Bajaj Auto Limited announced that the Members of the Company have approved the appointment of Ms. Vinita Bali as a Non-executive Independent Director of the Company for a term of five consecutive years with effect from April 1, 2024 up to March 31, 2029. Ms. Vinita Bali is a business leader with extensive experience in successfully leading large Companies both in India and overseas. Ms. Bali has a degree in Economics from the University of Delhi and a Masters in Management from the Jamnalal Bajaj Institute of Management Studies, University of Bombay.

She also pursued post graduate studies in International Business from Michigan State University. She started her career as a Management Trainee with Voltas Ltd. (A Tata Group Company), in the year 1977 after completing her MBA. In the year 1980, she joined Cadbury India as Brand Manager and rose rapidly to become the youngest General Manager of the Company.

She headed the Sales & Marketing function in South Africa in the year 1993-94, during the period of the most profound transition in the history of the country. In the year 1994 she joined The Coca-Cola Company as its Worldwide Marketing Director for Coca- Cola and played an instrumental role in doubling the brand's historical growth rate during the next 3 years. In the year 1997, she became Vice-President of Marketing for Latin America and in the year 1999 relocated to Chile as President of the Andean Division.

In the year 2001, she was made a Corporate Officer of The Coca-Cola Company and appointed Vice-President and Head of Global Business Strategy. She also represented The Coca-Cola Company on the Boards of The American Foundation for the Blind, New York, as well as the Center for Strategic and International Studies in Washington DC. In July 2003, she joined The Zyman Group, as Managing Principal and Head of the Business Strategy practice in the USA.

As a member of the Company's Board of Managers, Ms. Bali shared responsibility for developing and managing Zyman Group's consulting business. In the year 2005, following 16 years of overseas assignments, Ms. Bali returned to India as MD & CEO of Britannia Industries Ltd. where she significantly diversified the geographic and product portfolio, steered the Company towards the Health and Nutrition course, developed a successful Dairy business and more than quadrupled revenue. In the year 2009, she created Britannia Nutrition Foundation and has since then pioneered the cause of addressing malnutrition in India.

Presently, she is serving on the Global Boards of Cognizant Technology Solutions, SATS Ltd. and Board of Trustees of the Shell Foundation, U.K. In India, she currently serves as a Non-executive Director on the Boards of CRISIL Ltd. and Syngene International Ltd. and Chairs the CII National Committee on Nutrition. She has been recognized in various forums nationally and internationally and won several Awards for her various contributions to business and society.