Bajaj Corp. Limited has announced that Mr. V C Nagori ceased to be the C.F.O and Key Managerial Personnel of the Company with effect from the closing hours of January 23, 2017 on attaining the age of superannuation. The company also announced that the board of the company on recommendation of the nomination and remuneration committee, appointed Mr. D.K. Maloo – vice president (Finance) as C.F.O and Key Managerial Personnel of the company with effect from January 24, 2017.