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Shekhar Bajaj to move to Non-Executive Director role; Sudarshan Sampathkumar appointed Non-Executive Chairman

Shekhar Bajaj steps down as Executive Chairman on 31 Dec 2026; from 1 Jan 2027 he becomes Non-Executive Director and Chairman Emeritus.

By ScoutQuest · Wed 28 Oct 2026, 10:01 PM IST · 2 min read

Executive Chairman transition date

Shekhar Bajaj steps down as Executive Chairman on 31 Dec 2026

New Non-Executive Chairman effective date

Sudarshan Sampathkumar appointed Non-Executive Chairman from 1 Jan 2027

MD & CEO continuity

Sanjay Sachdeva continues as MD & CEO

What was announced

The Board of Directors approved an evolution in the company's Board leadership. Mr. Shekhar Bajaj will transition out of his current role as Executive Chairman, effective 31 Dec 2026. Effective 1 Jan 2027, subject to shareholder approval, he will become a Non-Executive Director on the Board, and from the same date will also carry the honorary title of Chairman Emeritus.

Mr. Sudarshan Sampathkumar, currently an Independent Director of the company, has been appointed Non-Executive Chairman of the Board, effective 1 Jan 2027, subject to shareholder approval.

Mr. Sanjay Sachdeva continues as Managing Director and Chief Executive Officer.

How the roles are split

The update says the new governance model provides a clear separation between executive management and Board leadership. The Managing Director leads and runs the company, while the Non-Executive Chairman leads the Board and enables it to discharge its collective responsibilities for governance, performance oversight, succession and risk.

The company describes the step as reflecting its continued transition towards a professionally managed and Board-led governance model.

Continuity

The Bajaj family remains committed to the company as its long-term promoter and shareholder. Mr. Shekhar Bajaj, Ms. Pooja Bajaj and Mr. Nirav Bajaj will continue to serve on the Board.

Mr. Sachdeva said the management team remains fully accountable for developing and executing the company's strategy and delivering sustainable performance, supported by the Board's guidance and oversight.

Key dates

• 31 Dec 2026: Mr. Shekhar Bajaj transitions out of the Executive Chairman role
• 1 Jan 2027: Mr. Sudarshan Sampathkumar takes over as Non-Executive Chairman; Mr. Shekhar Bajaj becomes Non-Executive Director and Chairman Emeritus

What a reader can take away

Both the appointment of the new Non-Executive Chairman and Mr. Shekhar Bajaj's move to Non-Executive Director are subject to shareholder approval. Mr. Shekhar Bajaj, who has been at the helm for over 40 years, said he remains a shareholder and Board member and will support the company's continued progress.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

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