Bajaj Finance Limited announced the resignation of Dr. Gita Piramal as Director and Independent Director with effect from close of business hours on April 30, 2022 April 2022 due to the health reasons. Consequently, she shall also cease to be a Chairperson and member of the Stakeholders Relationship Committee of the board of directors of the Company. Shri Ranjan Sanghi has tendered his resignation as Director and Independent Director of the Company with effect from close of business hours on 30 April 2022 in view of his age and ill health.

Consequently, he shall also cease to be a member of the Stakeholders Relationship Committee and Nomination & Remuneration Committee of the board of directors of the Company. The Board of Directors has approved the appointment Ms. Radhika Haribhakti as an Additional Director and Independent Director of the Company with effect from 1 May 2022 for a period of 5 (five) years subject to the approval of the members.