  • Rajiv Bajaj resigns as Non-Executive Director.
  • Shareholders approved director re-appointment and resignation at AGM.
  • Rajiv Bajaj cites increased professional commitments for stepping down.