#1103

Shekhar Bajaj

India 78 years old

Overview

Source of Wealth
Diversified
Industry
Diversified
Residence
Mumbai
Education
New York University (Master of Business Administration)
Pune University (Bachelor of Science)
Marital Status
Married
Children
1

Assets

  • Bajaj Auto
    9,740,000 shares @ -
    -
    532977-IN
  • Bajaj Electricals
    12,130,000 shares @ -
    -
    500031-IN
  • Bajaj Finance
    33,290,000 shares @ -
    -
    500034-IN
  • Bajaj Finserv
    59,000,000 shares @ -
    -
    532978-IN
  • Bajaj Holdings & Investment Ltd.
    9,826,000 shares @ -
    -
    500490-IN
  • Bajel Projects
    12,030,000 shares @ -
    -
    544042-IN
  • Hercules Hoists
    3,722,000 shares @ -
    -
    505720-IN
  • INDEF Manufacturing
    3,722,000 shares @ -
    -
    544364-IN
  • Mukand
    18,760,000 shares @ -
    -
    500460-IN

Biography

Shekhar Bajaj hails from the storied clan behind the nearly century-old Bajaj Group.

The group was chaired by his 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.

Shekhar Bajaj, a New York University business grad, is chairman and managing director of consumer durables company Bajaj Electricals.

In 2025, the family agreed to buy out Germant giant Allianz's stake In their two insurance joint ventures for $2.8 billion.