Bajaj Finance : Resignation

29 April 2022

THE MANAGER, BSE LIMITED DCS-CRD PHIROZE :JEE:JEEBHOV TOWERS DALAL STREET, MUMBAI - 400 001	THE MANAGER, LISTING DEPARTMENT NATIONAL STOCK EXCHANGE OF INDIA LTD. EXCHANGE PLAZA, C-1. BLOCK G, BANDRA - KURLA COMPLEX, BANDRA (EAST), MUMBAI - 400 051
SCRIP CODE:500034	SCRIP CODE: BA:JFINANCE - EQ

Dear Sir/Madam.

Sub.: Information pursuant to Regulation 30- SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 (SEBI Listing Regulations)

This is with reference to our letter dated 27 April 2022, wherein the Company has intimated regarding resignation of Dr. Gita Piramal and Shri Ranjan Sanghi as Independent Directors of the Company, with effect from close of business hours on 30 April 2022.

The details as required under schedule Ill - Part A - A(78) read with Regulation 30 of the SEBI Listing Regulations are given in Annexure-A enclosed to this letter.

We request you to kindly take the same on record.

Thanking you.

Your Faithfully,

For Bajaj Finan~e Limited

j- Vj

Co	p	ny Secretary
Ema1	0: [e-mail]

Corporate Office Ext.: 3rd Floor, Panchshil Tech Park, Viman Nagar, Pune - 411014,	Tel: [phone]
Maharashtra, India	Fax: [phone]
Registered Office: Mumbai-Pune Road, Akurdi, Pune - 411035, Maharashtra, India	Corporate ID No.:
L65910MH1987PLC042961

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Im

LEI No : 335800YTEXC3004Z6F68

ANNEXURE-A

Sr. No.

Particulars

1.

The letter of resignation along with detailed reasons for the resignation as given by the said director

Dr. Gita Piramal

Dr. Gita Piramal (DIN: 01080602) has stepped down as Director and Independent Director of the Company due to health reasons.

(Letter of Resignation is enclosed as Annexure B)

Shri Ranjan Sa nghi

Shri Ranjan Sang hi (DIN: 00275842) has stepped down as Director and Independent Director of the Company in view of his age and ill health.

(Letter of Resignation is enclosed as Annexure C)

2

Names of listed entities in which the resigning director holds directorships. indicating the category of directorship and Committee Position-membership of board

Directorship	- Bajaj
Holdings &	Investment
Limited	(Independent
Director)

committees. if any.

1. Audit Committee (Member)

2. Stakeholders Relationship Committee (Chairperson)

3. Nomination & Remuneration Committee (Chairperson)Directorship- NiiCommittee Position- Nil

3

The independent director Dr. Piramal has confirmed shall. along with the that there are no material detailed reasons. also reasons for her no material reasons for provide a confirmation that resignation. other than his resignation. other there is no other material those mentioned in her than those mentioned inreasons other than those resignation letter provided.

Shri Sanghi has confirmed that there arehis resignation letter

Corporate Office Ext.: 3rd Floor, Panchshil Tech Park, Viman Nagar, Pune - 411014,	Tel : [phone]
Maharashtra, India	Fax: [phone]
Registered Office: Mumbai-Pune Road, Akurdi, Pune - 411035, Maharashtra, India	Corporate ID No.:
L6591OMH1987PLC042961

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LEI No: 335800YTEXC3D04Z6F68

ANNEXURE B

Date: 25 April 2022

To,

Board of Directors Bajaj Finance Limited Pune

Dear Sirs

Sub.: Resignation from the position of Independent Director

This is with reference to the captioned subject. On account of my ailing health I wish to reduce my professional commitments gradually. Accordingly, I tender my resignation from the Board of the Company as an Independent Director and Director from close of business hours on 30 April 2022.

I also confirm there are no other material reasons other than that is mentioned above.

I wish to place on record my gratitude and appreciation to my esteemed Board members for their continuous support and guidance.

It was a privilege to serve as a Board member of Bajaj Finance Limited.

Thanking you,

Y~hfull j)u--u . =

0

Gita Piramal

ANNEXURE C

RANJAN SANGHI

21, Mistry Court, 4th floor Dinshaw Vachha Road, Opp: C.C.I. Club, Churchgate, Mumbai 400 020

Office Address

Giri Kunj,

11-C, N.S. Patkar Marg, Near Kemps Corner Flyover Mumbai 400 007 25/04/2022

Board of Directors Bajaj Finance Limited Pachshil Tech Park, Viman Nagar, Pune 411 014

Dear Sirs,

Sub.: Resignation from the position of Independent Director

In view of my age and ill health, I am not in a position to afford my total commitment to my professional duties. Hence, I wish to resign from the Board of the Company as an Independent Director and Director from close of business hours on 30 April 2022.

I also confirm there are no other material reasons other than that is mentioned above.

I take this opportunity to thank my professional colleagues on the Board and their continuous support during my long association as Director.

It was my privilege to seNe as a Board member of Bajaj Finance Limited.

Thanking you,

Yours faithfully,

RANJAN SANGHI Mobile: [phone]

E-maH: [e-mail]