Bajaj Finance names new managing director, declares INR44 dividend

Bajaj Finance Limited announced the resignation of Anup Saha as managing director and director, effective July 21, 2025. The Board re-designated Rajeev Jain as vice-chairman and managing director, vesting him with operating responsibilities.

Shareholders approved a dividend of INR 44 per equity share for the fiscal year ended March 31, 2025.

The company also received approval for material related party transactions with Bajaj Housing Finance Limited and Bajaj Allianz Life Insurance Company Limited, and modifications to its Employee Stock Option Scheme allowing the ESOP Trust to acquire equity shares from the secondary market.