Rahul Bajaj, 83, former chairman of the Bajaj Group, died on Saturday, February 12.
In a statement, the Bajaj Group said: “It is with great sadness that I inform you about the passing of Shri Rahul Bajaj, husband of the late Rupa Bajaj and father of Rajiv/Deepa, Sanjiv/Shefali, and Sunaina/Manish.” “His last moments were spent with those closest to him on the afternoon of 12th February, 2022.”
Bajaj took over the Bajaj Group in 1965 and served as chairman for over 40 years. He stepped down as chairman in April 2021 and served as chairman emeritus of the firm.
In 2001, Bajaj was awarded the third-highest civilian honor, the Padma Bhushan. Bajaj served as a Rajya Sabha member.