Bajaj Auto has made significant moves in leadership and investment as it gears up for future growth. On March 18, 2025, the company announced the reappointment of Rajiv Bajaj as Managing Director and Chief Executive Officer for an additional five-year term, commencing on April 1, 2025. Alongside him, Abhinav Bindra, a celebrated Olympic champion, will continue as a non-executive independent director for another five-year stint starting May 20, 2025.

Leadership Reinforcement at Bajaj Auto

In a regulatory update to stock exchanges, Bajaj Auto revealed that the board approved the reappointments based on recommendations from the Nomination and Remuneration Committee. Rajiv’s current term is set to conclude on March 31, 2025, while Bindra’s term ends on May 19, 2025.

• Rajiv Bajaj has been a pivotal figure at Bajaj Auto since he joined in 1990. With a degree in Mechanical Engineering from the College of Engineering Pune and a Master’s from the University of Warwick, he has held various roles across the company, including Manufacturing, R&D, and Sales.
• Abhinav Bindra, the first Indian to secure an individual Olympic gold in shooting, has earned multiple accolades for his contributions to sports, including the Padma Bhushan.

Strategic Investments for Growth

Bajaj Auto is also intensifying its strategic initiatives by approving a substantial fund infusion of up to ₹1,500 crore into its wholly-owned subsidiary, Bajaj Auto Credit Ltd (BACL). This investment is aimed at strengthening BACL’s capital adequacy and facilitating its growth trajectory over the upcoming fiscal year.

• The funding will be allocated through equity capital, preference capital, or subordinated debt, executed in one or more phases throughout FY 2025-26.
• BACL, which became operational on January 1, 2024, acts as a non-banking financial company (NBFC) that provides financing for vehicles produced by Bajaj Auto and its subsidiaries.

BACL’s Growth Potential

The anticipated capital injection into BACL is expected to significantly enhance its Assets Under Management (AUM), which stood at ₹7,048 crore as of December 2024. The company has plans for aggressive expansion in FY 2025-26, having just completed its national rollout.

Bajaj Auto’s shares reflect a robust performance, rising by 1.62% to close at ₹7,605.95 on the BSE, reflecting a market capitalization of ₹2,12,401.94 crore. Despite a 13% decline year-to-date, the company’s strategic reappointments and investments signal a strong commitment to future growth and stability.

As Bajaj Auto continues to solidify its leadership and invest in its financial services arm, the auto giant appears well-positioned to navigate the evolving automotive landscape and capitalize on emerging opportunities.