Bajaj Finance , one of India's leading non-banking financial companies (NBFCs), is set to release its first quarter results for the period ended June 30, 2025, on July 24. This announcement comes alongside significant changes in the company's top leadership.

Q1 Results and Earnings Call

The Pune-based NBFC has scheduled a Board meeting to approve the unaudited standalone and consolidated financial results for Q1 FY26. Following the meeting, an earnings call is planned for 6:30 p.m. IST on the same day. In line with regulatory requirements, the company has closed its trading window for designated persons from July 1 to July 26.

Leadership Changes

In a surprising turn of events, Bajaj Finance announced the resignation of Mr. Anup Kumar Saha from his positions as Managing Director and Director on the Board, effective from the close of business hours on July 21, 2025. Mr. Saha cited personal reasons for his departure.

Following this development, the Board has re-designated Mr. Rajeev Jain as Vice-Chairman and Managing Director (VC & MD) of the company. Mr. Jain, who previously served as Executive Vice-Chairman, will now assume the additional responsibilities of managing the company. His term in this new role extends until March 31, 2028.

Previous Quarter Performance

In the preceding quarter (Q4 FY25), Bajaj Finance reported robust financial results:

The significant increase in loan losses and provisions highlights the company's cautious approach in an evolving financial landscape.

Stock Performance

Bajaj Finance's stock has shown strong performance recently:

• 2.61% gain over the last five trading sessions
• 37.27% increase over the past year
• 52-week high of Rs 978.80 reached on June 9, 2025

As investors await the Q1 FY26 results, all eyes will be on how the recent leadership changes and the company's financial strategies will impact its performance in the coming quarters.

The upcoming earnings report and the subsequent earnings call on July 24 are expected to provide more insights into Bajaj Finance's performance under its new leadership structure and its strategies for navigating the current financial environment.

Bajaj Finance Limited, one of India's leading non-banking financial companies, has announced a significant leadership change that marks a new chapter in the company's management structure.

Key Leadership Changes

• Anup Kumar Saha has resigned from his position as Managing Director of Bajaj Finance Limited.
• Rajeev Jain has been appointed as the new Vice-Chairman and Managing Director (VC & MD) of the company.

Details of the Transition

The Board of Directors of Bajaj Finance, in a meeting held on July 21, 2025, accepted the resignation of Anup Kumar Saha as the Managing Director and as a member of the Board of Directors. Mr. Saha's resignation, citing personal reasons, will be effective from the close of business hours on July 21, 2025.

In response to this change and to ensure management continuity, the Board has re-designated Rajeev Jain as the Vice-Chairman and Managing Director. This appointment is based on the recommendation of the Nomination and Remuneration Committee of the Company.

Rajeev Jain's New Role

Rajeev Jain, who previously held the position of Executive Vice-Chairman, will now take on expanded responsibilities. In addition to his existing powers and roles, he will be vested with the overall management responsibilities of the company. His term as VC & MD will continue until March 31, 2028, aligning with his current tenure.

Board's Statement

The Board of Directors expressed their appreciation for Anup Kumar Saha's services as Director and Managing Director, wishing him the best for his future endeavors. They also emphasized the importance of continuity in management, which led to the decision to elevate Rajeev Jain to the role of VC & MD.

Regulatory Compliance

This leadership change has been disclosed in compliance with Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has duly informed the stock exchanges about these developments.

Impact on Key Managerial Personnel

As a result of his resignation, Anup Kumar Saha will no longer be considered a Key Managerial Personnel for the purpose of determining materiality of events or information and for making disclosures to stock exchanges under SEBI regulations.

This leadership transition marks a significant moment for Bajaj Finance as it moves forward under the guidance of Rajeev Jain in his new capacity as Vice-Chairman and Managing Director. The company's stakeholders will be keenly watching how this change influences the strategic direction and performance of Bajaj Finance in the coming years.