Bajaj Global Limited announced a significant change in its leadership team as Shilpi Biswas steps down from her multiple key positions within the company. The resignation, effective August 1, 2025, marks the end of Biswas's tenure as Company Secretary, Compliance Officer, and Chief Financial Officer.

Resignation Details

Shilpi Biswas, who holds the ACS qualification with membership number 40141, conveyed her decision to resign due to personal reasons. The company's board of directors has accepted her resignation, which aims to facilitate a smooth transition.

Company's Response

In a regulatory filing to the BSE, Bajaj Global Limited stated:

"Pursuant to Regulation 30 read with Schedule III of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform the Exchanges that Shilpi Biswas (ACS 40141) has conveyed her decision to resign from the post of Company Secretary, Compliance Officer and Chief Financial Officer of the Company, due to her personal reasons with effect from 01st August 2025 to facilitate smooth transition."

Impact and Next Steps

The departure of Shilpi Biswas from these crucial roles may present both challenges and opportunities for Bajaj Global Limited. As the company navigates this transition, it will need to ensure continuity in its financial management, compliance procedures, and corporate secretarial functions.

The company has not yet announced a successor for these positions. Stakeholders and investors will likely be watching closely to see how Bajaj Global Limited manages this leadership change and maintains its operational efficiency during this transition period.

Financial Performance

Coinciding with this announcement, Bajaj Global Limited also released its unaudited financial results for the quarter ended June 30, 2025. The company reported:

The financial results show a slight decrease in net profit compared to the same quarter last year, which the company will need to address as it moves forward with its new leadership structure.

As Bajaj Global Limited navigates this transition, the market will be keenly observing how the company maintains its operational efficiency and addresses the challenges that may arise from these key leadership changes.

Bajaj Global Limited , a company primarily engaged in financing and investing activities, has announced its unaudited financial results for the first quarter of the fiscal year 2026, along with a significant change in its leadership team.

Financial Performance

The company reported impressive financial results for the quarter ended June 30, 2025:

Bajaj Global Limited demonstrated strong financial performance, with a total income of ₹60.47 lakhs for the quarter. The company's revenue from operations stood at ₹48.21 lakhs, while it managed to keep its total expenses low at ₹5.80 lakhs. This efficient cost management contributed to a substantial net profit after tax of ₹564.61 lakhs.

The earnings per share (EPS) for the quarter was reported at ₹3.72, indicating robust profitability for shareholders.

Leadership Change

In a significant development, the Board of Directors has accepted the resignation of Mrs. Shilpi Biswas from her positions as Company Secretary, Compliance Officer, and Chief Financial Officer. Her resignation will be effective from August 1, 2025. This change in the leadership team comes at a time when the company is showing strong financial performance.

Board Meeting and Approvals

The company's Board of Directors convened a meeting on August 1, 2025, at the registered office in Nagpur. The meeting, which lasted from 2:30 PM to 3:00 PM, saw the board approve the unaudited financial results for the quarter ended June 30, 2025, along with the Limited Review Report.

Auditor's Review

VMSS & Associates, Chartered Accountants, conducted an independent review of the quarterly unaudited standalone financial results. Their review, performed in accordance with the Standard on Review Engagement (SRE) 2410, found no material misstatements in the financial results prepared as per the applicable accounting standards under section 133 of the Companies Act, 2013.

Bajaj Global Limited's strong quarterly results, coupled with the leadership change, mark an important juncture for the company as it moves forward in the financial year 2026. Investors and stakeholders will likely be watching closely to see how these developments impact the company's future performance and strategic direction in the financing and investing sector.