Bajaj Global Limited Appoints Akshay Ranka as Additional Non-Executive Director

1 min read     Updated on 06 Feb 2026, 03:49 PM
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Reviewed by
Radhika SScanX News Team
Overview

Bajaj Global Limited appointed Shri Akshay Ranka as Additional Non-Executive Director on February 06, 2026, following Board approval based on the Nomination & Remuneration Committee's recommendation. Ranka brings extensive experience in finance, accounting, taxation, and corporate compliances. The appointment is effective until the next Annual General Meeting and requires shareholder approval.

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*this image is generated using AI for illustrative purposes only.

Bajaj Global Limited has announced the appointment of Shri Akshay Ranka as Additional Non-Executive Director, effective February 06, 2026. The decision was approved by the Board of Directors during their meeting held on the same date, based on the recommendation of the Nomination & Remuneration Committee.

Board Meeting Details

The Board meeting commenced at 02:30 PM (IST) and concluded at 03:00 PM (IST) on February 06, 2026. The appointment was made pursuant to Regulation 30 read with Schedule III of SEBI (LODR) Regulations, 2015, with the company fulfilling its disclosure obligations to BSE Limited.

Director Profile and Appointment Terms

Parameter: Details
Name: Shri Akshay Ranka
DIN: 00235788
Position: Additional Non-Executive Director
Appointment Date: February 06, 2026
Tenure: Until ensuing Annual General Meeting
Shareholding: NIL

Shri Akshay Ranka brings rich experience in the field of finance, accounting, taxation, and corporate compliances to the Board. He has been actively involved in various business and financial functions over the years, adding valuable expertise to the company's governance structure.

Regulatory Compliance

The appointment is subject to further approval of shareholders at the upcoming Annual General Meeting. As per BSE circular requirements, the company has confirmed that Shri Akshay Ranka is not debarred from holding the office of director by virtue of any SEBI order or any other regulatory authority.

Key Highlights

  • No Related Party Transactions: The appointee has no relationships with other directors
  • Clean Regulatory Record: Not debarred by SEBI or other authorities
  • Zero Shareholding: Holds no equity stake in the company
  • Committee Recommendation: Appointment backed by Nomination & Remuneration Committee

The appointment reflects the company's commitment to strengthening its Board composition with experienced professionals in key functional areas.

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Bajaj Global Limited Reports Marginal Profit Growth in H1 FY2026

2 min read     Updated on 04 Nov 2025, 03:51 PM
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Reviewed by
Riya DScanX News Team
Overview

Bajaj Global Limited, a financing company, reported a slight increase in net profit for H1 FY2026. Net profit rose by 2.08% to ₹13.72 lakh from ₹13.44 lakh in H1 FY2025. Total revenue for H1 FY2026 was ₹71.93 lakh. Total assets decreased by 12.76% to ₹3,405.91 lakh compared to March 31, 2025. Cash and cash equivalents increased marginally by 0.99% to ₹365.45 lakh. The company operates as a single reportable segment in the financing business.

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*this image is generated using AI for illustrative purposes only.

Bajaj Global Limited , a financing company, has reported a slight increase in net profit for the first half of the fiscal year 2026. The company's unaudited financial results, approved by its Board of Directors, show modest growth amid a challenging economic environment.

Financial Highlights

Particulars H1 FY2026 H1 FY2025 % Change
Net Profit ₹13.72 ₹13.44 +2.08%
Total Revenue ₹71.93 Not Available N/A
Total Assets ₹3,405.91 ₹3,904.04* -12.76%
Cash and Cash Equivalents ₹365.45 ₹361.88* +0.99%

*Compared to March 31, 2025

(All figures in lakh)

Key Takeaways

  • Profit Growth: Bajaj Global Limited reported a net profit of ₹13.72 lakh for the half-year ended September 30, 2025, compared to ₹13.44 lakh in the corresponding period of the previous year, marking a modest increase of 2.08%.

  • Revenue: The company's total revenue for the half-year stood at ₹71.93 lakh. A year-on-year comparison is not available in the provided data.

  • Asset Base: Total assets decreased to ₹3,405.91 lakh as of September 30, 2025, from ₹3,904.04 lakh on March 31, 2025, indicating a reduction of 12.76% over the six-month period.

  • Liquidity Position: Cash and cash equivalents saw a slight improvement, increasing to ₹365.45 lakh from ₹361.88 lakh as of March 31, 2025, suggesting a stable liquidity position.

Business Focus

Bajaj Global Limited primarily operates in the financing business and is considered a single reportable segment under Indian Accounting Standards. The company's focus on this core area may contribute to its steady, albeit modest, financial performance.

Compliance and Reporting

The financial results were reviewed by the Audit Committee and prepared in accordance with Indian Accounting Standards. This adherence to regulatory standards underscores the company's commitment to transparent financial reporting.

Market Implications

While the company has maintained profitability, the decrease in total assets may warrant attention from investors and analysts. The marginal increase in cash and cash equivalents could be seen as a positive sign, potentially indicating prudent cash management in a challenging economic climate.

Investors and stakeholders may want to monitor Bajaj Global Limited's performance in the coming quarters to assess whether the company can accelerate its profit growth and reverse the trend of declining assets.

As the financing sector continues to evolve, Bajaj Global Limited's ability to adapt to market conditions and capitalize on opportunities within its core business will be crucial for its future growth and stability.

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