New Delhi: Rahul Bajaj, one of the most successful industrialists, has finally decided to step down as chairman of Bajaj Auto. Rahul Bajaj parked bajaj auto in the two wheeler and three wheeler sector and took it a long way.
In a regulatory notice sent to the stock exchanges, Pune-based two-wheeler and three-wheeler maker Bajaj Auto said that its non-executive chairman has resigned from his post. His resignation will come into effect from the time of completion of work on April 30, 2021. The company has appointed Neeraj Bajaj as the new chairman in place of Rahul Bajaj. He will take charge as chairman of the company from May 1, 2021.
Rahul Bajaj will continue as chairman of the company. He has been appointed as the Chairman of the Company, Amreitus, for five years from May 1, 2021. Tell me, Rahul Bajaj has been looking after the work of non-executive chairman of the company since 1972. He has been associated with bajaj auto group for the last 50 years. The company said in regulatory information that Rahul Bajaj is 83 years old. In view of his advancing age, he has resigned as non-executive director and chairman of the company.