Rahul Bajaj steps down as Bajaj Auto chairman; Niraj Bajaj to take charge

The Bajaj Group patriarch who has been at the helm of the company for over five decades, will move to the role of chairman emeritus

It’s the end of an era at Bajaj Auto. Effective May 1, Rahul Bajaj, Bajaj Group patriarch who has been at the helm of the company for over five decades, will move to the role of chairman emeritus, making way for his younger sibling Niraj Bajaj.
 
This follows his resignation from the holding company Bajaj Holdings & Investments and listed companies that include Bajaj Auto and Bajaj Finserv, on January 30, 2020. He had been wholetime director and chairman of the automobile-making arm since April 1, 1970.
 
“Rahul Bajaj has resigned as non-executive director and chairman of the