Rahul Bajaj determined to step down as director

by Jeremy Spirogis
Netflix made more movies than any other studio

Highlights:

  • Rahul Bajaj determined to step down as director

  • Rahul Bajaj's time period will finish on 31 March 2020

  • After this resolution, the corporate will deal with the post of non-executive director

  • Voluntary resolution taken at age 75

Raj Express Rahul Bajaj, who has been holding the place of director within the well-known outdated firm Bajaj Auto, has determined to stop his govt chairman on the age of 75. However, his time period of workplace was to finish on March 31 of 2020, the identical yr. <! –

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                 After his resolution, he’ll get the post of non-executive director within the firm. After coming to this post, Rahul Bajaj will be unable to straight change any resolution taken by the Bajaj Group. This data was given by Bajaj Company on Thursday solely.

Working hours of Rahul Bajaj:

Rahul Bajaj was appointed by the board in April 2015 to the post of Executive Chairman (Director). He was appointed for a 5-year time period. His tenure was to be from then till 31 March 2020, however he took the choice to go away his post earlier than the time was over. According to the knowledge acquired by the corporate, they’ve taken this resolution on account of some commitments. He joined the Bajaj Company within the yr 1965. Under his supervision, the turnover of Bajaj Hagarup had elevated from 7.2 crore to 12 thousand crore. Not solely this, beneath his supervision, this firm turned the main firm of scooter promoting nation.

In 2005, he was given the duty of his son:

Rahul Bajaj handed over the duty of the Bajaj Company to his son Rajiv within the yr 2005 and since then the corporate is managing director Rajiv Bajaj, since then the demand for the product of the corporate shouldn’t be massive within the home market of cable car business in addition to the corporate. The firm additionally earned the title Nakhub within the worldwide market via its merchandise.

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