Sanjiv Bajaj is the Chairman of Maharashtra Scooters Limited, an Unregistered Core Investment company. He is also the Managing Director & CEO of Bajaj Holdings & Investment Limited.

Sanjiv is also the Chairman and Managing Director of Bajaj Finserv Limited, the holding company of the financial services businesses of the Bajaj Group, one of India’s oldest and largest conglomerates. He is also on the board of his group operating companies as the Chairman of Bajaj Finance Limited, Bajaj Housing Finance Limited, Bajaj Finserv Asset Management Company Limited and the two insurance subsidiaries, i.e., Bajaj Allianz Life Insurance Company Limited and Bajaj Allianz General Insurance Company Limited. He also serves as a non-executive director at Bajaj Auto Limited.

Sanjiv is the President of the Confederation of Indian Industry (CII) for 2022-23. He is a member of the Steering Committee appointed by the Government of India for B20 as part of India’s G20 Presidency FY 2022-23.

Sanjiv is an alumnus of the Harvard Business School, USA. A Member of the Board of the Indian School of Business (ISB), a Member of the International Advisory Board (IAB), Allianz SE and the International Technology Advisory Panel (ITAP) of Monetary Authority of Singapore (MAS) and the Regional Stewardship Board for India and South Asia 2019-2020 of the World Economic Forum. Over the years, he has been lauded with several prestigious honours for his contribution to the financial services space, including:

• • AIMA’s Transformational Business Leader
• • AIMA’s Entrepreneur of the year 2019
• • Economic Times Business Leader of the year 2018
• • Financial Express Best Banker of the year 2017
• • Ernst & Young Entrepreneur of the year in 2017
• • Transformational Leader award at the 5th Asia Business Responsibility Summit in 2017
• • Business World’s Most Valuable CEOs in India for 2015 and 2016

He has a bachelor’s degree in mechanical engineering (first class with distinction) from the University of Pune, a master’s degree in manufacturing systems engineering (with distinction) from the University of Warwick, UK and a master’s degree in business administration (with distinction) from the Harvard Business School, USA. He lives in Pune, Maharashtra, with his wife, Shefali and their two children.

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V. Rajagopalan, Joint Managing Director

V. Rajagopalan, born on 24 April 1956, is President (Legal & Taxation) of Bajaj Finserv Limited since 1 January 2009 and is spearheading the new business initiatives of the Group in the field of financial services. He is a Chartered Accountant by profession. In his present role, he is responsible for acquisitions & structuring initiatives besides treasury, regulatory and legal oversight at the corporate level for the group’s financial services businesses.

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S Ravikumar, Joint Managing Director

Ravikumar Srinivasan has been an integral part of Bajaj Auto Limited (BAL) since 1984, contributing significantly to the company’s growth in various finance and business development roles. With a deep-seated expertise in these areas, he has played a pivotal role in shaping the company’s strategic direction and operational success.

In his current role as Chief Business Development Officer, Ravikumar is responsible for directing major technical and financial partnerships, as well as fostering strategic relationships and overseeing investment initiatives.

Ravikumar is also a valued member of Bajaj Auto’s leadership team and serves on the Forex Committee of BAL and Investment Committee of BAL and BHIL.

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Mayur Patwardhan, Independent Director of the Company

Mayur Patwardhan, aged 62 years, is a Chartered Accountant by qualification and presently a Fellow member of the Institute. He also holds a bachelor’s degree in Law from Pune University. After completion of Articleship, he started his career with one of the reputed firms of Chartered Accountants viz. Dalal & Shah. He joined the firm as Audit Assistant in 1985 and became a Partner in 2002. Later when Dalal & Shah became a network firm of PwC, he became Associate Director. He retired from PwC in August 2017.

Mayur Patwardhan has an experience of about 33 years in handling audits of large manufacturing companies like Bajaj Auto, Bharat Forge, Kalyani Steels, Kirloskar oil Engines etc. to name a few. Besides the above, he has also handled audits of IT companies and service companies.

Also handled various special assignments in relation to due diligences, taxation, amalgamations, merger / demergers etc.

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Jasmine Chaney, Independent Director of the Company

Ms. Jasmine Chaney is a commerce graduate from Sydenham College and master’s in management studies in finance from K.J. Somaiya Institute of Management Studies and Research, Mumbai University. She possesses almost three decades of work experience with CRISIL Limited (now CRISIL Ratings Limited) working on the analytical and business development side.

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Mayur Chokshi, Independent Director of the Company

Mayur Chokshi is a seasoned Chartered Accountant with over 40 years of experience, leading Mayur Chokshi & Co., a Mumbai-based firm that specializes in Indian Accounting Standards (Ind AS / IFRS), turnaround strategies for distressed units, internal control systems, business strategy, mentoring start-ups and accounting optimization primarily serving corporate clients across diverse sectors, including Insurance, NBFCs, ITES, FMCG, Pharmaceuticals, and Telecommunications.

Recently, Mayur Chokshi has been focusing on developing expertise in Artificial Intelligence (AI) and its applications in finance, demonstrating his commitment to staying at the forefront of technological advancements in his field. He has completed several AI-related foundational courses, including applications in MS Excel, Power BI, and AI tools. His paper on AI governance was recognized among the top three at the prestigious All India AI Summit, where he presented to an audience of over 2,500 delegates. His work in AI underscores his commitment to staying at the forefront of technological advancements, which he leverages to advise corporate clients on AI adoption and governance.

He is the founder of Chokshi Charitable Foundation, a Section 8 company that has provided daily meals to over 350,000 underprivileged individuals since its inception in 2021.

Mayur Chokshi’s contributions to the field of accounting and finance are widely recognized. He has conducted over 1,000 training programs and workshops on topics including Information Technology, Cyber Crime, Accounting Standards (Ind AS/IFRS), Financial Strategies, Forensic Accounting, and Fraud Detection, both in India and abroad. His publications include a two-volume book on IFRS-based financial statements and contributions to “Illustrative Ind AS Financial Statements” by the WIRC of ICAI. He has also been an active member of various professional committees and groups, including the Indian Merchants Chambers, Bombay Management Association, and ICAI, focusing on Cyber Crime, Accounting Standards, Information Technology, and business continuity planning. His recent focus on AI and its applications in business marks a new chapter in his extensive career, blending traditional accounting expertise with cutting-edge technology.

Please refer Miscellaneous page under Investors section for Directorship and Full-Time Positions in Body Corporates.