Anant Bajaj, MD of Bajaj Electricals who was 41 years old, passed away on Friday evening after a heart attack.
“His sudden and unexpected passing away will be an irreparable loss to the company and all the directors and employees of the company convey deep sympathy, sorrow and condolences to Bajaj family,” Bajaj Electricals said in a regulatory filing.
He was appointed on the Board of the company in February 2006 and the company immensely benefited from his vision and leadership during his tenure, the filing added.
Anant Bajaj played crucial leadership roles through his 19 years career at Bajaj Electricals. And During his stint, he was responsible for initiating a number of things, including next-generation R&D (which focussed on cutting-edge technologies to create next-generation appliances), Internet of Things (IoT) and analytics (through a digital centre in Mumbai) and Project Evolve (charing the company‘s digital transformation).