
News Topical, Digital Desk : Bajaj Finance Ltd has informed after the stock market closed on Monday that the company's Managing Director (MD) Anup Kumar Saha has resigned from his post. Along with this, the company has also announced that the current MD and CEO Rajiv Jain has now been re-appointed as Vice-Chairman and Managing Director (Vice-Chairman & MD). The company has informed the stock exchange about this change and said that this decision will be effective after the approval of the board.
The company said, "Anup Kumar Saha has resigned from the post of Managing Director of the company and Director on the Board of the company due to personal reasons. Saha's resignation will be considered effective from the end of business hours on 21 July 2025." Anup Saha joined Bajaj Finance in 2017. According to the company, he has an impressive work experience of 32 years. He has worked for 25 years in the financial services industry, out of which 14 years have been spent in the banking sector and 11 years with non-banking institutions (NBFCs).
What did MD Anup Saha say in the resignation? He has written a letter to the board of the company and resigned from his post due to personal reasons. He also clarified that his resignation should be considered effective from the end of business hours on 21 July 2025. In his letter, Anup Saha has also said that he is resigning not only from the MD of the company, but also from the member of the board of the company and all the board committees of which he is a part. All these resignations will be effective from the same day his resignation from the post of Managing Director comes into effect.
Stock Performance On Monday, the company's stock closed at Rs 948.00 with a rise of 0.64 per cent. In the last one year, the company's stock has seen a rise of 37.70 per cent.
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