Shares of leading non-banking financial company Bajaj Finance Ltd slipped on Tuesday, July 22, after managing director Anup Kumar Saha tendered his resignation due to personal reasons.
In a filing with the bourses, the firm noted that the filing said. Significantly, Saha is seen as the potential candidate for IndusInd Bank’s top position of MD and CEO.
“I take this opportunity to thank the Board, the management team, and all stakeholders of the company for their support and trust during my tenure. I remain committed to ensuring a smooth and seamless transition, and I am available to support the company during this period, as may be required,” Saha said in his resignation letter.
Moreover, the company has assigned the additional responsibility of MD to Rajeev Jain and re-designated his position as vice chairman and MD till the remainder of his term that ends on March 31, 2028, the company said.
