Shareholders meeting

25 June 2026 To To Corporate Relations Department. Corporate Listing Department. BSE Limited National Stock Exchange of India Ltd. 1st Floor, New Trading Ring Exchange Plaza, 5th Floor Rotunda Building, P J Tower Plot No.C-1, G Block Dalal Street, Fort, Mumbai 400 001. Bandra-Kurla Complex Bandra (East), MUMBAI 400 051. BSE CODE: 532977 NSE CODE: BAJAJ-AUTO Subject: Notice of 19th Annual General Meeting (AGM) Dear Sirs/Madam, This is further to our letter dated 06 May 2026, wherein the Company had informed that the AGM of the Company is scheduled to be held on Tuesday, 21 July 2026. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, please find enclosed herewith Notice of 19th Annual General Meeting scheduled to be held on Tuesday, 21 July 2026 at the registered office of the Company at Mumbai-Pune Road, Akurdi, Pune 411035 through physical mode at 12:30 pm. The Notice is also available on the website of the Company, i.e. https://www.bajajauto.com/investors/financial-and-operational-performance and on the website of KFin Technologies Limited at www.kfintech.com Please take the above on your record. Thanking you, Yours faithfully, For Bajaj Auto Limited Rajiv Gandhi Company Secretary & Compliance Officer ACS 11263 Encl: As above. Registered Office Akurdi Pune 411035 India CIN L65993PN2007PLC130076 investors@bajajauto.co.in BAJAJ AUTO LTD. CIN: L65993PN2007PLC130076 Regd. Office: Bajaj Auto Ltd. Complex, Mumbai-Pune Road, Akurdi, Pune 411 035 E-mail ID: investors@bajajauto.co.in Website: www.bajajauto.com Phone: 020-6610 4481 Fax: 020-2740 7380 AGM NOTICE Notice is hereby given that the Nineteenth Annual General Meeting (‘AGM’) of the members of Bajaj Auto Ltd. (‘BAL’ or ‘the Company’) will be held on Tuesday, 21 July 2026 at 12:30 pm at the Registered Office of the Company at Mumbai-Pune Road, Akurdi, Pune 411035 to transact the following business: ORDINARY BUSINESS 1. To consider and adopt the audited standalone and consolidated financial statements of the Company for the financial year ended 31 March 2026, together with the Directors’ and Auditors’ Reports thereon. 2. To declare a dividend. 3. To appoint a director in place of Sanjiv Bajaj (DIN: 00014615), who retires by rotation in terms of section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment. SPECIAL BUSINESS 4. Ratification of the remuneration to the Cost Auditor. To consider and if thought fit, to pass, with or without modification(s), the following resolution as an ordinary resolution: “RESOLVED THAT pursuant to the provisions of section 148 and other applicable provisions, if any, of the Companies Act, 2013, (hereinafter referred to as ‘the Act’) read with the Companies (Audit and Auditors) Rules, 2014, as amended from time to time (including any statutory modification(s) or re-enactment(s) thereof, for the time being in force) the remuneration of H 5 Lakh plus taxes, out-of-pocket and travelling expenses, as approved by the Board of Directors, based on the recommendation of the Audit Committee for the financial year 2026-27, payable to R.B. Laddha & Co., Cost Accountants (Firm Registration No. 004689), as Cost Auditor of the Company for audit of the cost records maintained by the Company as prescribed under the Companies (Cost Records and Audit) Rules, 2014, as amended from time to time, in respect of the said financial year, be and is hereby ratified and confirmed.” “RESOLVED FURTHER THAT the Board of Directors of the Company be and is hereby authorised to do all such acts, deeds, matters and things as may be considered necessary, desirable or expedient to give effect to this resolution.” 5. Approval for payment of commission to Non-executive Directors for a period of five years commencing from 01 April 2026. To consider, and if thought fit, to pass with or without modification(s), the following resolution as a special resolution: “RESOLVED THAT pursuant to the provisions of section 197 read along with schedule V and other applicable provisions, if any, of the Companies Act, 2013, approval of the members be and is hereby accorded for the payment of commission of a sum not exceeding one percent per annum of the net profits of the Company, calculated in accordance with the provisions of section 198 of the Act to the directors of the Company or some or any of them (other than the Managing Director and Whole-time Directors, if any) in such amounts, subject to such ceiling/s and in such manner and in such respects, as may be decided by the Board of Directors of the Company and such payments shall be made in respect of the profits of the Company for each year for a period of five years commencing from 1 April 2026.” “PROVIDED THAT in the event of loss or inadequacy of profits in any financial year during the term mentioned above, the Non-executive Directors shall be paid remuneration by way of Commission as set out above, as may be decided by the Board of Directors of the Company, notwithstanding that it may exceed one percent of the net profits of the Company and subject to such restrictions, if any, as may be set out in the applicable provisions of and schedule V to the Act, from time to time.” 6. Appointment of Rakesh Sharma (DIN: 08262670) as Joint Managing Director of the Company with effect from 01 June 2026. To consider and, if thought fit, to pass with or without modification(s), the following resolution as a special resolution: “RESOLVED THAT in accordance with the provisions of section 152, 196, 197 and 203 of the Companies Act, 2013 read with schedule V and other applicable provisions of the Companies Act, 2013 and the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 (including any amendment(s) thereto or re-enactment(s) thereof for the time being in force), regulation 17(1C) Bajaj Auto Limited 19th Annual Report 2025-26 1 Notice of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘The Listing Regulations, 2015’) and such other provisions as may be applicable and based on the recommendation of Nomination and Remuneration Committee and approval by the Board, approval of the members be and is hereby accorded for the appointment of Rakesh Sharma (DIN: 08262670) as the Joint Managing Director (‘JMD’) of the Company with effect from 1 June 2026 upto 31 March 2029 (both days inclusive) liable to retire by rotation, upon the terms and conditions set out in the explanatory statement annexed to the Notice, including the remuneration to be paid in the event of loss or inadequacy of profits in any financial year during his said tenure within the overall limits of section 197 of the Act and in the agreement to be entered into between the Company and JMD, which agreement is hereby approved, with liberty to the Board of Directors, to alter or vary the terms & conditions and revision in the remuneration including payment of minimum remuneration as it may deem fit and in such manner as may be agreed to between the Board of Directors and JMD.” “RESOLVED FURTHER THAT based on the recommendation of Nomination and Remuneration Committee, the Board of Directors be and is hereby authorised to revise the remuneration of JMD from time to time, to the extent the Board of Directors may deem appropriate, provided that such revision is within the overall limits of the managerial remuneration as prescribed under the Act read with schedule V thereto, and/or any guidelines prescribed by the Government from time to time and the said agreement between the Company and JMD be suitably amended to give effect to such modification, relaxation or variation without any further reference to the members of the Company.” “RESOLVED FURTHER THAT the Board of Directors of the Company (including its Committee(s) thereof) and the Company Secretary of the Company, be and are hereby severally authorised to do all such acts, deeds, ma [Showing first 8,000 characters — download PDF for full document]