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| Exchange Disseminated Time | Bajaj Finserv Ltd has informed BSE that Shri. Kevin D’Sa is currently the CFO of Bajaj Auto Limited (BAL), Bajaj Finserv Limited (BPS) & Bajaj Holdings & Investment Limited (BHIL).
The Companies Act, 2013 which has now introduced the position of CFO as a KMP for the listed companies, provides inter alia that the KMP shall not hold office in more than one company. In terms of Section 203 of the said Act, Shri. Kevin D’sa, has chosen to continue as CFO in BAL, and decided to relinquish his position as CFO in BFS & BHIL w.e.f. October 01, 2014.
The Board at its meeting held on September 10, 2014 has appointed Shri. S Sreenivasan, President (Finance), as the new CFO of BFS, w.e.f. October 01, 2014. |
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