Event Details
The 19th Annual General Meeting (AGM) of Bajaj Auto Limited was held on Tuesday, 21 July 2026 at 12:30 p.m. at the Registered Office of the Company at Mumbai-Pune Road, Akurdi, Pune.
Voting Process Details
The Company provided facility for remote e-voting to shareholders holding shares as on 14 July 2026 (cut-off date). The remote e-voting system remained open from Thursday, 16 July 2026 (9:00 a.m.) till Monday, 20 July 2026 (5:00 p.m.). Electronic voting facility (InstaPoll) was also made available at the venue of the AGM for members attending who had not cast votes by remote e-voting.
Shareholder Participation
Total number of shareholders on cut-off date: 3,76,389
Number of shareholders present in AGM either in person or through proxy:
- Promoters and Promoter Group: 20
- Public: 182
No shareholders attended through video conferencing.
Scrutinizer Appointment
M/s. Makarand M. Joshi & Co., Practicing Company Secretaries was appointed as Scrutinizer in the Board meeting held on 6 May 2026 to conduct both remote e-voting and e-voting at the AGM.
Voting Results Summary
All resolutions were passed with requisite majority and deemed passed on the date of AGM (21 July 2026).
Resolution Item No. 1 - Ordinary Resolution
To consider and adopt the audited standalone and consolidated financial statements for FY ended 31 March 2026 with Directors' and Auditors' Reports.
- Total shares voted: 22,10,56,623 out of 27,94,97,838 (79.09%)
- Votes in favor: 22,10,06,713 (99.9774%)
- Votes against: 49,910 (0.0226%)
Resolution Item No. 2 - Ordinary Resolution
To declare a dividend.
- Total shares voted: 22,10,88,734 out of 27,94,97,838 (79.1021%)
- Votes in favor: 22,10,88,492 (99.9999%)
- Votes against: 242 (0.0001%)
Resolution Item No. 3 - Ordinary Resolution
To appoint Sanjiv Bajaj (DIN: 00014615) as director who retires by rotation.
- Total shares voted: 22,10,72,280 out of 27,94,97,838 (79.0962%)
- Votes in favor: 21,70,51,911 (98.1814%)
- Votes against: 40,20,369 (1.8186%)
Resolution Item No. 4 - Ordinary Resolution
Ratification of remuneration to the Cost Auditor.
- Total shares voted: 22,10,72,273 out of 27,94,97,838 (79.0962%)
- Votes in favor: 22,10,71,924 (99.9998%)
- Votes against: 349 (0.0002%)
Resolution Item No. 5 - Special Resolution
To approve payment of commission to Non-executive Directors for five years commencing 1 April 2026.
- Total shares voted: 22,10,72,180 out of 27,94,97,838 (79.0962%)
- Votes in favor: 22,09,23,763 (99.9329%)
- Votes against: 1,48,417 (0.0671%)
Resolution Item No. 6 - Special Resolution
To appoint Rakesh Sharma (DIN: 08262670) as Joint Managing Director effective 1 June 2026.
- Total shares voted: 22,10,72,176 out of 27,94,97,838 (79.0962%)
- Votes in favor: 21,96,64,531 (99.3633%)
- Votes against: 14,07,645 (0.6367%)
Category-wise Voting Breakdown
Detailed voting results are provided for three categories:
1. Promoter and Promoter Group
2. Public - Institutional holders
3. Public - Others (Non-institutions)
Each category shows voting through remote e-voting and voting at AGM separately, with shares held, votes polled, percentage of votes polled, votes in favor, votes against, and respective percentages.
Additional Information
The Company published newspaper advertisements in "Financial Express" (English) and "Kesari" (Marathi) on 26 June 2026.
Voting rights on shares transferred to 'Investor Education and Protection Fund' and 'Unclaimed Suspense Account' were frozen.
Votes cast do not include abstained votes, invalid votes, and less voted.
Document Submission
The disclosure is signed by Rajiv Gandhi, Company Secretary & Compliance Officer (ACS 11263), and countersigned by Niraj Bajaj, Chairman (DIN: 00028261).
The scrutinizer's report is signed by Vaibhav Dandawate, Partner of Makarand M. Joshi & Co. (ACS No.: 51538, CP No.: 27947).
Website Placement
A copy of the voting results has been placed on the Company's website at https://www.bajajauto.com/investors/disclosures and on KFin Technologies Limited's website at https://evoting.kfintech.com.