Section A – KMP Resignation Details
- Name of Resigning KMP: Mr. Amit Raghuvanshi
- Designation: President – Cars, Two-Wheeler & Sales Finance
- Reason for Resignation: Personal resignation (not specified in detail)
- Effective Date of Resignation: Close of business hours on 11 August 2026
- Date of Resignation Letter: 11 August 2026
- Duration in Role: Not Specified
- Board's Acknowledgment / Statement: Not Specified
- Replacement Appointed: Not Specified
- Regulatory Compliance Statement: Disclosure made under Regulation 30 read with Part A, Para A of Schedule Ill of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30 January 2026
- Delay in Disclosure: No delay indicated - resignation disclosed on same day (11 August 2026)
Analytical Add-On: The resignation affects operational continuity in the cars, two-wheeler and sales finance segments, which represent significant lending portfolios for Bajaj Finance. The resignation appears routine and planned, given the professional tone of the resignation letter and immediate regulatory compliance. The individual had completed nearly 18 years of service with the company, suggesting a planned departure rather than abrupt exit.
Section B – Additional Observations or Disclosures
- Transition & Internal Role Reallocations: No information provided about interim arrangements or internal reallocations of responsibilities.
- Successor Appointments: No announcement of replacement or successor for the President – Cars, Two-Wheeler & Sales Finance position.
Section C – Financial & Governance Disclosures
Not applicable - no financial results, auditor reports, dividends, capital changes, or additional board appointments disclosed in this filing.