StockWatch
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Household Appliances
Board Meeting6 Aug 2026, 01:22 pm

Bajaj Electricals Board Approves Q1 FY27 Results, Appoints New Officer

AI Summary

Bajaj Electricals Limited announced the outcome of its Board of Directors meeting held on August 6, 2026. The board approved the unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026, along with the limited review reports from statutory auditors. Additionally, Mr. Krishnan Sundaram was appointed as the Chief Growth & New Business Officer, effective August 11, 2026, and designated as Senior Management Personnel. The board also approved an increase in the employee stock options under the 'Bajaj Electricals Limited - Performance Stock Option Plan - 2023' and a revision of the remuneration structure for whole-time directors, subject to shareholder approval.

Key Highlights

  • Board approved Q1 FY27 unaudited financial results.
  • Mr. Krishnan Sundaram appointed Chief Growth & New Business Officer.
  • ESOP pool increased under Performance Stock Option Plan 2023.
  • Remuneration structure for whole-time directors revised.
  • Decisions subject to shareholder approval where applicable.