Bajaj Auto Reappoints Rajiv Bajaj, Invests ₹1,500 Crore in Credit Arm

Bajaj Auto has announced the reappointment of Rajiv Bajaj as Managing Director and CEO for another five-year term, effective April 1, 2025. Alongside this leadership decision, the company has infused ₹1,500 crore into its wholly-owned subsidiary, Bajaj Auto Credit Ltd (BACL), to support its projected asset growth for the financial year 2025-26. The capital injection aims to enhance BACL’s regulatory compliance, capital adequacy, and overall financial stability.

Key Highlights

Rajiv Bajaj’s Reappointment

Bajaj Auto’s Board of Directors has reappointed Rajivnayan Rahulkumar Bajaj as MD & CEO for a five-year term starting April 1, 2025.
The decision awaits shareholder approval.
Rajiv Bajaj has been leading the company since 2005 and is credited with its global expansion in two- and three-wheelers.

Investment in Bajaj Auto Credit Ltd (BACL)

Bajaj Auto announced a ₹1,500 crore investment in BACL.
The capital will be deployed in instalments, potentially as equity capital, preference capital, or subordinated debt.
The investment will help BACL meet regulatory requirements and sustain its capital adequacy.

BACL Financial Performance

BACL was established in December 2021.
As of December 31, 2024, BACL reported assets under management (AUM) of ₹7,048 crore.
Turnover for FY 2023-24 was ₹16.65 crore, and net worth stood at ₹258.23 crore.

Reappointment of Abhinav Bindra

The board also reappointed Olympic gold medallist Abhinav Bindra as a non-executive independent director.
His second five-year term will begin on May 20, 2025, subject to shareholder approval.

Summary/Static	Details
Why in the news?	Bajaj Auto Reappoints Rajiv Bajaj, Invests ₹1,500 Crore in Credit Arm
Reappointment	Rajiv Bajaj reappointed as MD & CEO for five years (April 1, 2025 – 2030)
Investment in BACL	₹1,500 crore infusion for capital adequacy and asset growth
BACL Financials	₹7,048 crore AUM (Dec 2024), ₹16.65 crore turnover (FY 2023-24), ₹258.23 crore net worth
Stock Price	(Mar 19, 2025) ₹7,720 (+1.40%)
Abhinav Bindra	Reappointed as non-executive independent director from May 20, 2025