Bajaj Electricals executive chairman Shekhar Bajaj will become a non-executive board member from January.
Change in board position
The move will mark a change in Shekhar Bajaj’s role at Bajaj Electricals, from executive chairman to non-executive member of the company’s board.
His transition is scheduled to take effect in January. The available information does not specify the year or provide further details about the change.
What changes
As a non-executive board member, Bajaj will no longer hold the executive chairman position. The announcement concerns his position within Bajaj Electricals’ board structure.
The company’s broader leadership arrangements and the responsibilities attached to the role were not provided.