Bajaj Auto Limited — Others, 28-03-2025: Shareholders meeting

Bajaj Auto has announced a board meeting to conduct a Postal Ballot, seeking shareholder approval for two key resolutions. The first relates to the re-appointment of Shri Rajivnayan Rahulkumar Bajaj as Managing Director & CEO for another five years starting April 1, 2025, with a proposed monthly salary of ₹97.81 lakh and other perquisites. The second resolution pertains to the re-appointment of Shri Abhinav Bindra as a Non-executive Independent Director for a second five-year term commencing May 20, 2025. This strategic continuity in leadership is likely to be viewed positively by investors, reflecting stability while potentially aiding the company’s ongoing growth and governance efforts.