Bajaj Global Board Welcomes New Independent Director, Dr. Sharma Steps Down

Nagpur, March 30, 2026 – Bajaj Global Limited announced changes to its Board of Directors today.

Mrs. Shweta Jejani has been appointed as an Additional Non-Executive Independent Director, while Dr. Mahendra Kumar Sharma concludes his term. Dr. Sharma ceases to be a Non-Executive Independent Director effective March 30, 2026.

Mrs. Jejani's appointment is effective immediately but requires shareholder approval.

New Expertise Joins Board

Independent directors are vital for corporate governance, offering oversight and strategic guidance. Mrs. Jejani, a Chartered Accountant with experience in financial management, is expected to enhance the board's capabilities.

Company & Director Background

Bajaj Global Limited, established in 1985, is a Non-Banking Financial Company (NBFC) focused on financing and lending. Dr. Mahendra Kumar Sharma had served as a director for over two decades, from October 23, 2000, to March 30, 2026.

The company operates under regulations from the RBI and SEBI.

Key Changes

The board composition now includes Mrs. Jejani and sees the departure of a long-serving director. Mrs. Jejani's financial management experience will contribute to board discussions.

The company is now tasked with securing shareholder ratification for Mrs. Jejani's appointment.

Shareholder Approval Needed

The primary near-term focus is the upcoming shareholder vote to confirm Mrs. Jejani's position on the board.

Industry Governance

NBFC boards typically include professionals with expertise in finance, accounting, and law to ensure strong governance. Industry trends favor directors with relevant domain knowledge.

What's Next

Investors will monitor the outcome of the shareholder approval process for Mrs. Jejani.

Future board meeting announcements will also be watched for further governance or strategic updates.