Bajaj Finserv Limited has submitted a regulatory intimation to both BSE Limited and National Stock Exchange of India Ltd regarding the non-continuation of a non-executive director on its board.
The disclosure is made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master circular dated 30 January 2026.
Shri Rajiv Bajaj (DIN: 00018262), non-executive director, has informed the Company that due to additional responsibilities at Bajaj Auto Ltd. resulting from the setting up of Bajaj Auto Technology Ltd. and Bajaj Auto Credit Ltd., as well as the recent acquisition of KTM, he desires to reduce his other commitments.
Accordingly, he has expressed his intention to step down from the Board and has not offered himself for re-election at the ensuing annual general meeting scheduled to be held on Friday, 31 July 2026. He will cease to be a Director of the Company upon retirement by rotation at the said AGM.
The Board of Directors took note of the above and placed on record its gratitude and appreciation for the valuable contribution of Shri Rajiv Bajaj during his long association with the Company.
The information was received by the Company on 8 June 2026 at around 12.47 pm, and the formal intimation was submitted on 9 June 2026.
The letter was digitally signed by Uma Omkar Shende, Company Secretary, on behalf of Bajaj Finserv Limited.