Rajiv Bajaj will step down from the board of Bajaj Finance upon completion of his current term, the company said in a regulatory filing.
Bajaj, who serves as Managing Director of Bajaj Auto, has decided not to seek reappointment as a Non-Executive Director at the upcoming annual general meeting.
According to the filing dated 29 April 2026, he will cease to be a board member following the conclusion of the AGM scheduled for 30 July 2026, after business hours.
The company did not cite a specific reason for his decision, stating it was linked to the completion of his tenure, and acknowledged his contributions during his time on the board.
