INSUBCONTINENT EXCLUSIVE:
Mr Rahul Bajaj's appointment as non-executive chairman came into effect from April 1HighlightsMr 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 quarterBajaj Auto chairman Mr Rahul Bajaj resigned from the executive role on Thursday, April 29
Mr Rahul Bajaj's appointment as non-executive chairman came into effect from April 1, 2021, and has now stepped down from the role at the
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,'' said Bajaj Auto in its
company for a five-year term starting April 1, 2015.Bajaj Auto said that Mr Rahul Bajaj has made a massive contribution to the company's
growth over the last five decades
approved the appointment of Mr Rahul Bajaj as Chairman Emeritus of the Company for a term of five years with effect from May 1, 2021
This will be taken up at the forthcoming annual meeting for the approval of shareholders
the corresponding quarter last year
On Thursday, Bajaj Auto shares settled 1.44 per cent lower at Rs 3,834.25 apiece on the BSE.
