BusinessRahul Bajaj Steps Down As Chairman Of Bajaj Auto
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Rahul Bajaj Steps Down As Chairman Of Bajaj Auto
Mr Rahul Bajaj has been the director of the company since April 1, 1970
Mr Niraj Bajaj will replace him as Chairman, with effect from May 1
Bajaj Auto reported a net profit of ₹ 1,551.28 crore in March quarter
Mr Rahul Bajaj's appointment as non-executive chairman came into effect from April 1
Bajaj Auto chairman Mr Rahul Bajaj resigned from the executive role on Thursday, April 29. Mr Niraj Bajaj, Nonexecutive Director of the Company will be appointed as the Chairman of Bajaj Auto, with effect from May 1, 2021, replacing Mr Rahul Bajaj. According to a regulatory filing by the auto major to the BSE today, Mr Rahul Bajaj, considering his age, tendered his resignation as non-executive Director and Chairman of the company. Mr...