Event Details

Bajaj Finance Limited held its 39th Annual General Meeting (e-AGM) on 30 July 2026 at 3:30 p.m. through Video Conferencing/Other Audio-Visual Means. The meeting was conducted in compliance with circulars issued by the Ministry of Corporate Affairs and SEBI.

Meeting Attendance and Leadership

  • Sanjiv Bajaj, Chairman of the Company, chaired the meeting
  • 1612 members attended the meeting through VC/OAVM
  • The meeting had requisite quorum present
  • Rajiv Bajaj was unable to attend due to other pre-commitments
  • Sandeep Jain, Chief Financial Officer & Chief Operating Officer, was unable to attend due to bereavement in family

Business Proceedings

The Chairman delivered a formal address briefing members on:

  • Overview and highlights of company performance during FY2026
  • First quarter performance of FY2027
  • Various CSR initiatives taken by the Company and the group

Rajeev Jain, Vice Chairman and Managing Director, made a presentation on:

  • Business performance
  • Financial highlights
  • Company insights

The presentation is hosted on the company's website.

Resolutions Considered

Ordinary Business:

1. Adoption of standalone and consolidated financial statements for financial year ended 31 March 2026, together with Directors' and Auditors' Reports

2. Declaration of dividend of ₹6 per equity share on face value of Re. 1 for financial year ended 31 March 2026

3. Taking note of retirement of Rajiv Bajaj (DIN: 00018262), Director, who retires by rotation and expressed intention not to seek re-appointment

Special Business:

4. Change in status of Sanjiv Bajaj (DIN: 00014615) from director not liable to retire by rotation to director liable to retire by rotation

5. Re-appointment of Pramit Jhaveri (DIN: 00186137) as Independent Director for second term of five consecutive years effective 1 August 2026

6. Approval of Material Related Party Transactions between the Company and Bajaj Housing Finance Limited (BHFL)

7. Increase in the borrowing powers of the Company

8. Creation of charge/security on Company's assets with respect to borrowing

9. Issue of non-convertible debentures through private placement

Voting and Documentation

  • Facility for remote e-voting was provided to members
  • Two-way video conferencing facility was available through KFin Technologies Limited's website
  • Necessary documents and registers were available for electronic inspection
  • Statutory Auditors' Report and Secretarial Auditor's Report for FY2026 contained no adverse remarks, qualifications, or disclaimers

Special Notes

  • Rajiv Bajaj expressed desire to retire as Non-Executive Director due to increased professional commitments at Bajaj Auto Limited
  • For Resolution No. 4, Dr. Naushad Forbes conducted proceedings as Sanjiv Bajaj was interested
  • Members registered as speakers posed queries and sought clarifications, which were addressed by Rajeev Jain

Meeting Timeline

  • Commenced: 3:30 p.m.
  • Concluded: 5:41 p.m. (including time allowed for e-voting at e-AGM)
  • Total duration: 2 hours 11 minutes

Post-Meeting Actions

  • E-voting results along with consolidated Scrutiniser's Report to be declared and filed with exchanges within two working days
  • Results will be placed on company website and KFin's website
  • Recorded transcript will be made available on company website