{"id":38,"date":"2026-05-13T05:24:59","date_gmt":"2026-05-13T05:24:59","guid":{"rendered":"https:\/\/investors.bajajauto.com\/ar26\/?page_id=38"},"modified":"2026-06-24T07:48:54","modified_gmt":"2026-06-24T07:48:54","slug":"corporate-governance","status":"publish","type":"page","link":"https:\/\/investors.bajajauto.com\/ar26\/corporate-governance\/","title":{"rendered":"Corporate Governance"},"content":{"rendered":"\n\n\t
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\n\t\t\n\t\t\t\t\t\t\n\t\t\t\tBoard of Directors\t\t\t<\/span>\n\t\t<\/a>\n\t<\/div>\n\t\n\n\t
\n\t\t\n\t\t\t\t\t\t\n\t\t\t\tChairman's Letter\t\t\t<\/span>\n\t\t<\/a>\n\t<\/div>\n\t\n\n\t
\n\t\t\n\t\t\t\t\t\t\n\t\t\t\tManagement Team\t\t\t<\/span>\n\t\t<\/a>\n\t<\/div>\n\t\n\n\t
\n\t\t\n\t\t\t\t\t\t\n\t\t\t\tManagement Discussion & Analysis\t\t\t<\/span>\n\t\t<\/a>\n\t<\/div>\n\t\n\n\t
\n\t\t\n\t\t\t\t\t\t\n\t\t\t\tDirector's Report\t\t\t<\/span>\n\t\t<\/a>\n\t<\/div>\n\t\n\n\t
\n\t\t\n\t\t\t\t\t\t\n\t\t\t\tCorporate Governance\t\t\t<\/span>\n\t\t<\/a>\n\t<\/div>\n\t\n\n\t
\n\t\t\n\t\t\t\t\t\t\n\t\t\t\tGeneral Shareholder Information\t\t\t<\/span>\n\t\t<\/a>\n\t<\/div>\n\t\n\n\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t<\/div><\/div>\t\t\t<\/div>\n\n\t\n\n\t
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\n\t\t\t\n\t\t\t\n\n\n\n\n\n\t\n\t\t\n\t\tCorporateGoverance_rev_2<\/title>\n\t\t<style>\n\t\t\tbody, div, dl, dt, dd, h1, h2, h3, h4, h5, h6, p, pre, code, blockquote, figure {\n\tmargin:0;\n\tpadding:0;\n\tborder-width:0;\n}\nbody {\n\t-epub-hyphens:auto;\n}\ntable.Basic-Table {\n\tborder-collapse:collapse;\n\tborder-color:#000000;\n\tborder-style:solid;\n\tborder-width:1px;\n\tmargin-bottom:-4px;\n\tmargin-top:4px;\n}\ntd.Basic-Table, th.Basic-Table {\n\tborder-left-width:1px;\n\tborder-left-style:solid;\n\tborder-left-color:#000000;\n\tborder-top-width:1px;\n\tborder-top-style:solid;\n\tborder-top-color:#000000;\n\tborder-right-width:1px;\n\tborder-right-style:solid;\n\tborder-right-color:#000000;\n\tborder-bottom-width:1px;\n\tborder-bottom-style:solid;\n\tborder-bottom-color:#000000;\n\tpadding-top:4px;\n\tpadding-bottom:4px;\n\tpadding-left:4px;\n\tpadding-right:4px;\n\tvertical-align:top;\n}\ntable.No-Table-Style 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sans-serif;\n\tfont-size:16px;\n\tfont-style:normal;\n\tfont-variant:normal;\n\tfont-weight:600;\n\tline-height:1.375;\n\tmargin-bottom:9px;\n\tmargin-left:0;\n\tmargin-right:0;\n\tmargin-top:6px;\n\torphans:1;\n\tpage-break-after:auto;\n\tpage-break-before:auto;\n\ttext-align:left;\n\ttext-decoration:none;\n\ttext-indent:0;\n\ttext-transform:none;\n\twidows:1;\n}\np._4_Table_15_Table_Head {\n\t-epub-hyphens:none;\n\tcolor:#000000;\n\tfont-family:Poppins, sans-serif;\n\tfont-size:14px;\n\tfont-style:normal;\n\tfont-variant:normal;\n\tfont-weight:bold;\n\tline-height:1.286;\n\tmargin-bottom:0;\n\tmargin-left:0;\n\tmargin-right:0;\n\tmargin-top:14px;\n\torphans:1;\n\tpage-break-after:auto;\n\tpage-break-before:auto;\n\ttext-align:left;\n\ttext-decoration:none;\n\ttext-indent:0;\n\ttext-transform:none;\n\twidows:1;\n}\np._4_Table_18_Table_Thickline_Black {\n\t-epub-hyphens:none;\n\tcolor:#000000;\n\tfont-family:Poppins, 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{\n\tmin-height:138px;\n}\ncol._idGenTableRowColumn-70 {\n\twidth:369px;\n}\ncol._idGenTableRowColumn-71 {\n\twidth:79px;\n}\ncol._idGenTableRowColumn-72 {\n\twidth:111px;\n}\ncol._idGenTableRowColumn-73 {\n\twidth:107px;\n}\ntr._idGenTableRowColumn-74 {\n\tmin-height:43px;\n}\ntr._idGenTableRowColumn-75 {\n\tmin-height:102px;\n}\ncol._idGenTableRowColumn-76 {\n\twidth:28px;\n}\ncol._idGenTableRowColumn-77 {\n\twidth:6px;\n}\ncol._idGenTableRowColumn-78 {\n\twidth:575px;\n}\ncol._idGenTableRowColumn-79 {\n\twidth:87px;\n}\ntr._idGenTableRowColumn-80 {\n\tmin-height:24px;\n}\ncol._idGenTableRowColumn-81 {\n\twidth:471px;\n}\ndiv._idGenObjectStyleOverride-1 {\n\tborder-width:0px;\n}\n\n\t\t<\/style>\n\t<\/head>\n\t<body id=\"CorporateGoverance_rev_2\">\n\t\t<div id=\"_idContainer000\" class=\"_idGenObjectStyleOverride-1\">\n\t\t\t<p class=\"_3_Chapter_Head_NF_Chapter_Head\" lang=\"en-GB\">Corporate Governance Report<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">Corporate governance is about promoting fairness, transparency, accountability, commitment to values, ethical business conduct driven by the objective of creating and enhancing long-term value for all stakeholders of the Company. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">In accordance with the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and amendments thereto (\u2018the Listing Regulations, 2015\u2019), given below are the corporate governance policies and practices of Bajaj Auto Ltd. (\u2018the Company\u2019\/\u2018Bajaj Auto\u2019\/\u2018BAL\u2019) for the year 2025-26 (or \u2018FY2026\u2019).<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head01\">Philosophy<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">For us, corporate governance is a reflection of principles entrenched in our vision & mission and embedded in our day-to-day business practices, leading to value-driven growth. The commitment of the Bajaj group to the highest standards of good governance practices predates SEBI and the provisions of the Listing Regulations, 2015. Ethical dealings, transparency, fairness, disclosure and accountability are fundamental canons of the Bajaj group. Bajaj Auto Ltd. maintains the same tradition and commitment, which guides us in pursuing our purpose and achieving excellence in corporate governance. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">At Bajaj Auto, we strive to achieve business excellence through ethically driven business process and a firm commitment to the rich legacy of our values, while meeting the stakeholders\u2019 expectations. This Report gives a detailed overview of our governance framework.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head01\">The Governance Structure<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">Bajaj Auto\u2019s governance structure is based on the overall guidance of the Board of Directors and principles of freedom to the Executive Management within a given framework to ensure that the powers vested in the Executive Management are exercised with due care and responsibility so as to meet the expectations of all the stakeholders. In line with these principles, the Company has formed two tiers of governance structure viz.:<\/p>\n\t\t\t<table id=\"table001\" class=\"Basic-Table TableOverride-1\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-1\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-2\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-3\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\"><span class=\"Bold\">1.<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent ParaOverride-1\"><span class=\"Bold CharOverride-1\">The Board of Directors and its Committee<\/span><span class=\"Bold\">s: <\/span>The Board conducts overall strategic supervision and control by setting goals and reporting mechanism and decision-making process with an intent to protect the interest and value creation for all the stakeholders. The Board lays down strategic goals and holds Management accountable for achieving them.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-4\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent ParaOverride-1\">The Committees of the Board such as Audit Committee, Risk Management Committee, Nomination and Remuneration Committee, Stakeholders\u2019 Relationship Committee, Corporate Social Responsibility Committee, etc. are focused on specific elements of the governance like audit and internal controls, financial reporting, risk management framework, appointment and remuneration of directors\/senior management personnel, investors\u2019 grievance management, implementation and monitoring of CSR activities in furtherance to the Company\u2019s societal commitments.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-3\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\"><span class=\"Bold\">2.<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent ParaOverride-1\"><span class=\"Bold CharOverride-1\">Executive Management<\/span><span class=\"Bold\">: <\/span>The Executive Management is lead by the Managing Director and CEO who is ably assisted by the executive directors and the heads of business development, finance, HR, R&D and other functional heads. The Executive Management is responsible for the day-to-day business, strategies, new projects and product development, financial and human resource management and policy matters.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head01\">Board of Directors<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The Company\u2019s policy is to have an appropriate blend of executive directors, independent directors (including women directors) and non-executive non-independent directors to maintain independence of the Board and to separate the Board functions of governance from that of management. The Company has a non-executive Chairman (promoter), who heads the Board and oversees its overall conduct. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head02-\">Composition<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">As per regulation 17(1)(b) of the Listing Regulations, 2015, where the chairman is non-executive director or a promoter, at least half of the Board of a company should consist of independent directors. The present composition of Bajaj Auto\u2019s Board meets the said requirement. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">As on 31 March 2026, the Board consisted of eleven directors, of whom three (27%) were executive directors (including the Managing Director), two non-executive non-independent directors (18%) and six independent directors including two women independent directors (55%). The Board has no institutional nominee director. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">Further the changes in the composition of the Board of Directors during FY2026 are mentioned in the <i>Directors\u2019 Report<\/i>.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head02-\">Selection, Appointment and Tenure of Directors<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The Nomination and Remuneration Committee facilitate the Board in identification and selection of the directors who shall be of high integrity with relevant expertise and experience so as to have well diverse Board. The directors are appointed or re-appointed with the approval of the members and shall remain in office in accordance with the provisions of the law.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head02-\">Board Diversity Policy<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">In compliance with the provisions of the Listing Regulations, 2015, the Board through Nomination and Remuneration Committee has devised a policy on Board diversity. The Board comprises adequate number of members with diverse experience and skills, such that it best serves the governance and strategic needs of the Company.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The directors are persons of eminence in areas such as business, industry, finance, economics, law, governance, etc. and bring with them a wide range of experience and skills which add value to the performance of the Board and the Company while ensuring the best interest of stakeholders. They take active part in the Board and Committee meetings by providing valuable guidance and expert advice to the Board and the Management on various aspects of business, governance, compliance, etc. and play critical role on strategic issues, which enhances the transparency and add value in the decision making process of the Board. The directors are selected purely on the basis of merit with no discrimination on race, colour, religion, gender or nationality. The Board composition as at present meets with the above objective.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">A brief profile of the directors is available on the website of the Company at <a href=\"https:\/\/www.bajajauto.com\/about-us\/bajaj-team\"><span class=\"Hyperlink\">https:\/\/www.bajajauto.com\/about-us\/bajaj-team<\/span><\/a><\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head02-\">Number of meetings of the Board<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">During FY2026, the Board met seven times: 05 May 2025, 21 May 2025, 29 May 2025, 06 August 2025, 07 November 2025, 30 January 2026 and 18 March 2026. The gap between any two consecutive meetings was less than 120 days.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head02-\">Attendance record of directors<\/p>\n\t\t\t<p class=\"_4_Table_Table-Head_NF_Table_Head\" lang=\"en-GB\"><span class=\"Colour CharOverride-2\">Table 1:<\/span><span class=\"Colour\"> <\/span>Composition of the Board and attendance record of directors for FY2026<\/p>\n\t\t\t<table id=\"table002\" class=\"No-Table-Style TableOverride-2\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-5\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-6\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-7\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-6\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-8\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-6\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-8\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-6\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-9\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-6\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-10\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-11\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_20_Table_Thickline_Center-Head\" lang=\"en-GB\">Name of director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-1 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_20_Table_Thickline_Center-Head\" lang=\"en-GB\">Category of director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-1 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_20_Table_Thickline_Center-Head\" lang=\"en-GB\">Relationship with other directors<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-1 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_20_Table_Thickline_Center-Head\" lang=\"en-GB\">No. of shares held by director<span class=\"CharOverride-3\">(6)<\/span> <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-1 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_20_Table_Thickline_Center-Head\" lang=\"en-GB\">No. of Board meetings attended<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-1 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_20_Table_Thickline_Center-Head\" lang=\"en-GB\">Attended the last Annual General Meeting held on 06 August 2025<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-12\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">      <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-4\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-13\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Niraj Bajaj <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Chairman, non-executive, non-independent director (Promoter)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">872,979<span class=\"CharOverride-3\">(5)<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">7 out of 7<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Yes<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-13\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Rajiv Bajaj<span class=\"CharOverride-3\">(1)<\/span> <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Managing Director and CEO, executive director (Promoter)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Brother of <\/p>\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Sanjiv Bajaj<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">878,001<span class=\"CharOverride-3\">(5)<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">7 out of 7<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Yes<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-13\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Sanjiv Bajaj<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Non-executive, non-independent director (Promoter)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Brother of <\/p>\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Rajiv Bajaj <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">755,809<span class=\"CharOverride-3\">(5)<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">6 out of 7<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Yes<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-14\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Pradeep Shrivastava<span class=\"CharOverride-3\">(3)<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Executive director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">11,088<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">6 out of 7<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Yes<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Dr. Naushad Forbes<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Non-executive, independent director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">3,500<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">7 out of 7<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Yes<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Anami N. Roy<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Non-executive, independent director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">0<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">7 out of 7<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Yes<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-12\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Rakesh Sharma<span class=\"CharOverride-3\">(4)<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Executive director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">6,328 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">7 out of 7<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Yes<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-13\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Pradip Shah <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Non-executive, independent<\/p>\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">3,952<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">7 out of 7<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Yes<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-13\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Abhinav Bindra<span class=\"CharOverride-3\">(2)<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Non-executive, independent<\/p>\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">0<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">7 out of 7<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Yes<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-13\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Vinita Bali<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Non-executive, independent<\/p>\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">0<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">7 out of 7<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Yes<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Dr. Sangita Reddy<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Non-executive, independent director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">0<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">5 out of 7<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Yes<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<table id=\"table003\" class=\"Basic-Table TableOverride-3\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-1\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-16\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Footnote\" lang=\"en-GB\"><span class=\"Bold CharOverride-4\">Notes:<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-18\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Footnote\" lang=\"en-GB\">(1)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Footnote\" lang=\"en-GB\">Rajiv Bajaj was re-appointed as Managing Director and CEO for another term of five years commencing from 01 April 2025. The members have approved the said re-appointment vide special resolution passed on 30 April 2025 through postal ballot conducted by remote e-voting process.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-18\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Footnote\" lang=\"en-GB\">(2)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Footnote\" lang=\"en-GB\">Abhinav Bindra was re-appointed as a Non-executive independent director for the second term of five years commencing from 20 May 2025. The members have approved the said re-appointment vide special resolution passed on 30 April 2025 through postal ballot conducted by remote e-voting process.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-18\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Footnote\" lang=\"en-GB\">(3)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Footnote\" lang=\"en-GB\">The Board, at its meeting held on 18 March 2026, based on the recommendations of Nomination and Remuneration Committee, has approved the re-appointment of Pradeep Shrivastava as Whole-time director for another term of five years commencing from 01 April 2026. Approval of the members for his re-appointment is being sought by way of a postal ballot.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-18\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Footnote\" lang=\"en-GB\">(4)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Footnote\" lang=\"en-GB\">The Board, at its meeting held on 06 May 2026, based on the recommendations of Nomination and Remuneration Committee, have approved the re-designation and appointment of Rakesh Sharma as Joint Managing Director w.e.f. 01 June 2026 subject to approval of the members of the Company at the ensuing Annual General Meeting.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-19\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Footnote\" lang=\"en-GB\">(5)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Footnote\" lang=\"en-GB\">The equity shares also includes shares held in the capacity of trustee of private family trusts. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-20\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Footnote\" lang=\"en-GB\">(6)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Footnote\" lang=\"en-GB\">None of the directors hold any convertible instrument. Pradeep Shrivastava and Rakesh Sharma, the Executive directors of the Company are entitled to employee stock options as per Bajaj Auto Employee Stock Option Scheme 2019, as amended.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head02-\">Directorships and memberships of Board Committees<\/p>\n\t\t\t<p class=\"_4_Table_Table-Head_NF_Table_Head\" lang=\"en-GB\"><span class=\"Colour CharOverride-2\">Table 2:<\/span><span class=\"Colour\"> <\/span>Number of directorships\/committee positions of directors as on 31 March 2026 (including the Company)<\/p>\n\t\t\t<table id=\"table004\" class=\"No-Table-Style TableOverride-3\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-21\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-6\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-22\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-6\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-9\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-6\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-22\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-6\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-9\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-6\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-23\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-24\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente\" rowspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black ParaOverride-2\" lang=\"en-GB\">Name of the director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_08_Table_Thinline_0-5 CellOverride-4\" colspan=\"5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black ParaOverride-3\" lang=\"en-GB\">Directorships<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_08_Table_Thinline_0-5 CellOverride-4\" colspan=\"3\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black ParaOverride-3\" lang=\"en-GB\">Committee positions in listed and unlisted public limited companies<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-13\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black ParaOverride-3\" lang=\"en-GB\">In equity listed companies<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-9\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black ParaOverride-3\" lang=\"en-GB\">In unlisted public limited companies<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-9\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black ParaOverride-3\" lang=\"en-GB\">In private limited companies<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black ParaOverride-3\" lang=\"en-GB\">As member (including as chairperson)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-9\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black ParaOverride-3\" lang=\"en-GB\">As chairperson<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-12\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\"><span class=\"CharOverride-5\">      <\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-4\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-25\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Niraj Bajaj<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">3<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">4<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">7<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">1<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">0<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-25\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Rajiv Bajaj<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">4<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">2<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">4<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">0<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">0<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-25\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Sanjiv Bajaj<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">6<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">4<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">8<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">5<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">0<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-25\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Pradeep Shrivastava<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">1<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">0<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">0<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">0<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">0<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-25\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Dr. Naushad Forbes<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">6<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">1<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">6<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">6<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">1<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-25\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Anami N. Roy<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">5<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">1<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">1<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">8<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">5<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-25\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Rakesh Sharma<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">1<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">2<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">0<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">0<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">0<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-25\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Pradip Shah<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">4<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">3<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">8<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">7<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">2<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-25\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Abhinav Bindra<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">2<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">0<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">4<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">1<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">0<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-25\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Vinita Bali<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">2<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">0<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">0<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">2<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">0 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-25\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Dr. Sangita Reddy<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">3<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">6<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">10<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">0<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">0<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Footnote\" lang=\"en-GB\"><span class=\"Bold\">Notes:<\/span><\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Footnote\" lang=\"en-GB\">None of the directors hold office as a director, including as an alternate director, in more than twenty companies at the same time. None of them has directorships in more than ten public companies. For reckoning the limit of public companies, directorships of private companies that are either holding or subsidiary companies of a public company are included; for reckoning the limit of private and public companies, directorships in dormant companies and companies under section 8 of the Companies Act, 2013 (\u2018the Act\u2019) are excluded. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Footnote\" lang=\"en-GB\">As per the declarations received, none of the directors serve as an independent director in more than seven equity listed companies or in more than three equity listed companies in case he or she is a whole-time director\/managing director in any listed company. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Footnote\" lang=\"en-GB\">Further, the Managing Director of Bajaj Auto does not serve as an independent director in any equity listed company.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Footnote\" lang=\"en-GB\">For the purpose of considering the limit of the committees in which a director can serve, all public limited companies, whether listed or not, have been included and all other companies including private limited companies, foreign companies and companies under section 8 of the Act have been excluded. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Footnote\" lang=\"en-GB\">None of the directors was a member in more than ten committees nor a chairperson in more than five committees across all companies in which he\/she was a director. Only audit committees and stakeholders\u2019 relationship committees are considered for the purpose of reckoning committee positions.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Footnote\" lang=\"en-GB\">Notwithstanding the number of directorships, as has been highlighted herein, the outstanding attendance record and participation of the directors in Board and Committee meetings indicate their commitment and ability to devote adequate time to their responsibilities as the Company\u2019s fiduciaries.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head02-\">Directorships held by directors in listed companies<\/p>\n\t\t\t<p class=\"_4_Table_Table-Head_NF_Table_Head\" lang=\"en-GB\"><span class=\"Colour CharOverride-2\">Table 3<\/span><span class=\"Colour\">:<\/span><span class=\"Colour\"> <\/span>Name of listed companies where directors of the Company held directorships as on 31 March 2026 (including the Company)<\/p>\n\t\t\t<table id=\"table005\" class=\"No-Table-Style TableOverride-4\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-26\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-6\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-27\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-6\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-28\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<thead>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-12\">\n\t\t\t\t\t\t<th class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente CellOverride-7\" scope=\"col\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black ParaOverride-2\" lang=\"en-GB\">Name of director<\/p>\n\t\t\t\t\t\t<\/th>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<th class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente CellOverride-7\" scope=\"col\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black ParaOverride-2\" lang=\"en-GB\">Name of listed companies<\/p>\n\t\t\t\t\t\t<\/th>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<th class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente CellOverride-7\" scope=\"col\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black ParaOverride-2\" lang=\"en-GB\">Category<\/p>\n\t\t\t\t\t\t<\/th>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-12\">\n\t\t\t\t\t\t<th class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-2\" scope=\"col\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\"><span class=\"CharOverride-5\">     <\/span><\/p>\n\t\t\t\t\t\t<\/th>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-4\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/thead>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\" rowspan=\"3\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Niraj Bajaj<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-10\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">a. Bajaj Auto Ltd.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-10\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Chairman, non-executive director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-13\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">b. Bajaj Holdings & Investment Ltd.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Vice-Chairman, non-executive, <br \/>non-independent director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-13\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">c. Mukand Ltd.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Chairman and Managing Director, <br \/>executive director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\" rowspan=\"4\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Rajiv Bajaj<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">a. Bajaj Auto Ltd.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Managing Director and CEO, executive director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-13\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">b. Bajaj Holdings & Investment Ltd.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Vice-Chairman, non-executive, <br \/>non-independent director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">c. Bajaj Finserv Ltd.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Non-executive, non-independent director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">d. Bajaj Finance Ltd.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Non-executive, non-independent director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\" rowspan=\"6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Sanjiv Bajaj<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">a. Bajaj Auto Ltd.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Non-executive, non-independent director <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">b. Bajaj Holdings & Investment Ltd.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Managing Director and CEO, executive director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-13\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">c. Bajaj Finserv Ltd.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Chairman and Managing Director,<br \/>executive director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">d. Bajaj Finance Ltd. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Chairman, non-executive, <br \/>non-independent director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">e. Maharashtra Scooters Ltd. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Chairman, non-executive, <br \/>non-independent director <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">f. Bajaj Housing Finance Ltd. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Chairman, non-executive, <br \/>non-independent director <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-12\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Pradeep Shrivastava<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">a. Bajaj Auto Ltd.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Executive director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\" rowspan=\"6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Dr. Naushad Forbes<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">a. Bajaj Auto Ltd. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Non-executive, independent director <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">b. Bajaj Holdings & Investment Ltd. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Non-executive, independent director <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">c. Bajaj Finserv Ltd. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Non-executive, independent director <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">d. Bajaj Finance Ltd. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Non-executive, independent director <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">e. Zodiac Clothing Company Ltd. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Non-executive, independent director <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">f. Pidilite Industries <span class=\"CharOverride-6\">l<\/span>td. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Non-executive, independent director <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\" rowspan=\"5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Anami N. Roy<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">a. Bajaj Auto Ltd. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Non-executive, independent director <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">b. Bajaj Finserv Ltd. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Non-executive, independent director <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">c. Bajaj Finance Ltd. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Non-executive, independent director <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">d. Bajaj Housing Finance Ltd. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Non-executive, independent director <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">e. Siemens Ltd.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Non-executive, independent director <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-12\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Rakesh Sharma<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">a. Bajaj Auto Ltd. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Executive director <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\" rowspan=\"4\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Pradip Shah<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">a. Bajaj Auto Ltd. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Non-executive, independent director <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">b. Bajaj Holdings & Investment Ltd. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Non-executive, independent director <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">c. Pfizer Ltd. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Chairman, non-executive, <br \/>non-independent director <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">d. BASF India Ltd. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Chairman, non-executive, <br \/>non-independent director <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\" rowspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Abhinav Bindra<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">a. Bajaj Auto Ltd. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Non-executive, independent director <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">b. Bajaj Holdings & Investment Ltd.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Non-executive, independent director <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\" rowspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Vinita Bali<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">a. Bajaj Auto Ltd. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Non-executive, independent director <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">b. Syngene International Ltd.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Non-executive, non-independent director <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\" rowspan=\"3\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Dr. Sangita Reddy<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">a. Bajaj Auto Ltd. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Non-executive, independent director <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">b. Apollo Hospitals Enterprise <span class=\"CharOverride-6\">l<\/span>td.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Joint Managing Director <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">c. Indraprastha Medical Corporation Ltd.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Non-executive, non-independent director <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head02-\">Independent Directors<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The independent directors on the Board of the Company are highly experienced, competent and persons of repute in their respective fields, their collective wisdom and prudence brings an ideal mixture of expertise, professionalism, knowledge and experience to the table. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">In accordance with the provisions of section 149(10) and (11) of the Act and regulation 25(2) of the Listing Regulations, 2015, the independent directors can hold office for two consecutive terms of maximum period of five years each on the Board of the Company. As regards the appointment and tenure of independent directors, the Company has complied with the provisions of the Act and the Listing Regulations, 2015. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The Company issues a formal letter of appointment to independent directors in the manner as provided in the Act at the time of their appointment\/re-appointment. The terms and conditions of appointment\/re-appointment of independent directors are available on the Company\u2019s website at<a href=\"https:\/\/www.bajajauto.com\/investors\/miscellaneous\"><span class=\"Hyperlink\"> <\/span><span class=\"Hyperlink\">https:\/\/www.bajajauto.com\/investors\/miscellaneous<\/span><\/a><\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The Company has received declaration from all the independent directors stating that they meet the criteria of independence stipulated under section 149(6) of the Act read with rule 5 of the Companies (Appointment and Qualification of Directors) Rules, 2014 and regulations 16 and 25 of the Listing Regulations, 2015.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The independent directors have also confirmed compliance with the provisions of section 150 of the Act read with rule 6 of the Companies (Appointment and Qualifications of Directors) Rules, 2014, relating to inclusion of their name in the independent director\u2019s databank of the Indian Institute of Corporate Affairs.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">Based on the declarations received from the independent directors, the Board is of the opinion that the independent directors fulfil the conditions of independence specified in the Listing Regulations, 2015 and the Act and are independent of the Management.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">During the year under review, none of the independent directors of the Company have resigned before the expiry of their tenure.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head02-\">Induction and Familiarisation programme<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The directors are kept abreast on all business related matters having bearing on its operational and financial performance and future planning. These include risk assessment and minimisation procedures, CSR & sustainability interventions, succession plans, management development processes, and new initiatives proposed by the Company.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">As and when a new director is appointed, as part of the process of induction, the Company has the practice of familiarising the new director with information on various aspects of the Company\u2019s business, including the following: <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\"><span class=\"Bullet\">\u2022<\/span>   Overview of the Company\u2019s business<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\"><span class=\"Bullet\">\u2022<\/span>   Meeting with the key executives of the Company<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\"><span class=\"Bullet\">\u2022<\/span>   Visit to the manufacturing plant<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\"><span class=\"Bullet\">\u2022<\/span>   Apprising with the Company's Code of Conduct for directors, Insider Trading Codes, etc.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">To familiarise independent directors with the Company\u2019s operations, as required under regulation 25(7) of the Listing Regulations, 2015, the Company has held various programmes\/presentations for the independent directors throughout the year on an ongoing and continuous basis. Details of these are placed on <a href=\"https:\/\/www.bajajauto.com\/investors\/policies-codes\"><span class=\"Hyperlink\">https:\/\/www.bajajauto.com\/investors\/policies-codes<\/span><\/a> <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">During FY2026, the directors were updated extensively on the following through presentations\/updates at Board meetings:<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\"><span class=\"Bullet\">\u2022<\/span>   Two-wheeler, Three-wheelers, EV business for Domestic and International Market.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\"><span class=\"Bullet\">\u2022<\/span>   Update on KTM acquisition, restructuring process and related developments.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\"><span class=\"Bullet\">\u2022<\/span>   Export Business.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\"><span class=\"Bullet\">\u2022<\/span>   Annual business plan and its performance review.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\"><span class=\"Bullet\">\u2022<\/span>   Risk management framework including functional\/business risks, external risks and risk mitigation strategies.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\"><span class=\"Bullet\">\u2022<\/span>   Succession planning and talent and leadership development.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\"><span class=\"Bullet\">\u2022<\/span>   Fuel management in geopolitical crisis impacting the Company's operations.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\"><span class=\"Bullet\">\u2022<\/span>   Internal controls, regulatory frameworks and compliance.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head02-\">Orderly succession to Board and senior management<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">Succession planning is a critical element of the human resources strategy at the Company. The Company implemented a 'Project Velocity' on succession planning during the year.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">One of the key functions of the Board of Directors is selecting, compensating, monitoring and when necessary, replacing the members of the Board of Directors and the senior managerial personnel including the KMPs. Further, the Nomination and Remuneration Committee is instrumental in identifying successors for Board members and senior management thereby aligning the succession plans with the Company\u2019s strategic and long-term goals.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">Pursuant to regulation 17(4) of the Listing Regulations, 2015, the framework of succession planning for the Board and senior management was placed before the Board for its review. During the year under review, the Board of the Company has satisfied itself that the plans are in place for orderly succession of such appointments. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head02-\">Core skills\/Expertise\/Competencies<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">For the effective functioning of the Board, the directors amongst themselves should have a balance of skills, experience and diversity of perspectives appropriate to the Company. The directors possesses extensive knowledge and expertise in their areas of function which allows them to make effective contributions to the Board and its Committees. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">As stipulated under schedule V of the Listing Regulations, 2015, core skills\/expertise\/competencies, the Board has identified the skills\/expertise\/competencies for its effective functioning as required in the context of the business and sector and those actually available with the Board. The details of which are given below:<\/p>\n\t\t\t<table id=\"table006\" class=\"Basic-Table TableOverride-3\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-29\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-30\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text-Bold-\" lang=\"en-GB\">1.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text-Bold-\" lang=\"en-GB\">Business and Industry, Management<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-31\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">Domain knowledge in business and understanding of business environment, optimising the development in the industry for improving the Company\u2019s business.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text-Bold-\" lang=\"en-GB\">2.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text-Bold-\" lang=\"en-GB\">Strategic Insight <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-31\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">Ability to evaluate competitive corporate and business strategies and based thereon, contribute towards progressive refinement of the Company\u2019s strategies.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text-Bold-\" lang=\"en-GB\">3.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text-Bold-\" lang=\"en-GB\">Financial Expertise<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-31\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">Understanding of financial policies and financial reporting processes, accounting, taxation, risk management, internal control, capital allocation, resource utilisation.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text-Bold-\" lang=\"en-GB\">4.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text-Bold-\" lang=\"en-GB\">Governance and Compliance<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-24\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">Experience in developing governance and compliance practices, serving the best interests of all stakeholders, maintaining Board and management accountability, building long-term effective stakeholder engagements and driving corporate ethics and values.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<p class=\"_4_Table_Table-Head_NF_Table_Head\" lang=\"en-GB\"><span class=\"Colour CharOverride-2\">Table 4:<\/span> The Chart\/matrix of such core skills\/expertise\/competencies of each director as on the date of this Report is as under: <\/p>\n\t\t\t<table id=\"table007\" class=\"No-Table-Style TableOverride-3\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-32\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-6\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-33\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-6\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-34\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_20_Table_Thickline_Center-Head\" lang=\"en-GB\">Name of director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_20_Table_Thickline_Center-Head\" lang=\"en-GB\">Designation<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_20_Table_Thickline_Center-Head\" lang=\"en-GB\">Core skills\/expertise\/competencies of directors <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-12\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\"><span class=\"CharOverride-5\">     <\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-4\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Niraj Bajaj <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Chairman<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Business & Industry, Management & Strategy, Commercial, Financial Expertise, Governance & Compliance and such other areas. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-13\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Rajiv Bajaj<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Managing Director<br \/>and CEO<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Business & Industry, Management & Strategy, Product Development, Manufacturing & Sales Operations, CSR & Sustainability.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Sanjiv Bajaj<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Non-executive director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Business & Industry, Management & Strategy, Financial Expertise, Information Technology, Human Resources, Governance & Compliance. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Pradeep Shrivastava<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Executive director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Management & Strategy, Manufacturing & Operations, Project Management, CSR & Sustainability.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Dr. Naushad Forbes<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Independent director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Management & Strategy, Operations, Human Resources & Industrial Relations, Finance & Taxation, Governance & Compliance, CSR & Sustainability. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Anami N. Roy<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Independent director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Human Resources & Industrial Relations, Governance & Compliance, Law, Banking, Investment & Treasury Management, CSR & Sustainability. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Rakesh Sharma<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Executive director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Management & Strategy, Global Business Operations, Marketing & Sales, Project Management. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Pradip Shah<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Independent director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Strategy, Finance & Taxation, Governance & Compliance and such other areas.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Abhinav Bindra<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Independent director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Strategy, CSR & Sustainability, Academics & Education, Sports & Administration.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Vinita Bali<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Independent director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Global Business Leadership, Brand Building, Innovation, Management & Strategy, CSR & Sustainability.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Dr. Sangita Reddy <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Independent director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Business & Industry Management, Strategy, Governance & Compliance and CSR.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head02-\">Performance Evaluation of the Board, its Committees, the Chairman and the Directors <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head03\">Board Evaluation<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The annual evaluation process of the Board, its Committees, Chairman and individual directors for FY2026 was conducted as per provisions of the Act and the Listing Regulations, 2015. With a view to maintain high level of confidentiality and ease of doing evaluation, the exercise was carried out online using secured web-based application. Each Board member filled up the online evaluation template on the functioning and overall level of engagement of the Board and its Committees, on parameters such as composition, execution of specific duties, quality, quantity and timeliness of flow of information, deliberations at the meeting, independence of judgement, decision-making, management actions etc. The evaluation templates were designed considering the guidelines issued under the Listing Regulations, 2015 and the Secretarial Standards and taking into consideration the suggestions given by the directors. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The parameters for performance evaluation of individual directors, <i>inter alia<\/i>, include ability to provide thought leadership across the role spectrum and contribution to Board cohesion, governance and organisational processes.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head03\">Feedback Mechanism<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">A one-on-one meeting of the individual directors with the Chairman of the Nomination and Remuneration Committee was also conducted as a part of self-appraisal and peer-group evaluation. The directors were also asked to provide their valuable feedback and suggestions on the overall functioning of the Board & its Committees and the areas of improvement for a higher degree of engagement with the Management.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head03\">Evaluation Results<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The independent directors met on 18 March 2026 to review the performance evaluation of non-independent directors and the entire Board of Directors, including the Chairman, while considering the views of the executive and non-executive directors.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The independent directors were highly satisfied with the overall functioning of the Board and its various Committees, which displayed a high level of commitment and engagement. They also appreciated the exemplary leadership of the Chairman of the Board and its Committees in upholding and following the highest values and standards of corporate governance.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">Post the review by the independent directors, the results were shared with the entire Board and its respective Committees. The Board expressed its satisfaction with the evaluation results and constructive feedback, which reflects very high degree of engagement of the Board and its Committees with the Management. The Board has also suggested various actionable requiring focused attention of the Management.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">Based on the report of performance evaluation, the Board and Nomination and Remuneration Committee determined, as required under law that the term of independent directors may continue. The criteria for evaluation of independent directors, <i>inter alia<\/i>, includes attendance and participation, openness to ideas, perspectives and opinions, demonstrating highest level of integrity, independent views and judgement, etc.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head03\">Directors and Officers Liability Insurance (D&O Policy)<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The Company has in place a D&O Policy which is renewed every year. It covers directors (including independent directors) and officers of the Company and its subsidiaries. The Board is of the opinion that the quantum and risks presently covered are adequate.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head03\">Certificate from Practising Company Secretary <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The Company has received a certificate from Kumudini Bhalerao (FCS No. 6667, CP No. 6690) Partners of Makarand M. Joshi & Co., Practising Company Secretaries to the effect that none of the directors on the Board of the Company have been debarred or disqualified from being appointed or continuing as directors of the Company by the Securities and Exchange Board of India\/Ministry of Corporate Affairs or any such statutory authority. The certificate forms part of this Corporate Governance Report. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head01\">Meetings, Information supplied to the Board and Proceedings <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head02-\">Meetings<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The Board generally meets five times in a year. Additional meetings are called as and when required. The maximum time interval between any two consecutive meetings of the Board did not exceed 120 days. In case of urgent business matters, approval of the Board\/Committee is obtained by passing a circular resolution, as permitted by law and the same is noted in the subsequent meeting of the Board\/Committee. The Company adheres to the Secretarial Standards on the Board and Committee meetings as prescribed by the Institute of Company Secretaries of India. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The annual calendar of meetings is broadly determined well before the beginning of the year to enable the directors to plan their schedule and attendance at the meeting.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">All Board members are invited and encouraged to attend Committee meetings, even if they are not members.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head02-\">Information supplied to the Board<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">In advance of each meeting, the Board is presented with relevant information in the form of agenda notes\/presentation on various matters related to the working of the Company, especially those which require deliberation at the highest level. In addition to such items as required to be placed before the Board for its noting and\/or approval, information is provided on various other significant items as well. Presentations are also made from time to time to the Board by different functional heads on important matters and key elements of each business. Directors have separate and independent access to the officers of the Company. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">In terms of quality and importance, the information supplied by the Management to the Board of the Company is not just limited to the list of items mandated under regulation 17(7) read with part A of schedule II to the Listing Regulations, 2015.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The independent directors of the Company at their meeting held on 18 March 2026 have expressed satisfaction on the quality, quantity and timeliness of flow of information between the Company\u2019s Management and the Board and have confirmed that these significantly aid the Board to effectively and reasonably perform its duties.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">Pursuant to various regulatory requirements and in compliance with applicable laws and keeping in view the business requirements, the Board is, <i>inter alia<\/i>, apprised on the following:<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\"><span class=\"Bullet\">\u2022<\/span>   Business plans, forecast, financial performance and strategic initiatives.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\"><span class=\"Bullet\">\u2022<\/span>   Capital expenditure and updates.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\"><span class=\"Bullet\">\u2022<\/span>   Internal financial controls.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\"><span class=\"Bullet\">\u2022<\/span>   Succession planning and organisation structure. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\"><span class=\"Bullet\">\u2022<\/span>   Details of incidence of frauds, if any and corrective action taken thereon.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\"><span class=\"Bullet\">\u2022<\/span>   Performance of subsidiaries. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\"><span class=\"Bullet\">\u2022<\/span>   Status of compliances with Companies Act, 2013, SEBI regulations & shareholder related matters and other related law(s). <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\"><span class=\"Bullet\">\u2022<\/span>   Various policies framed by Company and revised from time to time.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\"><span class=\"Bullet\">\u2022<\/span>   Risk management system, Risk Management Policy and strategy followed.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\"><span class=\"Bullet\">\u2022<\/span>   Awareness on cyber security.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\"><span class=\"Bullet\">\u2022<\/span>   Changes in regulatory landscape.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">To leverage technology and move towards paperless systems, the Company has, since several years, adopted a web-based application for transmitting Board\/Committee meetings agenda and other enclosures. This application meets the high standards of security and integrity required for storage and transmission of Board\/Committee documents in electronic form.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head02-\">Proceedings<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">Apart from the Board members, the Chief Business Development Officer, Chief Financial Officer and Company Secretary attend all the Board meetings. Other senior management executives are invited as and when necessary.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">At the meeting, apart from business plans, capex and investment proposal and financial results, development regarding new subsidiaries, impact of the new Labour Code, geopolitical crisis, data protection, all material developments, statutory and governance matters are presented to the Board\/respective Committees. The Chairman of various Board Committees brief the Board on all the important matters discussed and decided at their respective Committee meetings, which are generally held prior to the Board meeting.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">Minutes of proceedings of each Board and Committee meeting are recorded and draft minutes are circulated to Board\/Committee members for their confirmation within 15 days from the date of meeting. The comments\/suggestions of the Board\/Committee members are invited and duly incorporated in the minutes after which these are entered in the minute book within 30 days from the date of meeting.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head02-\">Independent Directors\u2019 Meeting<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">In compliance with schedule IV to the Act and regulation 25(3) of the Listing Regulations, 2015, the independent directors held their separate meeting on 18 March 2026, without the attendance of non-independent directors and members of Management.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">All independent directors were present at the meeting.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The independent directors, <i>inter alia<\/i>, discussed on changes in the Board, report of performance evaluation of Board, its Committees and Chairman and reviewed the performance of non-independent directors and the Board as a whole and also the performance of Chairman of the Company taking into account the views of executive directors and non-executive directors, assessment of quality, quantity and timeliness of flow of information between the Company\u2019s Management and the Board, etc. and provided their views & expressed satisfaction on each of the matters. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">In addition, the independent directors had a separate meeting with senior management personnel to deliberate on various matters concerning the Company\u2019s business. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head01\">Committees of the Board <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The Company has six committees of the Board, viz., Audit Committee, Nomination and Remuneration Committee, Stakeholders\u2019 Relationship Committee, Corporate Social Responsibility Committee, Risk Management Committee and Duplicate Share Certificate Issuance Committee. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">These Committees function under the direct supervision of the Board. Mostly, the Committee meetings are held prior to the Board meeting and the Chairman of the respective Committees briefs the Board about the deliberations and decisions taken at the Committee meetings. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head02-\">Audit Committee<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The Company has a duly constituted Audit Committee. The Board reviews the working of the Committee from time to time to bring about greater effectiveness in order to comply with the various requirements under the Act and the Listing Regulations, 2015. In compliance with the provisions of the Act and the Listing Regulations, 2015, all members of the Audit Committee are independent, non\u2013executive directors, are financially literate and have accounting or related financial management expertise.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">During FY2026, the Audit Committee met six times: 21 May 2025, 29 May 2025, 06 August 2025, 07 November 2025, 30 January 2026 and 18 March 2026.<\/p>\n\t\t\t<p class=\"_4_Table_Table-Head_NF_Table_Head\" lang=\"en-GB\"><span class=\"Colour CharOverride-2\">Table 5:<\/span> Composition of the Audit Committee and attendance of members at its meeting(s) held during FY2026<\/p>\n\t\t\t<table id=\"table008\" class=\"No-Table-Style TableOverride-3\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-35\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-6\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-36\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-6\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-37\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_20_Table_Thickline_Center-Head\" lang=\"en-GB\">Name of member <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_20_Table_Thickline_Center-Head\" lang=\"en-GB\">Category<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_20_Table_Thickline_Center-Head\" lang=\"en-GB\">No. of meetings attended<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-12\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\"><span class=\"CharOverride-5\">      <\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-4\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Anami N. Roy<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9--00-Blank-Cell CellOverride-7\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Chairman (non-executive, independent director)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9--00-Blank-Cell CellOverride-7\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">6 out of 6<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Dr. Naushad Forbes<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9--00-Blank-Cell CellOverride-7\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Member (non-executive, independent director) <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9--00-Blank-Cell CellOverride-7\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">6 out of 6<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Pradip Shah<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9--00-Blank-Cell CellOverride-7\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Member (non-executive, independent director) <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9--00-Blank-Cell CellOverride-7\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">6 out of 6<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Vinita Bali<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9--00-Blank-Cell CellOverride-7\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Member (non-executive, independent director) <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9--00-Blank-Cell CellOverride-7\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">6 out of 6 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">In addition to members of the Audit Committee, these meetings were attended by the heads of finance and internal audit functions, the statutory auditors of the Company and such executives who were considered necessary for providing inputs to the Committee. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The Company Secretary acts as the secretary to the Audit Committee.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The Audit Committee, <i>inter alia<\/i>, discussed and deliberated on the internal audit reports, financial results, related party transactions including grant of omnibus approval, investment related reports, internal financial controls, utilisation of loans and\/or advances from\/investment by the Company in subsidiaries, whistle blower\/PoSH complaints, impact due to the new Labour Code, Compliances under the Circular issued by the National Financial Reporting Authority (NFRA) etc.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">Anami N. Roy, Chairman of the Audit Committee, was present at the previous Annual General Meeting of the Company held on 06 August 2025.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">During the year the Company has adopted the Charter of Audit Committee, to ensuring the integrity of financial statements through its oversight of the Company's financial reporting process, internal control system and audit functions, this Charter essentially provided the following elements:<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\"><span class=\"Bullet\">\u2022<\/span>   Composition;<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\"><span class=\"Bullet\">\u2022<\/span>   Meetings and Quorum;<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\"><span class=\"Bullet\">\u2022<\/span>   Terms of Reference<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The copy of the Charter is placed on the Company\u2019s website at <a href=\"https:\/\/www.bajajauto.com\/investors\/policies-codes\"><span class=\"Hyperlink\">https:\/\/www.bajajauto.com\/investors\/policies-codes<\/span><\/a><\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head02-\">Terms of reference of the Audit Committee<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The following terms of reference of the Audit Committee are in accordance with the Act and Listing Regulations, 2015:<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\"><span class=\"Bold\">Financial Statements:<\/span><\/p>\n\t\t\t<table id=\"table009\" class=\"Basic-Table TableOverride-3\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-29\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-29\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-38\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-31\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">1.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">To oversee the Company\u2019s financial reporting process and the disclosure of its financial information to ensure that the financial statement is correct, sufficient and credible.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-31\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">2.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">To review, with the management, the quarterly financial statements before submission to the Board of Directors for approval. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-31\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">3.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">To review, with the management, the annual financial statements and auditor\u2019s report thereon before submission to the Board of Directors for approval, with particular reference to: <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-31\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">a.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">Matters required to be included in the director\u2019s responsibility statement to be included in the Board\u2019s report in terms of section 134(3)(c) of the Companies Act, 2013. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">b.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">Changes, if any, in accounting policies and practices and reasons for the same. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">c.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">Major accounting entries involving estimates based on the exercise of judgement by the management.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">d.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">Significant adjustments made in the financial statements arising out of audit findings.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">e.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">Compliance with listing and other legal requirements relating to financial statements.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">f.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">Disclosure of any related party transactions. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">g.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">Modified opinion(s) in the draft audit report.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">4.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">To review management discussion and analysis of financial condition and results of operations. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-31\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">5.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">To review the financial statements, in particular, the investments made by the unlisted subsidiary(s) of the Company. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"3\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\"><span class=\"Bold\">Audit:<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-31\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">6.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">To recommend to the Board of Directors for appointment, remuneration and terms of appointment of the auditors of the Company.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-31\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">7.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">To approve availing of the permitted non-audit services rendered by the statutory auditors and approval of payment of fees thereof.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">8.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">To review and monitor the auditor\u2019s independence and performance, and effectiveness of audit process. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-31\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">9.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">To review, with the management, the performance of statutory and internal auditors, adequacy of the internal control systems. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-24\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">10.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">To review the adequacy of internal audit function, if any, including the structure of the internal audit department, staffing and seniority of the official heading the department, reporting structure coverage and frequency of internal audit. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">11.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">To discuss with internal auditors of any significant findings and follow up thereon. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-24\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">12.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">To review the findings of any internal investigations by the internal auditors into matters where there is suspected fraud or irregularity or a failure of internal control systems of a material nature and reporting the matter to the Board.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-31\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">13.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">To discuss with statutory auditors before the audit commences, about the nature and scope of audit as well as post-audit discussion to ascertain any area of concern. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">14.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">To review management letters\/letters of internal control weaknesses issued by the statutory auditors.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">15.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">To review the internal audit reports relating to internal control weaknesses.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">16.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">To review the appointment, removal and terms of remuneration of the chief internal auditor. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"3\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\"><span class=\"Bold\">Others:<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-31\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">17.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">To approve the transactions of the Company and its unlisted subsidiary(s) with related parties, as may be applicable, including any subsequent modifications thereto. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-31\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">18.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">To review the utilisation of loans and\/or advances from\/investment by the Company in its subsidiary company exceeding <span class=\"ITF-Rupee\" lang=\"en-GB\">H<\/span> 100 crore or 10% of the asset size of the subsidiary company, whichever is lower. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">19.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">To scrutinise inter-corporate loans and investments. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">20.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">To undertake valuation of undertakings or assets of the Company, wherever it is necessary. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">21<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">To evaluate internal financial controls and risk management systems. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">22.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">To review the functioning of the whistle blower mechanism. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-31\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">23.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">To approve the appointment of Chief Financial Officer after assessing the qualifications, experience and background, etc. of the candidate.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-31\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">24.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">To look into the reasons for substantial defaults, if any, in the payment to the depositors, debenture holders, shareholders (in case of non-payment of declared dividends) and creditors. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-31\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">25.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">To consider and comment on rationale, cost benefits and impact of schemes involving merger, demerger, amalgamation etc., on the Company and its shareholders.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">26.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">To review the investment policy. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-39\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">27.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">To review, with the management, the statement of use\/application of funds raised through an issue (public issue, rights issue, preferential issue, etc.), the statement of funds utilised for purposes other than those stated in the offer document\/prospectus\/notice and the report submitted by the monitoring agency, monitoring the utilisation of proceeds of a public issue or rights issue or preferential issue or qualified institutional placement and making appropriate recommendations to the Board of Directors to take up steps in this matter.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">28.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">To review the statement of deviations: <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-31\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">a.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">quarterly statement of deviation(s) including report of monitoring agency, if applicable, submitted to stock exchange(s) in terms of regulation 32(1) of the Listing Regulations, 2015. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-31\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">b.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">annual statement of funds utilized for purposes other than those stated in the offer document\/prospectus\/notice in terms of regulation 32(7) of the Listing Regulations, 2015. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-24\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">29.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">To review compliance with the provisions of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 at least once in a financial year and verify that the systems for internal control are adequate and are operating effectively. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-31\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">30.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">To carry out any other function mandated by the Board from time to time and\/or enforced by any statutory notification, amendment or modification, as may be applicable.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head02-\">Nomination and Remuneration Committee<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The Company has a duly constituted Nomination and Remuneration Committee. The Committee also acts as a Compensation Committee for implementation of the Bajaj Auto Employee Stock Option Scheme 2019. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">During FY2026, the Nomination and Remuneration Committee met three times: 29 May 2025, 07 November 2025 and 18 March 2026.<\/p>\n\t\t\t<p class=\"_4_Table_Table-Head_NF_Table_Head\" lang=\"en-GB\"><span class=\"Colour CharOverride-2\">Table 6: <\/span>Composition of Nomination and Remuneration Committee and attendance of members at its meeting(s) held during FY2026<\/p>\n\t\t\t<table id=\"table010\" class=\"No-Table-Style TableOverride-5\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-40\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-6\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-41\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-6\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-42\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-12\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black ParaOverride-2\" lang=\"en-GB\">Name of member<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black ParaOverride-2\" lang=\"en-GB\">Category<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black ParaOverride-2\" lang=\"en-GB\">No. of meetings attended<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-12\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\"><span class=\"CharOverride-5\">     <\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-4\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-12\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Dr. Naushad Forbes<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Chairman (non-executive, independent director)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">3 out of 3<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-12\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Niraj Bajaj<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Member (non-executive, non-independent director)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">3 out of 3<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-12\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Abhinav Bindra<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Member (non-executive, independent director)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">3 out of 3<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The Company secretary acts as the secretary to the Nomination and Remuneration Committee. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">As provided under the terms of reference of the Nomination and Remuneration Committee, the members, <i>inter alia<\/i>, discussed and deliberated on appointment\/re-appointment, performance assessment and payment of remuneration to directors and senior management and grant of stock options, etc. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">Dr. Naushad Forbes, Chairman of the Nomination and Remuneration Committee, was present at the previous Annual General Meeting of the Company held on 06 August 2025.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">During the year the Company has adopted the Charter of Nomination and Remuneration Committee, to enhancing board effectiveness, this Charter essentially provided the following elements:<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\"><span class=\"Bullet\">\u2022   <\/span>Composition;<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\"><span class=\"Bullet\">\u2022   <\/span>Meetings and Quorum;<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\"><span class=\"Bullet\">\u2022   <\/span>Terms of Reference.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The copy of the Charter is placed on the Company\u2019s website at <a href=\"https:\/\/www.bajajauto.com\/investors\/policies-codes\"><span class=\"Hyperlink\">https:\/\/www.bajajauto.com\/investors\/policies-codes<\/span><\/a><\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head02-\">Terms of reference of the Nomination and Remuneration Committee<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The following terms of reference of the Nomination and Remuneration Committee are in accordance with the Act and Listing Regulations, 2015: <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head03\">Appointment & Re-appointment of Directors & Senior Management:<\/p>\n\t\t\t<table id=\"table011\" class=\"Basic-Table TableOverride-6\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-29\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-29\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-38\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">1.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">To formulate the criteria for determining qualifications, positive attributes and independence of a director.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">2.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">To devise a policy on diversity of the Board of Directors.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-24\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">3.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">To identify the persons who are qualified to become directors and who may be appointed in senior management in accordance with the criteria laid down and recommend to the Board of Directors their appointment and removal.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-39\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">4.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">For every appointment of an independent director, the Committee shall evaluate the balance of skills, knowledge and experience on the Board of Directors and on the basis of such evaluation, prepare a description of the role and capabilities required of an independent director. The person recommended to the Board of Directors for appointment as an independent director shall have the capabilities identified in such description. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">For the purpose of identifying suitable candidates, the Committee may:<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">a.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">consider candidates from a wide range of backgrounds, having due regard to diversity;<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">b.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">consider the time commitments of the candidates;<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">c.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">use the services of external agencies, if required.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-31\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">5.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">To consider whether to extend or continue the term of appointment of the independent director, on the basis of the report of performance evaluation of independent director.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<table id=\"table012\" class=\"Basic-Table TableOverride-6\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-29\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-29\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-38\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-43\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"3\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head03\">Performance evaluation:<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-24\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">6.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">To formulate criteria\/manner for effective evaluation of performance of the Board of Directors, its committees and individual directors to be carried out either by the Committee or the Board or by an independent external agency and review its implementation and compliance. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-31\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">7.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">To undertake the annual performance assessment of the key managerial personnel and other senior management employees. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-43\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"3\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head03\">Compensation:<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-31\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">8.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">To recommend to the Board of Directors the remuneration policy for the directors, key managerial personnel and other employees. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\">The Committee shall ensure the following while formulating the said policy:<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-31\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">a.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">the level and composition of remuneration is reasonable and sufficient to attract, retain and motivate directors of the quality required to run the Company successfully;<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">b.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">relationship of remuneration to performance is clear and meets appropriate performance benchmarks;<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-24\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">c.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">remuneration to directors, key managerial personnel and senior management involves a balance between fixed pay and performance incentive reflecting short and long-term performance objectives appropriate to the working of the Company and its goals.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\">9.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">To recommend to the Board of Directors, all remuneration, in whatever form, payable to senior management.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-31\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\">10.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">To review and recommend to the Board of Directors the revision in the remuneration to be paid to the Managing Director & CEO and the executive director(s) based on their performance. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-43\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"3\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head03\">Compensation Committee:<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-24\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\">11.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">To act as the Compensation Committee for administration of the employee stock option schemes and to perform such other functions in terms of the schemes or as may be required under the law or delegated by the Board of Directors, from time to time.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-43\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"3\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head03\">Others:<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-31\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\">12.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">To carry out any other function(s) mandated by the Board of Directors, from time to time and\/or enforced by any statutory notification, amendment or modification, as may be applicable.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head02-\">Remuneration Policy<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">On the recommendation of the Nomination and Remuneration Committee, the Board has framed a Remuneration Policy. This policy, <i>inter alia<\/i>, provides (a) the criteria for determining qualifications, positive attributes and independence of directors (b) a policy on remuneration for directors, key managerial personnel and other employees and (c) details of the employee stock option scheme. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The policy is directed towards a compensation philosophy and structure that will reward and retain talent and provides for a balance between fixed and incentive pay, reflecting short and long-term performance objectives appropriate to the working of the Company and its goals. The said Remuneration Policy as in force is placed on the Company\u2019s website at <a href=\"https:\/\/www.bajajauto.com\/investors\/policies-codes\"><span class=\"Hyperlink\">https:\/\/www.bajajauto.com\/investors\/policies-codes<\/span><\/a> <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head02-\">Stakeholders\u2019 Relationship Committee<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The Board has a duly constituted Stakeholders\u2019 Relationship Committee to specifically oversee various shareholders\u2019 related matters. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">During FY2026, the Stakeholders\u2019 Relationship Committee met on 30 January 2026 to review the status of various matters relating to investors\u2019 services. At the meeting, the Committee also reviewed the service standards of the Company\u2019s registrar and share transfer agent and the measures taken for timely and effective investors\u2019 grievance redressal that can facilitate better investor services and relations. The Board was apprised of all the major developments on investors\u2019 issues through various reports and statements furnished from time to time throughout the year.<\/p>\n\t\t\t<p class=\"_4_Table_15_Table_Head\" lang=\"en-GB\"><span class=\"Colour CharOverride-2\">Table 7:<\/span><span class=\"Colour\"> <\/span>Composition of Stakeholders\u2019 Relationship Committee and attendance of members at its meeting(s) held during FY2026<\/p>\n\t\t\t<table id=\"table013\" class=\"No-Table-Style TableOverride-3\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-44\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-6\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-45\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-6\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-46\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black ParaOverride-2\" lang=\"en-GB\">Name of member<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black ParaOverride-2\" lang=\"en-GB\">Category<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black ParaOverride-2\" lang=\"en-GB\">Attendance at the meeting held on 30 January 2026<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-12\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\"><span class=\"CharOverride-5\">     <\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-4\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-12\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Pradip Shah<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Chairman (non-executive, independent director)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Yes<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-12\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Niraj Bajaj<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Member (non-executive, non-independent director)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Yes<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-12\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Abhinav Bindra<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Member (non-executive, independent director) <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Yes<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">Rajiv Gandhi, Company Secretary is the Compliance Officer and acts as the secretary to the Stakeholders\u2019 Relationship Committee. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The Committee expressed its satisfaction on the overall status of compliance and actions taken on various investor related matters. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">Pradip Shah, Chairman of the Stakeholders\u2019 Relationship Committee, was present at the previous Annual General Meeting of the Company held on 06 August 2025. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">Details of investors\u2019 grievance redressal<\/p>\n\t\t\t<p class=\"_4_Table_Table-Head_NF_Table_Head\" lang=\"en-GB\"><span class=\"Colour CharOverride-2\">Table 8:<\/span><span class=\"Colour\"> <\/span>Investors' complaints received and resolved during FY2026<\/p>\n\t\t\t<table id=\"table014\" class=\"No-Table-Style TableOverride-3\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-47\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-6\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-48\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-12\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black ParaOverride-2\" lang=\"en-GB\">Particulars <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black ParaOverride-2\" lang=\"en-GB\">Attended\/resolved during the FY 2026<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-12\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\"><span class=\"CharOverride-5\">      <\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-4\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-12\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Pending at the beginning of the year<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">0<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-12\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Received during the year<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">27<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-12\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Disposed of during the year<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">25<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-12\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Pending at the end of the year<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">2<span class=\"CharOverride-8\">#<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Footnote\" lang=\"en-GB\"># The Company has submitted its replies and the review by the SEBI is under process and no action remained to be taken on the Company\u2019s side at the year end. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">More details on this subject and on shareholders\u2019 related matters including unclaimed suspense account have been furnished in <i>General Shareholder Information<\/i>.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head02-\">Terms of reference of the Stakeholders\u2019 Relationship Committee <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The terms of reference of the Committee are in accordance with the Act and Listing Regulations, 2015 and the same are as under:<\/p>\n\t\t\t<table id=\"table015\" class=\"Basic-Table TableOverride-6\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-29\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-49\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-24\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\">1.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">To resolve the grievances of the security holders including complaints related to transfer\/transmission of shares, non-receipt of annual report, non-receipt of declared dividends, issue of new\/duplicate certificates, general meetings, etc.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\">2.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">Review measures taken for effective exercise of voting rights by shareholders.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-31\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\">3.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">Review adherence to the service standards adopted by the Company in respect of various services being rendered by the registrar and share transfer agent.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-31\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\">4.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">Review various measures and initiatives taken for reducing the quantum of unclaimed dividends and ensuring timely receipt of dividend warrants\/annual reports\/statutory notices by the shareholders of the Company.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head03\">Corporate Social Responsibility Committee<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">This is given as a separate chapter in the <i>Annual Report<\/i> on CSR. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head03\">Risk Management Committee<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The Company has a duly constituted Risk Management Committee in compliance with the provisions of the Listing Regulation, 2015. The Board at its meeting held on 06 May 2026 has reviewed and adopted a revised Risk Management Policy. The Risk Management Committee oversees the overall risk management processes of the Company and ensures that the business risks are identified and addressed by the management.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">During FY2026, the Risk Management Committee met two times: 29 May 2025 and 07 November 2025.<\/p>\n\t\t\t<p class=\"_4_Table_Table-Head_NF_Table_Head\" lang=\"en-GB\"><span class=\"Colour CharOverride-2\">Table 9:<\/span><span class=\"Colour\"> <\/span>Composition of Risk Management Committee and attendance of members at its meeting(s) held during FY2026<\/p>\n\t\t\t<table id=\"table016\" class=\"No-Table-Style TableOverride-3\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-50\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-6\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-51\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-6\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-52\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black ParaOverride-2\" lang=\"en-GB\">Name of member<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black ParaOverride-2\" lang=\"en-GB\">Category<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black ParaOverride-2\" lang=\"en-GB\">No. of meetings attended<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-12\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\"><span class=\"CharOverride-5\">     <\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-4\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-12\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Anami N. Roy<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Chairman (non-executive, independent director)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">2 out of 2<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-12\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Pradip Shah<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Member (non-executive, independent director)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">2 out of 2<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-12\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Dinesh Thapar<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Member (chief financial officer)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">2 out of 2<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The Company Secretary acts as the secretary to the Risk Management Committee. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head03\">Terms of reference of the Risk Management Committee<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The detailed terms of reference of the Risk Management Committee are in accordance with the Listing Regulations, 2015 and the same are as under: <\/p>\n\t\t\t<table id=\"table017\" class=\"Basic-Table TableOverride-3\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-29\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-29\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-53\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent ParaOverride-1\">1.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent ParaOverride-1\">To formulate a detailed Risk Management Policy which shall include: <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-24\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_2nd-Indent ParaOverride-1\">a.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_2nd-Indent ParaOverride-1\">A framework for identification of internal and external risks specifically faced by the Company, in particular including financial, operational, sectoral, sustainability (particularly, ESG related risks), information, cyber security risks or any other risk as may be determined by the Committee.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_2nd-Indent ParaOverride-1\">b.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_2nd-Indent ParaOverride-1\">Measures for risk mitigation including systems and processes for internal control of identified risks.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_2nd-Indent ParaOverride-1\">c.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_2nd-Indent ParaOverride-1\">Business continuity plan. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-31\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent ParaOverride-1\">2.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent ParaOverride-1\">To ensure that appropriate methodology, processes and systems are in place to monitor and evaluate risks associated with the business of the Company.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-31\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent ParaOverride-1\">3.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent ParaOverride-1\">To monitor and oversee implementation of the risk management policy, including evaluating the adequacy of risk management systems.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-31\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent ParaOverride-1\">4.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent ParaOverride-1\">To periodically review the Risk Management Policy, at least once in two years, including by considering the changing industry dynamics and evolving complexity.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-31\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent ParaOverride-1\">5.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent ParaOverride-1\">To keep the Board of Directors informed about the nature and content of its discussions, recommendations and actions to be taken.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-31\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent ParaOverride-1\">6.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent ParaOverride-1\">The appointment, removal and terms of remuneration of the chief risk officer (if any) shall be subject to review by the Risk Management Committee.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-24\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent ParaOverride-1\">7.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent ParaOverride-1\">The Risk Management Committee shall coordinate its activities with other committees, in instances where there is any overlap with activities of such committees, as per the framework laid down by the Board of directors. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-31\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent ParaOverride-1\">8.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent ParaOverride-1\">To perform such other functions as the Board may deem fit from time to time, which shall also cover cyber security.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The Company has a Board approved risk management framework. The Committee and the Board periodically review the Company\u2019s risk assessment and minimisation procedures to ensure that management identifies, controls and mitigates various risks associated with the business of the Company through a properly defined framework.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head03\">Duplicate Share Certificate Issuance Committee <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">To meet the requirement of section 46 of the Act read with rule 6 of the Companies (Share Capital and Debentures) Rules, 2014 and regulation 39 of the Listing Regulations, 2015, the Company has Duplicate Share Certificate Issuance Committee to approve issuing of letter of confirmation(s) in lieu of original share certificate(s) that were lost or misplaced, the composition of which is given in <span class=\"Bold\">Table 10<\/span> below.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">Further, SEBI vide its circular HO\/38\/13\/(3)2026-MIRSD-POD\/l\/3763\/2026 dated 30 January 2026, effective from 02 April 2026, prescribed the procedure for credit of securities issued pursuant to various service requests including requests related to issuance of Duplicate Share Certificate, in demat mode, directly into the demat account of the investor after necessary due diligence by RTA\/Company.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">Accordingly, the Committee will approve such request to proceed issuing Credit confirmation letter, that shall be send regarding successful dematerialisation of the securities.<\/p>\n\t\t\t<p class=\"_4_Table_15_Table_Head\" lang=\"en-GB\"><span class=\"Colour CharOverride-2\">Table 10:<\/span> Composition of the Duplicate Share Certificate Issuance Committee and attendance of members at its meeting(s) held during FY2026<\/p>\n\t\t\t<table id=\"table018\" class=\"No-Table-Style TableOverride-3\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-54\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-6\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-55\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-6\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-56\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black ParaOverride-2\" lang=\"en-GB\">Name of member <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black ParaOverride-2\" lang=\"en-GB\">Category<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black ParaOverride-2\" lang=\"en-GB\">Attendance at the meeting held on 30 January 2026<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-12\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">     <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-4\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-12\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Rajiv Bajaj<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Chairman (Managing Director and CEO, executive director)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">Yes<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Pradeep Shrivastava<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Member (executive director)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">Yes<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-12\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Rakesh Sharma<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Member (executive director)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">Yes<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head03\">Recommendations of Committees of the Board<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">During FY2026, the Board of Directors accepted all the recommendations as and when received from its Committees on different matters.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head01\">Details of remuneration paid to directors during FY2026<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head02-\">Non-executive directors <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The Company pays sitting fees of <span class=\"ITF-Rupee\" lang=\"en-GB\">H<\/span> 100,000 per meeting to its non-executive directors for attending meetings of the Board and its Committees (except Duplicate Share Certificate Issuance Committee).<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The shareholders of the Company through a special resolution passed at the Annual General Meeting of the Company held on 22 July 2021, by way of an enabling provision, have accorded approval for payment of commission up to a sum not exceeding one percent of the net profits of the Company, calculated in accordance with the provisions of section 197 and 198 of the Act, to the non-executive directors, in the manner as may be decided by the Board of Directors from time to time during the five year term up to 31 March 2026. The approval for a further term upto 31 March 2031 forms part of the Notice of ensuing Annual General Meeting. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">Consistent with this approval from the shareholders, the Company pays commission to the non-executive directors within the ceiling of one percent of the net profits of the Company as computed under the applicable provisions of the Act. The said commission is decided by the Board of Directors on the recommendation of the Nomination and Remuneration Committee and distributed amongst the non-executive directors. At present, the commission is paid @ <span class=\"ITF-Rupee\" lang=\"en-GB\">H<\/span> 315,000 per meeting of the Board and\/or Committees.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The commission is paid after the audited financial statements are approved by the Board of Directors and adopted by the shareholders at the Annual General Meeting.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">Compensation to the non-executive (including independent) directors reflects the time, effort, attendance and participation of such directors in the Board and Committee meetings. Payment to them is linked to their attendance.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The Company has adopted the Bajaj Auto Employee Stock Option Scheme 2019 (\u2018the Scheme\u2019) for the benefit of the permanent employees and\/or directors of the Company and\/or its holding (if any, in future) and subsidiary company(ies), but excluding independent directors and any employee who is a promoter or belonging to the promoter group. During FY 2025, the Scheme was revised to expand the categories and base of the employees to include the employees of group and associate companies for grant of options in line with the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The Scheme also amended certain criteria relating to retirement, transfers\/deputation, death\/permanent incapacity.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head02-\">Pecuniary relationship\/transaction with non-executive directors<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">During FY2026, there were no pecuniary relationship or transactions of any non-executive directors with the Company, apart from their remuneration as directors.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">During FY2026, the Company did not advance any loans to any of the non-executive directors and\/or the Managing director.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head02-\">Criteria of making payments to non-executive directors<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The Remuneration Policy disclosing the criteria of making payments to directors, key managerial personnel and employees is available on the Company\u2019s website at <a href=\"https:\/\/www.bajajauto.com\/investors\/policies-codes\"><span class=\"Hyperlink\">https:\/\/www.bajajauto.com\/investors\/policies-codes<\/span><\/a> <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head02-\">Executive directors <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">Managing Director and Chief Executive Officer (\u2018MD\u2019) and two Executive directors (\u2018EDs\u2019) are paid salaries, perquisites and allowances, company\u2019s contribution to provident fund, etc. The executive directors are entitled to superannuation benefits payable in the form of an annuity from an approved life insurance company, which forms part of the perquisites allowed to them. The executive directors are also granted stock options in terms of the Bajaj Auto Employee Stock Option Scheme 2019,<br \/>as amended.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">During the year under review, none of the directors were paid any performance-linked incentive, apart from Pradeep Shrivastava and Rakesh Sharma, who are executive directors. The remuneration payable to the executive directors is benchmarked annually and is reviewed by the Nomination and Remuneration Committee ('NRC'). The revisions to the remuneration payable to the executive directors is reviewed by the NRC based on their performance evaluation, achievement of targets and performance of the Company.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The tenure of MD and EDs is of five years each from the date of their respective appointment\/re-appointment with a notice period of ninety days. MD and EDs are also entitled to other perquisites and benefits mentioned in the agreement entered into by them with the Company. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">Details of remuneration paid to the non-executive and executive directors are given below:<\/p>\n\t\t\t<p class=\"_4_Table_15_Table_Head\" lang=\"en-GB\"><span class=\"Colour CharOverride-2\">Table 11:<\/span><span class=\"Colour\"> <\/span>Remuneration paid\/payable to directors for FY2026<\/p>\n\t\t\t<table id=\"table019\" class=\"No-Table-Style TableOverride-3\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-57\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-6\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-58\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-6\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-22\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-6\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-59\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-6\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-23\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-6\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-60\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<thead>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-61\">\n\t\t\t\t\t\t<th class=\"No-Table-Style _1_Table_02_Table_Rupees_In_Crore CellOverride-9\" colspan=\"11\" scope=\"col\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Head_16_Rupees_In_Crore\"><span class=\"CharOverride-9\">(Amount In <\/span><span class=\"ITF-Rupee CharOverride-9\" lang=\"en-GB\">\u20b9<\/span><span class=\"CharOverride-9\">)<\/span><\/p>\n\t\t\t\t\t\t<\/th>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/thead>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black ParaOverride-2\" lang=\"en-GB\">Name of director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-11\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black ParaOverride-2\" lang=\"en-GB\">Category<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-11\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black ParaOverride-3\" lang=\"en-GB\">Sitting fees<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-11\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black ParaOverride-3\" lang=\"en-GB\">Salary and perquisites<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-11\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black ParaOverride-3\" lang=\"en-GB\">Commission<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-11\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black ParaOverride-3\" lang=\"en-GB\">Total<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-12\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\"><span class=\"CharOverride-5\">    <\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-4\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-62\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Niraj Bajaj <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Chairman, non-executive, non-independent director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">1,100,000<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">3,465,000<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">4,565,000<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-62\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Rajiv Bajaj<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Managing Director and CEO, executive director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">236,588,385<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">352,148,400<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">588,736,785<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-25\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Sanjiv Bajaj<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Non-executive, non-independent director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">600,000<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">1,890,000<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">2,490,000<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-62\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Pradeep Shrivastava*<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Whole-time Director, executive director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">210,969,553<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">210,969,553<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-62\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Dr. Naushad Forbes<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Non-executive, independent director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">1,800,000<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">5,670,000<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">7,470,000<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-62\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Anami N. Roy<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Non-executive, independent director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">1,500,000<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">4,725,000<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">6,225,000<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-62\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Rakesh Sharma* <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Whole-time Director, executive director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">152,982,188<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">152,982,188<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-25\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Pradip Shah<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Non-executive, independent director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">1,600,000<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">5,040,000<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">6,640,000<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-62\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Abhinav Bindra<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Non-executive, independent director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">1,300,000<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">4,095,000<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">5,395,000<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-62\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Vinita Bali<\/p>\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\"> <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Non-executive, independent director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">1,500,000<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">4,725,000<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">6,225,000<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-62\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Dr. Sangita Reddy<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Non-executive, independent director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">500,000<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">1,575,000<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-10\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black CellOverride-5 _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">2,075,000<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Footnote\" lang=\"en-GB\"><span class=\"Bold\">Notes:<\/span><\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Footnote\" lang=\"en-GB\">* Pradeep Shrivastava and Rakesh Sharma, the executive directors of the Company are entitled to employee stock options as per Bajaj Auto Employee Stock Option Scheme 2019, as amended. The above remuneration is exclusive of fair value of options granted as per Black Scholes model in the year of vesting.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head02-\">Bajaj Auto Employee Stock Option Scheme 2019 ('BAL-ESOS 2019'\/'the Scheme')<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">BAL-ESOS 2019 has been formulated by the Nomination and Remuneration Committee of the Board to provide competitive remuneration opportunities to employees of the Company, through annual and long-term incentive plans. During the year under review, 12,896 options were granted to each of the executive directors at a grant price of <span class=\"ITF-Rupee\" lang=\"en-GB\">H<\/span> 8,849 being the closing market price on the NSE on the day preceding the day of grant. These grants will vest over a period of four years (25% every year) after a period of one year from the date of grant. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">During FY 2025, the Scheme was revised to expand the categories and base of the employees to include the employees of group and associate companies for grant of options in line with the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The Scheme also amended certain criteria relating to retirement, transfers\/deputation, death\/permanent incapacity.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">During FY 2026, 240,230 equity shares allotted to Trustees of Bajaj Auto ESOP Trust in accordance with the Bajaj Auto Employee Stock Option Scheme 2019, as amended.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">In terms of the Listing Regulations, 2015, the revised Scheme is available on the website of the Company at <a href=\"https:\/\/www.bajajauto.com\/investors\/disclosures-under-regulation-46-of-the-sebi-lodr\"><span class=\"Hyperlink\">https:\/\/www.bajajauto.com\/investors\/disclosures-under-regulation-46-of-the-sebi-lodr<\/span><\/a> <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head01\">Senior Management<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">During the year under review, the particulars of the senior management pursuant to provisions of regulation 16(1)(d) of the Listing Regulations, 2015 and changes therein are as under:<\/p>\n\t\t\t<table id=\"table020\" class=\"No-Table-Style TableOverride-4\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-63\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-6\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-64\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black ParaOverride-2\" lang=\"en-GB\">Name of the senior<\/p>\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black ParaOverride-2\" lang=\"en-GB\">management personnel<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black ParaOverride-2\" lang=\"en-GB\">Designation<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-12\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">     <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-4\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-12\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">S Ravikumar<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Chief Business Development Officer<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-12\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Dinesh Thapar<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Chief Financial Officer<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-12\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Ravi Kyran Ramasamy<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Chief Human Resources Officer<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-12\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Baminee Viswanat<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">General Counsel <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-12\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Kailash Zanzari<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Chief Product Officer (effective from 01 May 2025)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Vijay Jerome<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Chief Digital & Information Officer (effective from 07 November 2025)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-12\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Rajiv Gandhi<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Company Secretary & Compliance Officer<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-12\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Ramtilak Ananthan <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Chief Technology Officer (up to 01 April 2025)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head01\">Disclosures<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head02-\">Information on general body meetings and special resolution(s) passed<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\">A. Details of Annual General Meetings (AGM) held during last three years<\/p>\n\t\t\t<table id=\"table021\" class=\"No-Table-Style TableOverride-3\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-65\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-6\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-66\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-6\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-67\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-6\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-68\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente CellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black ParaOverride-2\" lang=\"en-GB\">Details of AGM<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-12 _idGenCellOverride-12\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_06_Table_Thickline_Black CellOverride-13 _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black ParaOverride-2\" lang=\"en-GB\">Location<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-12 _idGenCellOverride-12\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_06_Table_Thickline_Black CellOverride-13 _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black ParaOverride-2\" lang=\"en-GB\">Date and time of AGM<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-12 _idGenCellOverride-12\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_06_Table_Thickline_Black CellOverride-14 _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black ParaOverride-2\" lang=\"en-GB\">Details of special resolution(s) passed at the AGM, if any<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-12\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\"><span class=\"CharOverride-5\">     <\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-15 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-13\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-15 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-13\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-15 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-14\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-13\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">16th AGM* (Physical)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Conducted at the registered office of the Company at Mumbai-Pune Road, Akurdi, Pune 411035 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">25 July 2023<br \/>at 2:00 p.m.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">1. Re-appointment of Rakesh Sharma as Whole-time director of the Company for a period of five years with effect from 01 January 2024.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-69\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">17th AGM* (Physical)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Conducted at the registered office of the Company at Mumbai-Pune Road, Akurdi, Pune 411035 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">16 July 2024<br \/>at 2:00 p.m.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">1. Modification to the Bajaj Auto Employee Stock Option Scheme 2019.<\/p>\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">2. Approval to extend the benefits and grant of options to the employee(s) of associate and group company(ies), if any, in addition to holding and subsidiary company(ies) under <br \/>Bajaj Auto Employee Stock Option Scheme 2019.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-13\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">18th AGM* (Physical)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Conducted at the registered office of the Company at Mumbai-Pune Road, Akurdi, Pune 411035 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">06 August 2025 <br \/>at 12:30 p.m. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">No special resolution was passed <br \/>at the AGM.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Footnote ParaOverride-4\" lang=\"en-GB\">* In terms of the provisions of Listing Regulations, 2015, one way live webcast of the proceedings was also provided.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">All resolutions proposed by the Board have been passed with requisite majority by the shareholders.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head03\">B.   Details of special business passed through postal ballot during last year<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">During FY2026, the Company had sought approval of the members through postal ballot (special\/ordinary resolutions) and the details of the same are given below:<\/p>\n\t\t\t<table id=\"table022\" class=\"No-Table-Style TableOverride-3\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-8\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-6\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-70\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-6\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-71\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-6\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-72\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-6\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-73\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente\" rowspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_20_Table_Thickline_Center-Head\" lang=\"en-GB\">Date of postal ballot notice<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente\" rowspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_20_Table_Thickline_Center-Head\" lang=\"en-GB\">Items of special business<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_08_Table_Thinline_0-5 CellOverride-4\" colspan=\"3\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Head_21_Table_Thinline_0-5\" lang=\"en-GB\">Votes (No. of shares and %)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente\" rowspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_20_Table_Thickline_Center-Head\" lang=\"en-GB\">Date of passing the resolution<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-74\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_20_Table_Thickline_Center-Head\" lang=\"en-GB\">In favour<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-9\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_20_Table_Thickline_Center-Head\" lang=\"en-GB\">Against<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-12\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\"><span class=\"CharOverride-5\">     <\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-4\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-75\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">18 March 2025<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Re-appointment of Rajivnayan Rahulkumar Bajaj (DIN: 00018262) as Managing Director & Chief Executive Officer of the Company for a period of five years with effect from 01 April 2025. (Special Resolution)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-5\">201,064,466<\/p>\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-5\">(92.00%)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-5\">17,474,904<\/p>\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-5\">(7.99%)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-5\">30 April 2025<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-75\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">18 March 2025<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Re-appointment of Abhinav Bindra (DIN: 00929250) as a non-executive Independent Director of the Company for a second term of five consecutive years with effect from 20 May 2025. (Special Resolution)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-5\">215,354,568<\/p>\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-5\">(98.51%)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-5\">3,244,237<\/p>\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-5\">(1.48%)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-5\">30 April 2025<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-11\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">10 July 2025<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Approval of Material Related Party Transaction(s) between Bajaj Auto International Holdings BV, a wholly owned subsidiary of the Company and Pierer Bajaj AG, PIERER Mobility AG and KTM AG for restructuring support for KTM AG and its subsidiaries. (Ordinary Resolution)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-5\">86,735,411 (98.37%)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-5\">1,439,064<\/p>\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-5\">(1.63%)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-8\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-5\">16 August 2025<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The Company had appointed Shyamprasad D Limaye, Practising Company Secretary (FCS No. 1587, CP No. 572) and Makarand M. Joshi (FCS No. 5533, CP No. 3662), or failing him, Kumudini Bhalerao (FCS No. 6667, CP No. 6690), Partners of Makarand M. Joshi & Co., Practicing Company Secretaries, as the scrutiniser(s) for Postal Ballot Notice dated 18 March 2025 and 10 July 2025 respectively for conducting the postal ballot including remote e-voting process in a fair and transparent manner.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">Other than those stated hereinabove, no special\/ordinary resolution is proposed to be passed through the postal ballot up to the date of this Annual Report.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head03\">Procedure for Postal Ballot<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\"><span class=\"Bullet\">\u2022    <\/span>In compliance with the provisions of sections 108, 110 and other applicable provisions of the Act read with rules issued thereunder & the general circulars issued in this regard by the Ministry of Corporate Affairs ('MCA') and the Listing Regulations, 2015 the Company provided the facility to the members to exercise votes through electronic voting system (\u2018remote e-voting\u2019) for postal ballot conducted during the year under review. The Company had engaged the services of its registrar and share transfer agent, i.e., KFin Technologies ltd. for the purpose of providing remote e-voting facility to all its members. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\"><span class=\"Bullet\">\u2022    <\/span>Postal ballot notices, <i>inter alia<\/i>, detailing the voting instructions were sent through email only, to all those members who had registered their email addresses with the Company\/depositories, in view of the relaxation granted by MCA. The Company also provides instructions to register the mail address to the members who have not registered the same, to enable the Company to provide all communications through email. The notices of aforementioned postal ballot are available on the Company\u2019s website at <a href=\"https:\/\/www.bajajauto.com\/investors\/disclosures\"><span class=\"Hyperlink\">https:\/\/www.bajajauto.com\/investors\/disclosures<\/span><\/a> <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\"><span class=\"Bullet\">\u2022    <\/span>The Company also published notice in the newspapers for the information of the members. Voting rights were reckoned on the equity shares held by the members as on the cut-off date.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\"><span class=\"Bullet\">\u2022    <\/span>Pursuant to the provisions of the Act, the Company had appointed a scrutiniser for conducting the postal ballot process in a fair and transparent manner. The scrutiniser submited his consolidated report to the Chairman and the voting results were announced by the Chairman by placing the same along with the scrutiniser\u2019s report on the Company\u2019s website, besides being communicated to the stock exchanges. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head03\">Related party transactions<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">All related party transactions (RPTs) entered into by the Company during the year under review, were on an arm\u2019s length basis and in the ordinary course of business and were not material in terms of regulation 23 of the Listing Regulations, 2015. Prior approval of the Audit Committee was obtained for all related party transactions. On a quarterly basis, details of such transactions were placed before the Audit Committee for noting\/review.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">During FY2026 approval of the shareholders\u2019 on <i>post-facto<\/i> basis was sought for the material Related Party Transaction(s) between Bajaj Auto International Holdings BV, a wholly owned subsidiary of the Company and Pierer Bajaj AG (\u2018PBAG\u2019), subsequently renamed \u2018Bajaj Auto International Holdings AG\u2019, PIERER Mobility AG (\u2018PMAG\u2019), subsequently renamed \u2018Bajaj Mobility AG\u2019 and KTM AG for restructuring support for KTM AG and its two subsidiaries. Details of the same are provided in the <i>Directors\u2019 Report<\/i> which forms part of this Annual Report. The RPTs undertaken by the Company were in compliance with the applicable provisions of the Act, the Listing Regulations, 2015 and as per the Company\u2019s Policy on materiality of & dealing with related party Transactions. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">A statement showing the disclosure of transactions with related parties as required under Indian Accounting Standard 24 (Ind AS-24) is set out separately in this Annual Report. Disclosures relating to RPTs on a half-yearly basis are filed with the stock exchanges.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The Policy on materiality of & dealing with Related Party Transactions was reviewed and revised by the Board during the year under review to incorporate the recent amendments to the Listing Regulations, 2015, the copy of which is available on the Company\u2019s website at <a href=\"https:\/\/www.bajajauto.com\/investors\/policies-codes\"><span class=\"Hyperlink\">https:\/\/www.bajajauto.com\/investors\/policies-codes<\/span><\/a> <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head03\">Subsidiary companies<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The Company has two Indian subsidiaries, viz. Bajaj Auto Technology Ltd. and Bajaj Auto Credit Ltd. and overseas subsidiaries namely, PT. Bajaj Auto Indonesia, Bajaj Auto International Holdings BV ('BAIH BV'), Netherlands, Bajaj Auto (Thailand) Ltd., Bajaj Auto Spain, S. L.U. and Bajaj Do Brasil Comercio De Motocicletas Ltda. During the year, the Company through its wholly owned subsidiary BAIH BV, Netherlands acquired controlling stake in Bajaj Auto International Holdings AG (formerly Pierer Bajaj AG) ('BAIH AG'), Bajaj Mobility AG (formerly PIERER Mobility AG) ('BMAG') and KTM AG including its subsidiaries. Thereby BAIH AG, BMAG, KTM AG and their other group entities have became step-down subsidiaries of the Company. The details of acquisitions are provided in the <i>Directors' Report<\/i> which forms part of this Annual report.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head03\">Material Subsidiaries<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">During FY 2026, none of these subsidiaries are \u2018material subsidiaries\u2019 as defined under regulation 16(1)(c) of the Listing Regulations, 2015, as amended.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">However, based on the audited financial statements as on 31 March 2026, the Board of Directors has identified BAIH BV, BAIH AG, BMAG and KTM AG as material subsidiaries of the Company for FY2027, in accordance with regulation 16(1)(c) & 24(1) of the Listing Regulations, 2015 and the Company\u2019s policy for determining material subsidiaries. The Company is in the process of establishing the necessary governance framework, oversight mechanisms and reporting processes for these entities, in line with applicable regulatory requirements.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The Company\u2019s Policy for determining Material Subsidiaries, in terms of the recent amendments to regulation 16(1)(c) of the Listing Regulations, 2015, is placed on the Company\u2019s website at <a href=\"https:\/\/www.bajajauto.com\/investors\/policies-codes\"><span class=\"Hyperlink\">https:\/\/www.bajajauto.com\/investors\/policies-codes<\/span><\/a> <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">Provisions to the extent applicable and as required under regulation 24 of the Listing Regulations, 2015 with reference to subsidiary companies were duly complied with.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">During the year, the Audit Committee reviewed the financial statements (in particular, the investments made) of its unlisted subsidiary companies, to the extent applicable. Minutes of the Board meetings of the subsidiary companies as well as a statement of significant transactions and arrangements entered into by the subsidiaries, as applicable, were regularly placed before the Board of the Company.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">During FY2026, no company ceased to be the Company\u2019s subsidiary company or joint venture company.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head03\">Code of conduct<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">Regulation 17(5) of the Listing Regulations, 2015, requires listed companies to lay down a code of conduct for its directors and senior management, incorporating duties of independent directors as laid down in the Act.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The Company has a Board approved Code of Conduct for Board members and senior management of the Company. Based on the review, the Code of Conduct was revised in line with the amendments to the applicable regulations and was duly approved by the Board at its meeting held on 18 March 2025. The updated Code has been placed on the Company\u2019s website at<a href=\"https:\/\/www.bajajauto.com\/investors\/policies-codes\"><span class=\"Hyperlink\"> <\/span><span class=\"Hyperlink\">https:\/\/www.bajajauto.com\/investors\/policies-codes<\/span><\/a> <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">All directors and senior management personnel have affirmed compliance with the Code for FY2026. A declaration to this effect signed by the Managing Director and CEO is given in this Corporate Governance Report.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head03\">Disclosure of material transactions<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">Pursuant to regulation 26(5) of the Listing Regulations, 2015, senior management has made periodical disclosures to the Board relating to all material financial and commercial transactions, where they had (or were deemed to have had) personal interest that might have been in potential conflict with the interest of the Company. There was only one case involving a member of the senior management. In this instance, the disclosure was discussed, reviewed and found to be in order by the Board.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head03\">Review of legal compliance reports<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The Company has in place a robust legal compliance reporting system and the same is reviewed from time to time. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The Board periodically reviews compliance reports with respect to the various laws applicable to the Company, as prepared and placed before it by the Management.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head03\">Compliances by the Company<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\"><span class=\"Bullet\">\u2022    <\/span>There were no non-compliance of any legal requirements; nor has there been any penalty or stricture imposed on the Company by any stock exchange, the Securities and Exchange Board of India or any statutory authority on any matter related to capital markets during the last three years.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\"><span class=\"Bullet\">\u2022    <\/span>The Company has complied with the requirements specified in regulations 17 to 27 and clauses (b) to (i) of regulation 46(2) of the Listing Regulations, 2015.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\"><span class=\"Bullet\">\u2022    <\/span>The Managing Director and CEO and the CFO have certified to the Board regarding the financial statements and other such matters as required under regulation 17(8) read with part B of schedule II to the Listing Regulations, 2015.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\"><span class=\"Bullet\">\u2022    <\/span>The Company has complied with all the disclosure requirements of Corporate Governance Report as specified under schedule V to the Listing Regulations, 2015.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\"><span class=\"Bullet\">\u2022    <\/span>The Company has not been informed of any agreement under regulation 30A(1) read with clause 5A of paragraph A of part A of schedule III to the Listing Regulations, 2015. Accordingly, there were no disclosures under the said provisions to the stock exchanges.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head03\">Compliances regarding Insider Trading<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">Pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended, (\u2018SEBI PIT Regulations\u2019) the Company has a Board approved Code of Conduct to regulate, monitor and report trading by its Designated Persons and immediate relatives of Designated Persons (\u2018Code of Conduct\u2019) and a Code of practices and procedures for Fair Disclosure of Unpublished price sensitive Information (\u2018Code of Fair Disclosure\u2019).<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">Wherever non-compliance by an employee concerned was observed, penalty was levied and the amount was remitted to the stipulated fund.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">In order to spread awareness on prevention of insider trading and to aid the designated persons to fulfil their obligations under the SEBI PIT Regulations, the Company periodically circulates informatory emails along with the code and policies on Insider Trading, Do\u2019s and Dont's, etc. In addition to this, training sessions are conducted by the officials of secretarial department in order to educate and sensitise the designated persons. Online training followed by assessment has been initiated.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The Audit Committee and the Board at its meeting held on 18 March 2026 had reviewed the compliance in terms regulation 9A(4) of the SEBI PIT Regulations and confirmed that the systems for internal control with respect to the SEBI PIT Regulations are adequate and are operating effectively.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head03\">Disclosure under Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">This disclosure is given in the <i>Directors\u2019 Report<\/i>.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head03\">Whistle Blower Policy\/Vigil mechanism<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The Company has a Whistle Blower Policy encompassing vigil mechanism pursuant to the requirements of section 177(9) of the Act and regulation 22 of the Listing Regulations, 2015. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The Whistle Blower Policy\/vigil mechanism provides a route for directors\/employees to report, without fear of victimisation, any unethical behaviour, suspected or actual fraud, violation of the Company\u2019s code of conduct and instances of leak of unpublished price sensitive information, which are detrimental to the organisation\u2019s interest. The mechanism protects whistle blower from any kind of discrimination, harassment, victimisation or any other unfair employment practice.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The said policy has been appropriately communicated to the employees within the organisation and also has been placed on the Company\u2019s website at<span class=\"Hyperlink\"> <\/span><a href=\"https:\/\/www.bajajauto.com\/investors\/policies-codes\"><span class=\"Hyperlink\">https:\/\/www.bajajauto.com\/investors\/policies-codes<\/span><\/a><span class=\"Hyperlink\"> <\/span><\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The directors in all cases and employees in appropriate cases have direct access to the Chairman of the Audit Committee. The Company affirms that no employee has been denied access to the Audit Committee, which is charged with overseeing this policy.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">During the year under review, eleven complaints were received under the above mechanism. The cases investigated were mainly in nature of fraud, misbehaviour, undue pressure, vendor favouritism, violation and misrepresentation of company\u2019s policies\/code of conduct etc. Appropriate actions have been taken in these matters and reporting the matter to the statutory auditors and the Audit Committee. The financial impact of the reported cases was insignificant and caused no material damages to the Company.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head02-\">Dividend Distribution Policy<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The Company has adopted a Dividend Distribution Policy. More particulars are given in the <i>Directors\u2019 Report<\/i>. The said policy is available on the Company\u2019s website at <a href=\"https:\/\/www.bajajauto.com\/investors\/policies-codes\"><span class=\"Hyperlink\">https:\/\/www.bajajauto.com\/investors\/policies-codes<\/span><\/a><\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head02-\">Disclosures in financial statements<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">Suitable disclosures have been made in the financial statements, together with the Management\u2019s explanation in the event of any treatment being different from that prescribed in the Ind AS.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head02-\">Disclosure of commodity price risk or foreign exchange risk and hedging activities<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">During FY2026, the Company neither traded in nor had any exposure in commodities markets.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The details of Company\u2019s foreign currency risk and hedging are provided in the notes to the standalone financial statements.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head02-\">Details of utilisation of funds raised through preferential allotment or qualified institutions placement as specified under regulation 32(7A) of the Listing Regulations, 2015 <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The Company has not raised funds through preferential allotment or qualified institutions placement during the year under review.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head02-\">Disclosure of loans and advances in the nature of loans to firms\/companies in which directors are interested.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">During FY2026, the Company and its subsidiaries have not provided any loans and advances in the nature of loans to firms\/companies in which its directors are interested in terms of provisions of section 184 of the Act.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head02-\">Means of communication<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\"><span class=\"Bullet\">\u2022   <\/span><span class=\"Bold\">Publication of financial results and other notices:<\/span> Quarterly, half-yearly and annual financial results of the Company and other public notices issued for the shareholders are published in leading English and Marathi language dailies, such as Financial Express and Kesari \u2013 Pune edition. An official press release is also issued. The half-yearly results are also sent via email to the shareholders, whose email addresses are registered with the Company.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\"><span class=\"Bullet\">\u2022   <\/span><span class=\"Bold\">Company website: <\/span>A separate dedicated section \u2018Shareholders\u2019 is maintained on the Company\u2019s website, viz. <a href=\"www.bajajauto.com\"><span class=\"Hyperlink\">www.bajajauto.com<\/span><\/a> for ease of access to the shareholders. The information required to be disseminated as per regulations 30 and 46 of the Listing Regulations, 2015 and the applicable provisions of the Act is made available on the Company\u2019s website. These more particularly include quarterly financial results, annual reports, press releases, earnings call transcripts, corporate governance policies and codes, shareholding pattern and other disclosures filed with the stock exchanges, details of the corporate contact persons and registrar and share transfer agent of the Company, etc.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\"><span class=\"Bullet\">\u2022   <\/span><span class=\"Bold\">Analysts\/Institutional investors meet: <\/span>The Company conducts quarterly conference calls\/meetings with analysts\/institutional investors immediately after declaration of financial results to brief them on the performance of the Company. In compliance with regulation 46 of the Listing Regulations, 2015, the schedule, audio recordings and transcripts of the analyst\/institutional investor conference call are hosted on the Company\u2019s website besides being communicated to the stock exchanges. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\"><span class=\"Bullet\">\u2022   <\/span><span class=\"Bold\">Stock exchange(s) intimations: <\/span>All financial and other vital official news releases and documents under the Listing Regulations, 2015 are also communicated to BSE Ltd. (BSE) and National Stock Exchange of India Ltd. (NSE), where shares of the Company are listed, besides being placed on the Company's website.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\"><span class=\"Bullet\">\u2022   <\/span><span class=\"Bold\">Communication to investors: <\/span>Sections 20 and 136 of the Act read with the Companies (Accounts) Rules, 2014 and the applicable provisions of the Listing Regulations, 2015 permit companies to service delivery of documents electronically at the registered member\u2019s\/shareholder\u2019s email addresses. During the year under review, the Company sent documents, such as notice calling the general meeting\/postal ballot, audited financial statements, directors\u2019 report, auditors\u2019 report, credit of dividend intimation letters, half-yearly financial results etc. in electronic form at the email addresses provided by the shareholders and made available by them to the Company through the depositories. Shareholders desiring to receive the said documents in printed form continue to get the same upon request. The Company has a dedicated email address exclusively for investor services, viz. <a href=\"mailto:investors@bajajauto.co.in\"><span class=\"Hyperlink\">investors@bajajauto.co.in<\/span><\/a> and the same is prominently displayed on the Company\u2019s website.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head03\">Statutory Auditors <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">S R B C & CO LLP, Chartered Accountants (Firm Registration No. 324982E\/E300003) are the statutory auditors of the Company. Total fees paid by the Company and its subsidiaries, on a consolidated basis to the auditors including all entities in their network firm\/network entity of which they are a part is given below:<\/p>\n\t\t\t<table id=\"table023\" class=\"No-Table-Style TableOverride-4\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-76\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-77\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-78\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-6\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-22\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-6\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-79\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-80\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_02_Table_Rupees_In_Crore CellOverride-16\" colspan=\"7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Head_16_Rupees_In_Crore\">(\u20b9 In Crore)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-31\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9--05-Particulars-Left-\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Thickline-Black--Left-\" lang=\"en-GB\">Sr. No.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-1 _idGenCellOverride-15\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9--05-Particulars-Left-\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Thickline-Black--Left-\" lang=\"en-GB\">Particulars<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9--05-Particulars--Center- CellOverride-1 _idGenCellOverride-12\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9--05-Particulars--Center-\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Thickline-Black--Center-\" lang=\"en-GB\">Statutory Audit Fee<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9--05-Particulars--Center- CellOverride-1 _idGenCellOverride-12\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9--05-Particulars--Center-\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Thickline-Black--Center-\" lang=\"en-GB\">Other Services<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9--00-Blank-Cell CellOverride-17 _idGenCellOverride-16\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9--00-Blank-Cell CellOverride-1 _idGenCellOverride-12\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9--00-Blank-Cell CellOverride-17 _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\"><span class=\"CharOverride-5\">    <\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9--00-Blank-Cell CellOverride-1 _idGenCellOverride-12\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9--00-Blank-Cell CellOverride-17 _idGenCellOverride-16\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9--00-Blank-Cell CellOverride-1 _idGenCellOverride-12\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9--00-Blank-Cell CellOverride-17 _idGenCellOverride-16\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9-Text CellOverride-18\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">1<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-19 _idGenCellOverride-11\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9-Text CellOverride-18\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">Bajaj Auto Ltd. <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-19 _idGenCellOverride-11\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9-Figure CellOverride-20 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\" lang=\"en-GB\">2.70<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-21 _idGenCellOverride-11\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9-Figure CellOverride-20 _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\" lang=\"en-GB\">2.89<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9-Text\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">2<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-1 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9-Text\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">PT. Bajaj Auto Indonesia<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-1 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9-Figure _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\" lang=\"en-GB\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-1 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9-Figure _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\" lang=\"en-GB\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9-Text\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">3<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-1 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9-Text\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">Bajaj Auto International Holdings BV, Netherlands<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-1 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9-Figure _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\" lang=\"en-GB\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-1 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9-Figure _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\" lang=\"en-GB\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9-Text\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">4<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-1 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9-Text\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">Bajaj Auto (Thailand) Ltd.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-1 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9-Figure _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\" lang=\"en-GB\">0.08<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-1 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9-Figure _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\" lang=\"en-GB\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9-Text\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">5<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-1 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9-Text\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">Bajaj Auto Technology Ltd.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-1 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9-Figure _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\" lang=\"en-GB\">0.06<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-1 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9-Figure _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\" lang=\"en-GB\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9-Text\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">6<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-1 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9-Text\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">Bajaj Auto Credit Ltd.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-1 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9-Figure _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\" lang=\"en-GB\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-1 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9-Figure _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\" lang=\"en-GB\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9-Text\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">7<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-1 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9-Text\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">Bajaj Auto Spain, S.L.U.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-1 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9-Figure _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\" lang=\"en-GB\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-1 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9-Figure _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\" lang=\"en-GB\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9-Text\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">8<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9-Text\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">Bajaj Do Brasil Comercio De Motocicletas Ltda<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9-Figure _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\" lang=\"en-GB\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _R9-_-R9-Figure _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\" lang=\"en-GB\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head03\">Certificate on corporate governance<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The Company has obtained the certificate from Devendra Deshpande, Practising Company Secretary (Membership No. FCS 6099, CP No. 6515) regarding compliance with the provisions relating to corporate governance laid down in part E of schedule V to the Listing Regulations, 2015. The certificate is annexed to this Corporate Governance Report.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head03\">Compliance of mandatory and discretionary requirements<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head03\">Mandatory<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The Company has complied with all the mandatory requirements of the Listing Regulations, 2015.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head03\">Discretionary<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The Company has also complied with the discretionary requirements as under:<\/p>\n\t\t\t<table id=\"table024\" class=\"Basic-Table TableOverride-4\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-29\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-30\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text-Bold-\" lang=\"en-GB\">1.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text-Bold-\" lang=\"en-GB\">The Board<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-31\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">A Chairman\u2019s office has been made available for the non-executive Chairman. He is allowed reimbursement of expenses incurred in performance of his duties.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text-Bold-\" lang=\"en-GB\">2.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text-Bold-\" lang=\"en-GB\">Shareholder rights<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-31\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">The annual financial results of the Company are sent to the shareholders and also posted on the Company\u2019s website; extracts of these results in the prescribed format are published in newspapers on an all-India basis.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-24\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">As a part of good corporate governance practice, the Company sends its half yearly financial results to shareholders whose email addresses are registered with the depository participants through email after they are approved by the Board and disseminated to the stock exchanges.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text-Bold-\" lang=\"en-GB\">3.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text-Bold-\" lang=\"en-GB\">Modified opinion(s) in audit report<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">The Company confirms that its financial statements are with unmodified audit opinion.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text-Bold-\" lang=\"en-GB\">4.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text-Bold-\" lang=\"en-GB\">Separate posts of Chairperson and the Managing Director<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-31\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">The positions of Chairperson and Managing Director are held by two different persons who are not related to each other.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text-Bold-\" lang=\"en-GB\">5.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-00-RunningText\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text-Bold-\" lang=\"en-GB\">The internal auditor reports directly to the Audit Committee.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head01\">Policies<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The Company has various policies and codes, duly approved by the Board. The same are reviewed periodically, to incorporate the changes required in terms of the amendments to the applicable laws or as per the changing business dynamics. The following contains the link to key policies and codes adopted by the Company:<\/p>\n\t\t\t<table id=\"table025\" class=\"No-Table-Style TableOverride-3\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-29\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-6\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-52\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-6\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-81\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<thead>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<th class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente\" scope=\"col\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_20_Table_Thickline_Center-Head\" lang=\"en-GB\">Sr. No. <\/p>\n\t\t\t\t\t\t<\/th>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-1 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<th class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente\" scope=\"col\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_20_Table_Thickline_Center-Head\" lang=\"en-GB\">Name of Policy<\/p>\n\t\t\t\t\t\t<\/th>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-1 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<th class=\"No-Table-Style _1_Table_NF_Table_Thickline_Black_Cente\" scope=\"col\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_20_Table_Thickline_Center-Head\" lang=\"en-GB\">Website Link<\/p>\n\t\t\t\t\t\t<\/th>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-12\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-2\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-1\" \/>\n\t\t\t\t\t\t<th class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-3\" scope=\"col\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\"><span class=\"CharOverride-5\">     <\/span><\/p>\n\t\t\t\t\t\t<\/th>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-4\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/thead>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">1<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-10\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Whistle Blower Policy\/Vigil Mechanism<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-10\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\"><a href=\"https:\/\/www.bajajauto.com\/-\/media\/bajajauto\/Investors\/code-policy\/Whistle-Blower-Policy.ashx\"><span class=\"Hyperlink\">https:\/\/www.bajajauto.com\/-\/media\/bajajauto\/Investors\/code-policy\/Whistle-Blower-Policy.ashx<\/span><\/a><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-13\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">2<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Remuneration Policy<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\"><a href=\"https:\/\/www.bajajauto.com\/-\/media\/bajaj-auto\/Investors\/Codes-Policies\/Corporate-Governance\/BAL---Revised-Remuneration-Policy-25-Apr-2023.ashx\"><span class=\"Hyperlink\">https:\/\/www.bajajauto.com\/-\/media\/bajaj-auto\/Investors\/Codes-Policies\/Corporate-Governance\/BAL—Revised-Remuneration-Policy-25-Apr-2023.ashx<\/span><\/a><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">3<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Policy of materiality of & dealing with related party transactions<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\"><a href=\"https:\/\/www.bajajauto.com\/-\/media\/bajaj-auto\/investors\/codes-policies\/corporate-governance\/final-rpt-policy.pdf\"><span class=\"Hyperlink\">https:\/\/www.bajajauto.com\/-\/media\/bajaj-auto\/investors\/codes-policies\/corporate-governance\/final-rpt-policy.pdf<\/span><\/a><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-13\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">4<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Policy for determining material subsidiaries<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\"><a href=\"https:\/\/www.bajajauto.com\/-\/media\/bajaj-auto\/investors\/codes-policies\/corporate-governance\/policy-for-determining-material-subsidiaries-7425.pdf\"><span class=\"Hyperlink\">https:\/\/www.bajajauto.com\/-\/media\/bajaj-auto\/investors\/codes-policies\/corporate-governance\/policy-for-determining-material-subsidiaries-7425.pdf<\/span><\/a><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-13\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">5<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Policy on determination of materiality for disclosure of events or information<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\"><a href=\"https:\/\/www.bajajauto.com\/-\/media\/bajaj-auto\/investors\/codes-policies\/corporate-governance\/signed--bal-materiality-policy-06052026.pdf\"><span class=\"Hyperlink\">https:\/\/www.bajajauto.com\/-\/media\/bajaj-auto\/investors\/codes-policies\/corporate-governance\/signed–bal-materiality-policy-06052026.pdf<\/span><\/a><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-13\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">6<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Performance evaluation criteria for Board, committees of Board, and directors<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\"><a href=\"https:\/\/www.bajajauto.com\/-\/media\/bajaj-auto\/investors\/codes-policies\/corporate-governance\/bal-pe-criteria-28-january-2025.pdf\"><span class=\"Hyperlink\">https:\/\/www.bajajauto.com\/-\/media\/bajaj-auto\/investors\/codes-policies\/corporate-governance\/bal-pe-criteria-28-january-2025.pdf<\/span><\/a><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-13\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">7<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Dividend Distribution Policy<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\"><a href=\"https:\/\/www.bajajauto.com\/-\/media\/bajaj-auto\/investors\/codes-policies\/corporate-governance\/dividend-distribution-policy---18-october-2023.pdf\"><span class=\"Hyperlink\">https:\/\/www.bajajauto.com\/-\/media\/bajaj-auto\/investors\/codes-policies\/corporate-governance\/dividend-distribution-policy—18-october-2023.pdf<\/span><\/a><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">8<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Corporate Social Responsibility Policy<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\"><a href=\"https:\/\/www.bajajauto.com\/-\/media\/bajajauto\/Investors\/code-policy\/BAL-Revised-CSR-Policy-29-April-2021.ashx\"><span class=\"Hyperlink\">https:\/\/www.bajajauto.com\/-\/media\/bajajauto\/Investors\/code-policy\/BAL-Revised-CSR-Policy-29-April-2021.ashx<\/span><\/a><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-13\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">9<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Code of practices and procedures for fair disclosure of unpublished price sensitive information<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\"><a href=\"https:\/\/www.bajajauto.com\/-\/media\/bajaj-auto\/investors\/codes-policies\/corporate-governance\/bal--code-for-fair-disclosure-of-upsi--29may2025.pdf\"><span class=\"Hyperlink\">https:\/\/www.bajajauto.com\/-\/media\/bajaj-auto\/investors\/codes-policies\/corporate-governance\/bal–code-for-fair-disclosure-of-upsi–29may2025.pdf<\/span><\/a><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-13\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">10<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Code of Conduct for directors and senior management.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\"><a href=\"https:\/\/www.bajajauto.com\/-\/media\/bajaj-auto\/investors\/codes-policies\/corporate-governance\/bal-code-for-directors-sr-mgt-18-mar-25.pdf\"><span class=\"Hyperlink\">https:\/\/www.bajajauto.com\/-\/media\/bajaj-auto\/investors\/codes-policies\/corporate-governance\/bal-code-for-directors-sr-mgt-18-mar-25.pdf<\/span><\/a><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"No-Table-Style _idGenTableRowColumn-13\">\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain ParaOverride-3\">11<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\">Archival Policy<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Blank-Cell CellOverride-2\" \/>\n\t\t\t\t\t\t<td class=\"No-Table-Style _1_Table_NF_Text_Black _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_Table-Body-Text_23_Table_Text_Plain\"><a href=\"https:\/\/www.bajajauto.com\/-\/media\/bajaj-auto\/Investors\/Codes-Policies\/Corporate-Governance\/bal-policy-on-archival-of-disclosures.ashx\"><span class=\"Hyperlink\">https:\/\/www.bajajauto.com\/-\/media\/bajaj-auto\/Investors\/Codes-Policies\/Corporate-Governance\/bal-policy-on-archival-of-disclosures.ashx<\/span><\/a><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head01 ParaOverride-6\">Report on corporate governance<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">This chapter, read together with the information given in the <i>Directors\u2019 Report<\/i> and the chapters on <i>Management Discussion and Analysis<\/i> and <i>General Shareholder Information<\/i>, constitute the compliance report on corporate governance for FY2026. The Company has been regularly forwarding the quarterly compliance report to the stock exchanges as required under regulation 27(2) of the Listing Regulations, 2015. During the year under review, no cyber security incidents or breaches or loss of data or documents were observed in quarterly compliance report.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Sub_Head01\">Declaration by Chief Executive Officer (MD)<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">[Regulation 34(3) read with schedule V (part D) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015]\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">I, Rajiv Bajaj, Managing Director and CEO of Bajaj Auto Ltd. hereby declare that all the members of Board of Directors and Senior Management have affirmed compliance with the Code of Conduct for Board of Directors and Senior Management of the Company for the year ended 31 March 2026. <\/p>\n\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">Rajiv Bajaj<\/p>\n\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">Managing Director and CEO <\/p>\n\t\t\t<p class=\"_R9-_-R9-Text\" lang=\"en-GB\">Pune: 06 May 2026<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Main_Head\"><span class=\"CharOverride-10\">Annexure to the Corporate Governance Report<\/span><\/p>\n\t\t\t<p class=\"_3_Chapter_Head_02_Sub_Head-\">Certificate of compliance of conditions of Corporate Governance<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text ParaOverride-7\">[As per provisions of Chapter IV of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended]\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text ParaOverride-8\">To,<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">The Members,<br \/><span class=\"Bold\">Bajaj Auto <\/span><span class=\"Bold CharOverride-6\">l<\/span><span class=\"Bold\">td.,<br \/><\/span>Bajaj Auto <span class=\"CharOverride-6\">l<\/span>td. Complex, Mumbai – Pune Road, <br \/>Akurdi, Pune-411035<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\">1. We have examined the compliance of conditions of Corporate Governance by Bajaj Auto <span class=\"CharOverride-6\">l<\/span>td. ('the Company') as stipulated under regulations 17 to 27, clauses (b) to (i) and (t) of sub – regulation (2) of regulation 46 and para C, D, and E of schedule V of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ('the Listing Regulations') (\u2018Applicable criteria\u2019) for the year ended 31 March 2026 as required by the Company for annual submission to the stock exchange. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\">2. The compliance of conditions of Corporate Governance is the responsibility of the Management. Our examination was limited to procedures and implementation thereof, adopted by the Company for ensuring the compliance of the conditions of Corporate Governance. It is neither an audit nor an expression of opinion on the financial statements of the Company.<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\">3. In our opinion and to the best of our information and according to the explanations given to us, we certify that the Company has complied with the conditions of Corporate Governance as stipulated in the above-mentioned SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the period as mentioned above <i>except that Bajaj Auto International Holdings BV (registered in the Netherlands), a wholly owned subsidiary of the Company has entered into material related party transaction with Pierer Bajaj AG, PIERER Mobility AG and KTM AG (registered in Austria) for restructuring support for KTM AG and its subsidiaries, related parties of the Company, without obtaining prior approval of the shareholders as per regulation 23 of the Listing Regulations. However, the transaction was subsequently approved by the shareholders.<\/i><\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text_1st-Indent\">4. We further state that such compliance is neither an assurance as to the future viability of the Company nor the efficiency or effectiveness with which the Management has conducted the affairs of the Company. <\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\">FOR DVD & ASSOCIATES<br \/>COMPANY SECRETARIES<\/p>\n\t\t\t<p class=\"_3_Chapter_Head_NF_Body-Text\"><br \/>Devendra V Deshpande<br \/>Proprietor<br \/>FCS No. 6099 CP No. 6515 <br \/>PR NO: 7711\/2026<br \/>Place: Pune<br \/>Date: 06 May 2026<br \/>UDIN: F006099H000287138<\/p>\n\t\t<\/div>\n\t<\/body>\n<\/html>\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n\n\t\t<\/div>\n\n\t\t\n<style>\n#section_1843510125 {\n padding-top: 30px;\n padding-bottom: 30px;\n}\n<\/style>\n\t<\/section>\n\t\n\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-blank.php","meta":{"footnotes":""},"class_list":["post-38","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - 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