Key Resolution Details

  • Special Resolution for appointment of Ms. Pallavi Joshi Bakhru (DIN: 01526618) as Non-executive Independent Director
  • Proposed term: Five consecutive years from 1 January 2027 to 31 December 2031
  • Resolution type: Special Resolution requiring shareholder approval

Dates and Timeline

  • Notice date: 27 October 2026
  • Dispatch date: 6 November 2026
  • Cut-off date for shareholder eligibility: 30 October 2026 (end of day)
  • E-voting period: 7 November 2026 (9:00 AM IST) to 6 December 2026 (5:00 PM IST)
  • Results declaration: On or before 8 December 2026
  • Resolution deemed passed: 6 December 2026 (subject to requisite votes)

Service Providers

  • Registrar and Share Transfer Agent: KFin Technologies Limited
  • E-voting service provider: KFin Technologies Limited
  • Scrutinizer: Shri Vaibhav Dandawate (ACS No. 51538, CP No. 27947) of Makarand M. Joshi & Co., with Ms. Deepti Kulkarni (ACS No. 34733, CP No. 22502) as alternate

Director Profile and Qualifications

Ms. Pallavi Joshi Bakhru

  • Age: 59 years
  • Qualifications: Fellow Member of the Institute of Chartered Accountants of India, Member of Indian Institute of Corporate Affairs
  • Experience: Over 30 years in corporate tax, litigation, international arbitration, tax structuring, and regulatory matters (FEMA)
  • Current role: Leads Family Office and Private Client Services at Grant Thornton Bharat
  • Previous role: Head of Tax at a $15 billion natural resources group
  • Sector expertise: Natural resources, consumer and retail, aviation, manufacturing, life sciences & healthcare, education

Current Directorships (as of notice date)

1. Grant Thornton Advisory Private Limited

2. Gabriel India Limited

3. Neuland Laboratories Limited

4. Tenon Facility Management India Private Limited

5. Lifenity Health Limited

6. Trinity Enterprises International Limited

7. CSC Healthcare & Wellness Services Limited

Committee Positions

Neuland Laboratories Limited:

  • Chairperson: Stakeholders' Relationship Committee
  • Member: Audit Committee, Nomination and Remuneration Committee, Corporate Social Responsibility Committee

Gabriel India Limited:

  • Chairperson: Audit Committee, Risk Management Committee
  • Member: Corporate Social Responsibility Committee

Recent Resignations (past three years)

  • Vedanta Ltd.
  • Hindustan Zinc Ltd.
  • Filatex India Ltd.

Shareholding and Relationships

  • Shareholding in Bajaj Auto: Nil (as of notice date)
  • Not related to any Directors or Key Managerial Personnel of the Company

Remuneration Terms

  • Eligible for sitting fees and commission as payable to other Non-executive Directors
  • Specific remuneration amounts not quantified in the disclosure

Document Availability

  • Notice available on company website: https://www.bajajauto.com/investors/disclosures
  • Draft appointment letter available for inspection at: https://www.bajajauto.com/investors/miscellaneous
  • Documents also available on KFin website: https://evoting.kfintech.com and stock exchange websites

Voting Process

  • Electronic voting only (no physical ballot forms)
  • Individual demat holders can vote through NSDL/CDSL platforms using single login credentials
  • Other shareholders (physical holders, corporates) must use KFin's evoting platform with provided credentials
  • Corporate/institutional members must submit board resolution/authority letter to scrutinizer

Financial Impact

Financial impact not quantified in the disclosure. Remuneration will be determined by the Board within prescribed limits.