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Bajaj Finance makes board changes

Bajaj Finance Ltd. made several changes to its board, including the appointment of Naushad Forbes as an independent director for a five-year term.

Anami Roy also joins the company's board as an independent director. Both appointments will take effect April 1, according to a March 12 release.

Meanwhile, D. S. Mehta and Rajendra Lakhotia resigned as nonexecutive independent directors.

Their resignations will take effect March 31.