Niraj Bajaj to take over as Chairman of Bajaj Auto
April 29, 2021
Niraj Bajaj×
Rahul Bajaj made Chairman Emeritus of the company for a term of five years with effect from May 1
Bajaj Auto on Thursday said that Rahul Bajaj will be stepping down as the Non-Executive Director and Chairman of the company with effect from the close of business hours on April 30, 2021.
In place of Rahul Bajaj, the outgoing chairman of the company, Niraj Bajaj, Non-Executive Director of the Company has been appointed as Chairman of Bajaj Auto with effect from May 1, 2021, the company said in a regulatory filing.
“Rahul Bajaj, Non-executive Chairman, having been at the helm of the company since 1972 and the Group for five decades, considering his age, has tendered his resignation as non-executive director and Chairman of the Company with effect from close of business hours on 30 April 2021,” the filing said.