Rahul Bajaj resigns as Bajaj Auto Chairman, named Chairman Emeritus for 5 yrs

Industrialist Rahul Bajaj has resigned as the Non-Executive Director and Chairman of Bajaj Auto after being at helm of the company since 1972. He has been named Bajaj Auto Chairman Emeritus for five years with effect from May 1, 2021. His cousin Niraj Bajaj, Non-Executive Director of the company, will take over as Chairman from May 1.