BAJAJ ELECTRICALS LTD.-$

Bajaj Electricals Ltd has announced the appointment and designation of Ms. Tiny Sengupta, Chief Marketing Officer, as Senior Management Personnel, effective June 30, 2026. This decision was made by the Board of Directors based on the recommendation of the Nomination & Remuneration Committee. Ms. Sengupta brings over 22 years of extensive experience in marketing and business leadership across healthcare, FMCG, and consumer goods sectors, with a proven track record in driving growth and transformation for both multinational and Indian organizations. Her profile highlights significant achievements in leading business transformations, achieving double-digit growth, and building high-performing teams. She holds a Master's degree in Advertising and Communication Management and a Bachelor's degree in Economics, Psychology, and English, along with several prestigious industry recognitions.

Bajaj Electricals Limited has announced a final dividend recommendation of ₹3.00 per equity share for the financial year ended March 31, 2026. This recommendation is subject to shareholder approval at the 87th Annual General Meeting (AGM) scheduled for August 6, 2026. The record date for determining eligible shareholders is July 17, 2026, with the dividend payout expected on or before August 10, 2026. The company has also communicated the process and documentation required for shareholders to claim exemptions from tax deduction on the dividend, emphasizing the need for updated PAN, residential status, shareholder category, email, and residential address by the record date. Dividends will be paid electronically, and inadequate bank details may lead to withholding.

Bajaj Electricals Limited has announced the closure of its trading window for designated persons, their immediate relatives, and connected persons. This closure is in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015. The window will be shut from July 1, 2026, and will reopen 48 hours after the announcement of the company's unaudited financial results for the first quarter ended June 30, 2026. The exact date for the board meeting to declare these results will be communicated later.

Bajaj Electricals Ltd has received an appellate order reducing a GST demand for FY 2018-19 from ₹1.34 crore to ₹92.89 lakh, including a penalty of ₹4.28 lakh. The original demand was related to alleged differences in tax payable, input tax credit, B2B tax declared, and credit notes. The company is evaluating further legal remedies, including an appeal to the tribunal or High Court. The financial impact is limited to the reduced demand and penalty, with no impact on operations. The management is considering appropriate legal actions.

Bajaj Electricals Ltd has received an adverse appellate order from the Commissioner (Appeals) regarding a GST demand for FY 2020-21. The order confirms a gross demand of ₹10.95 crore, including a penalty of ₹0.99 crore, disallowing input tax credit. The company's appeal was dismissed, and management is evaluating legal remedies, including further appeals. The financial impact is limited to the demand and penalty, with no current impact on operations or other activities.

Bajaj Electricals Ltd has filed a disclosure under SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011, detailing an inter-se transfer of equity shares among its promoters. The filing, dated June 4, 2026, indicates that Niraj Bajaj, as part of the promoter group, has reported transactions involving the transfer of shares. The disclosure confirms that the acquirer belongs to the promoter group and lists the shares held before and after the acquisition/sale, with the total shareholding percentage remaining consistent at 62.69% post-transaction. The transfers were executed through both market and off-market transactions, including gifts and transmission, as detailed in Annexure A.

Kamalnayan Investment & Trading Pvt Ltd, along with other promoter group entities, has disclosed a change in their shareholding in Bajaj Electricals Ltd. The acquisition of shares was conducted through inter-se transfer amongst the promoters. Following the transaction, the promoter group's total holding increased to 5.03% of the total share capital. The disclosure was made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Bajaj Electricals Ltd announced its strategic decision to enter the 'Cables' business line within its Lighting Solutions segment. This move is driven by the growing demand in the cables industry and aims to expand and diversify the company's operations for sustainable growth. The company plans to commence operations shortly and will evaluate investment quantum based on market opportunities and business requirements. Further updates on material developments will be provided as per regulatory requirements.

Bajaj Electricals Ltd. received an adverse appellate order dated May 30, 2026, regarding a GST demand of ₹18.90 lakh (including a penalty of ₹0.86 lakh) for FY 2020-21. The appellate authority dismissed the company's appeal against the original assessment order issued under Section 73 of the Goods and Services Tax Act, 2017. The management is evaluating legal remedies, including filing an appeal or initiating writ proceedings. The financial impact, if materializes, is limited to the demand and penalty. The company states that the order does not impact its operational or financial activities.

Bajaj Electricals Ltd. has announced its financial results for the fourth quarter and financial year ended March 31, 2026. The company has provided a presentation detailing the performance overview, financial highlights, and business highlights for the period. The presentation includes forward-looking statements and disclaimers regarding the accuracy and completeness of the information provided.