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BAJAJ ELECTRICALS LTD.-$ - 500031 - Closure of Trading Window

Pursuant to the provisions of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, as amended ('SEBI PIT Regulations') and the Code of Conduct to Regulate, Monitor and Report Trading by Designated Persons ('Code') of Bajaj Electricals Limited ('Company'), we hereby inform you that the trading window for dealing in the securities of the Company shall be closed from April 1, 2022, for the Designated Persons, their Immediate Relatives, and for the Connected Persons of the Company. The same will remain closed till 48 hours after the announcement by the Company of its annual audited financial results for the financial year 2021-22. The date of the Board Meeting of the Company for declaration of the aforesaid annual audited financial results will be intimated in due course.
28-03-2022
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BAJAJ ELECTRICALS LTD.-$ - 500031 - Announcement under Regulation 30 (LODR)-Credit Rating

Intimation in respect of Credit Rating under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ('SEBI Listing Regulations') by Bajaj Electricals Limited ('Company')
24-03-2022
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BAJAJ ELECTRICALS LTD.-$ - 500031 - Announcement under Regulation 30 (LODR)-Credit Rating

Intimation in respect of reaffirmation of the Credit Rating under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ('SEBI Listing Regulations') by Bajaj Electricals Limited ('Company')
24-03-2022
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Bajaj electricals extends trademark pact with Morphy Richards by 15 years

Bajaj has established the brand well in the premium home appliances segment in India since April 2002
23-03-2022
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BAJAJ ELECTRICALS LTD.-$ - 500031 - Bajaj Electricals Limited Has Informed The Exchange About Completion Of The Procedure Towards Purchase/Acquisition Of Additional 2,671 (0.37%) Equity Shares In Nirlep Appliances Private Limited, Post Which Nirlep Has Now Become A WOS Of The Company

Pursuant to the provisions of Regulation 30 of the SEBI Listing Regulations, we wish to inform you that on March 23, 2022, the Company has completed the procedure towards purchase/acquisition of additional 2,671 (0.37%) equity shares in Nirlep Appliances Private Limited ('Nirlep'), a subsidiary of the Company, from all the other shareholders of Nirlep, for a cash consideration at Rs.695.81 per equity share. With the above purchase/acquisition, the entire 100% equity share capital of Nirlep is now legally and beneficially held by the Company along with its nominees, and consequently, Nirlep has now become a wholly-owned subsidiary company of the Company. Details as required under Regulation 30 of the SEBI Listing Regulations, read with SEBI Circular No.CIR/CFD/CMD/4/2015 dated September 9, 2015 are provided in the enclosed Annexure.
23-03-2022
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BAJAJ ELECTRICALS LTD.-$ - 500031 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

Pursuant to the provisions of Regulation 30 (read with Schedule III) of the SEBI Listing Regulations, we wish to inform you that, on March 22, 2022, Bajaj Electricals Limited ('Company') has entered into a Trademark Licencing Agreement ('Agreement') with Morphy Richards Limited, a company incorporated in England and Wales ('Morphy Richards'), whereby Morphy Richards has renewed its brand license to the Company. The Company has been granted an exclusive licence to use the brand 'Morphy Richards' in connection with certain products in India, Nepal, Bhutan, Bangladesh, Maldives and Sri Lanka ('Territory') for a period of 15 (fifteen) years from July 1, 2022, on payment of royalty by the Company, as per the terms of the Agreement. A Press Release in this regard is enclosed herewith. The above transaction does not fall within the purview of related party transactions and none of the promoter / promoter group / group companies have any interest in the same.
23-03-2022
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BAJAJ ELECTRICALS LTD.-$ - 500031 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

Pursuant to the provisions of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ('SEBI Listing Regulations'), we wish to inform you that the Stakeholders' Relationship Committee, at its Meeting held today i.e. on March 17, 2022, has approved the allotment of 60,285 equity shares of Rs.2 each, fully paid-up, in favour of 42 employees who had been granted stock options under the Company's ESOP Schemes. Post this allotment, the issued, subscribed and paid-up capital of the Company shall comprise of 11,48,74,114 equity shares of Rs.2 each fully paid-up amounting to Rs.22,97, 48, 228/-.
17-03-2022
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BAJAJ ELECTRICALS LTD.-$ - 500031 - Announcement under Regulation 30 (LODR)-Credit Rating

Pursuant to the provisions of Regulation 30 of the SEBI Listing Regulations, read with Schedule III thereto, we wish to inform you that: (a) based on the latest developments and after due consideration, ICRA Limited ('ICRA') has upgraded the rating for the Company's Non-Convertible Debenture (NCD) programme of Rs.150 crore to [ICRA]A+ (pronounced ICRA A plus) with a stable outlook from [ICRA]A (pronounced ICRA A) with a stable outlook; and (b) consequent to the Company's full repayment of its NCDs (with zero outstanding as on date), at the request of the Company, ICRA has taken cognizance of the same and, subsequently as a process, communicated withdrawal of the credit rating assigned to the said NCD programme of the Company. A copy of the letter No. ICRA/Bajaj Electricals Limited / 14032022 / 1 dated March 14, 2022, as received from ICRA in this regard, is enclosed herewith.
15-03-2022
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BAJAJ ELECTRICALS LTD.-$ - 500031 - Announcement under Regulation 30 (LODR)-Credit Rating

Pursuant to the provisions of Regulation 30 (read with Schedule III) of the SEBI Listing Regulations, we wish to inform you that, based on the latest developments and after due consideration, ICRA Limited ('ICRA') has upgraded the long-term rating for the Company's Rs.4,092.50 crore bank facilities ('Facilities') to [ICRA]A+ (pronounced ICRA A plus) from [ICRA]A (pronounced ICRA A), with stable outlook, and has reaffirmed the short-term rating for the said Facilities at [ICRA]A1 (pronounced ICRA A one). A copy of the letter No. ICRA/Bajaj Electricals Limited / 14032022 / 2 dated March 14, 2022, as received from ICRA in this regard, is enclosed herewith.
15-03-2022
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