Bajaj Finance Limited Announces Reshuffle, Adds Independent Director
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Bajaj Finance Limited announced a board reshuffle, with Rajiv Bajaj stepping down and Pramit Shashikant Jhaveri joining as an independent director.
- Rajiv Bajaj resigns as a Non‑Executive Director and will not stand for re‑election at the AGM on 30 July 2026.
- Mr. Pramit Shashikant Jhaveri appointed as Non‑Executive Independent Director for a 60‑month term, effective 1 August 2026.
- Changes approved in the board meeting held on 29 April 2026 and filed in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- Governance impact: adds board independence with no immediate financial or operational risk; analysts rate the move 6 / 10 (moderately positive).
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