The shares of Bajaj Finance Limited were trading at ₹8,885.80 up by ₹206.15 or 2.38 per cent in the NSE today at 10.30 am.
Bajaj Finance Limited announced significant leadership changes yesterday, with Rajeev Jain set to be elevated to Vice Chairman while Anup Kumar Saha will take over as Managing Director, effective April 1, 2025.
According to a regulatory filing dated March 20, 2025, the company’s Board of Directors approved these changes based on recommendations from the Nomination and Remuneration Committee. Both appointments are subject to shareholder approval.
Jain, whose current tenure as Managing Director ends on March 31, 2025, will serve as Vice Chairman in an executive capacity for three years. He has been with Bajaj Finance since 2007, initially joining as CEO before becoming Managing Director in 2015.
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Saha, currently serving as Deputy Managing Director, will assume the role of Managing Director for the remainder of his existing term, which runs until March 31, 2028. He joined Bajaj Finance in 2017 and brings 32 years of experience, including 25 years in financial services.
Bajaj Finance, part of the Bajaj Finserv Group, currently serves over 97 million customers across more than 4,200 locations in India.
