The non-executive chairman of the Pune-based two and three-wheeler maker has tendered his resignation which would come into effect from close of business hours on April 30, 2021, Bajaj Auto said in a regulatory filing.
Business magnate Rahul Bajaj has decided to step down as Chairman of Bajaj Finance. He is currently a Non-Executive Chairman of Bajaj Finance.
Bajaj Auto Chairman Rahul Bajaj will step-down from his role as a whole-time director of the company from April. Accordingly, he will be appointed as a non-executive director with the designation continuing as Chairman from April 1, 2020, subject to approval of the shareholders.
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