Rahul Bajaj Steps Down As Chairman Of Bajaj Auto

Mr Rahul Bajaj, considering his age, tendered his resignation as non-executive Director and Chairman of the company, said Bajaj Auto in a regulatory filing today

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 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 end of the current term. (Also Read: Bajaj Auto Chairman Rahul Bajaj To Step Down From Executive Role )