Bajaj Finance Limited — Others, 08-05-2025: Shareholders meeting

Bajaj Finance has announced a board meeting to seek shareholder approval via postal ballot for appointing Rajeev Jain as Executive Director and Vice Chairman with a fixed monthly salary of around Rs. 1.06 Cr plus variable pay, and re-designating Anup Kumar Saha as Managing Director with a revised fixed salary of Rs. 0.77 Cr per month. The company plans to sub-divide its equity shares from Rs. 2 each into Rs. 1 shares, increase authorised share capital to Rs. 1000 Cr, and propose a bonus issue of 4 shares for every 1 held, reflecting robust growth and enhancing investor participation.