Highlights
Niraj Bajaj has been appointed as the non-executive Director of the company.
Alongside the big announcement, Bajaj Auto also released its earnings for Q4 FY21 on Thursday.
On Thursday, Bajaj Auto announced that Rahul Bajaj will be stepping down from his role as the company’s Non-Executive Director and Chairman with effect from the close of business hours on April 30, 2021.
Bajaj has announced that Rahul will become the Chairman Emeritus of the company for five years after he resigned as its Non-Executive Chairman. Meanwhile, Niraj Bajaj will sit at the helm of the company with effect from May 1, as the non-executive Director of the company.