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Management change

Bajaj Finserv President Ramaswamy P. Subramaniam retires

Bajaj Finserv (BAJAJFINSV) said Ramaswamy P. The company is valued at about ₹2.77 lakh crore.

BCEIE News Desk · Published 30 Sept 2026, 07:31 pm IST · Filing received 30 Sept 2026, 07:15 pm IST

What happened

Bajaj Finserv (BAJAJFINSV) told the exchanges on 30 September 2026 at 07:15 PM that Ramaswamy P. Subramaniam, President, has retired.

Company snapshot

Bajaj Finserv is a large-cap company in the Financial Services sector, with a market value of about ₹2.77 lakh crore.

The stock last traded at ₹1,731, against a 52-week range of ₹1,597–₹2,195 (21.1% below the high).

Before this filing the shares had moved −12.5% over the month and −2.5% over three months. Average daily turnover over the last 20 sessions was about ₹120 crore.

Promoters held 58.71% at the end of Q1 FY27; 0.01% of promoter shares were pledged. Foreign institutions owned 6.91% and domestic institutions 12.10%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY2635,4392,789.117.5
Q2 FY2637,4032,244.114.1
Q3 FY2639,7082,229.214
Q4 FY2638,4942,538.715.9
Q1 FY2742,0373,132.419.6

What history shows

This is not the company's first management change disclosure: BCEIE has 1 earlier filing of this kind on record since May 2026.

Across 300 similar disclosures by other Financial Services companies, shares moved −0.0% on average the next day and −0.2% over five days; 50% of them rose the next day.

Market-wide, 3,837 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.

Past reactions describe what happened before; they are not a forecast.

What to watch

  • The appointment of a successor and any change in strategy or guidance.

In the news

Recent coverage elsewhere (links open the original publisher):

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.