Bajaj Auto Limited announced that Shri Rahul Bajaj, Non-executive Chairman of the company, having been at the helm of the company since 1972 and the Group for five decades, considering his age, has tendered his resignation as non-executive director and Chairman of the Company with effect from close of business hours on April 30, 2021. In place of Shri Rahul Bajaj, the outgoing Chairman of the company, Shri Niraj Bajaj, Non- executive Director of the company has been appointed as Chairman of the company with effect from May 1, 2021.