Market Performance: Bajaj Finance Share Price Today
Bajaj Finance share price remained in focus on Tuesday, July 22, following the sudden resignation of its recently appointed MD & CEO.
- The stock closed 0.6% higher at ₹948 on Monday.
- Over the past one month, Bajaj Finance share price has risen by 3.5%.
The recent leadership change has sparked fresh interest in the stock, as investors react to the unexpected management transition.
Main News: MD & CEO Anup Saha Steps Down
On Monday evening, Bajaj Finance confirmed that Anup Saha, who was serving as the Managing Director and CEO, has stepped down with immediate effect, citing personal reasons.
Saha had assumed the role just four months ago, effective from April 1, 2025. He had been part of the company since 2017 and had risen through the ranks before becoming the MD & CEO.
This abrupt change has drawn market attention, given the leadership significance in a large NBFC like Bajaj Finance.
Company Details: Rajeev Jain Returns as VC & MD
Following the resignation, Rajeev Jain, the Executive Vice Chairman, will return to his previous position as Vice Chairman & Managing Director.
- Jain’s term will continue till March 31, 2028.
- This will mark his fourth term as the head of Bajaj Finance.
Jain’s continued leadership is seen as a stabilizing factor during this transition. With years of experience at the helm, his return is likely to reassure stakeholders and support business continuity.
Summary of the Article
The Bajaj Finance share price gained momentum after the unexpected exit of MD & CEO Anup Saha, who served less than four months in the role.
The company swiftly reinstated Rajeev Jain as VC & MD, ensuring a smooth leadership transition. Jain, a seasoned executive, will hold the position until 2028.
The stock remains under investor watch, especially given the recent developments and ongoing leadership reshuffle. Bajaj Finance share price could continue to witness movement in the near term as the company navigates through this sudden shift at the top.
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