Bajaj Auto has introduced the appointment of Neeraj Bajaj as its new Chairman of the Board with impact from May 1, 2021. The automaker has additionally introduced Rahul Bajaj as its Chairman Emeritus. This might be taken up on the ensuing annual normal assembly for the approval of the shareholders.
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Rahul Bajaj, Non-executive Chairman of the Company, having been on the helm of the Company since 1972 and the Group for 5 a long time, contemplating his age, has tendered his resignation as a non-executive director and Chairman of the Company with impact from shut of enterprise hours on 30 April 2021.
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