Bajaj Holdings announces demise of promoter Madhur Bajaj

Bajaj Holdings & Investment Limited (BSE: 500490; NSE: BAJAJHLDNG) announced the death of Shri Madhur Bajaj, a Promoter and Non-Executive Director, on April 11, 2025. Mr. Bajaj, holding DIN: 00014593, was associated with the Bajaj Group for over 25 years and served on the boards of several group companies, including Bajaj Finserv Ltd, Bajaj Auto Ltd., Bajaj Finance Ltd., Bajaj Electricals Ltd., and Maharashtra Scooters Ltd. He was Chairman of Maharashtra Scooters Ltd. until July 3, 2019, and Vice-chairman of Bajaj Auto Ltd. until January 24, 2024. The company acknowledged his valuable contributions and guidance. This announcement complies with Regulation 30 of the SEBI Listing Regulations, as per circular SEBI/HO/CFD/P0D-2/CIR/P/0155 dated November 11, 2024.