#257

Bajaj brothers

India

Overview

Source of Wealth
diversified
Industry
Diversified
Residence

Assets

  • Bajaj Auto
    29,580,000 shares @ -
    -
    532977-IN
  • Bajaj Electricals
    36,800,000 shares @ -
    -
    500031-IN
  • Bajaj Finance
    9,830,000 shares @ -
    -
    500034-IN
  • Bajaj Finserv
    18,320,000 shares @ -
    -
    532978-IN
  • Bajaj Holdings & Investment Ltd.
    28,960,000 shares @ -
    -
    500490-IN
  • Hercules Hoists
    10,810,000 shares @ -
    -
    505720-IN
  • Mukand
    55,000,000 shares @ -
    -
    500460-IN

Biography

Three Bajaj siblings, Niraj, Madhur and Shekhar Bajaj, hail from the storied clan behind the 96-year-old Bajaj Group.

The group was chaired by their late cousin Rahul Bajaj, who died in February 2022 at age 83.

The group is best known for motorcycle maker Bajaj Auto and financial services arm Bajaj Finserv.

Youngest sibling Niraj, a Harvard Business School grad, chairs Bajaj Auto, while the eldest Shekhar oversees Bajaj Electricals.

Madhur is vice chairman of Bajaj Auto and has board seats in other group firms.