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Bajaj Electricals Ltd. — Board/Management Information 2021
May 25, 2021
60535_rns_2021-05-25_005ad534-896e-44d2-9c10-c2ae684cddad.pdf
Board/Management Information
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May 25, 2021
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To, BSE Limited Department of Corporate Services Phiroze Jeejeebhoy Towers Dalal Street Mumbai 400 001
: Code No. 500031
National Stock Exchange of India Limited
Listing Department Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai 400 051
: BAJELEC - Series: EQ BAJ21-Series B NCDs INE193E08020 BAJ22 -Series C NCDs INE193E08012
Dear Sir/Madam,
Sub.: Proposed amendment to the Employee Stock Option Scheme 2015 of Bajaj Electricals Limited (“Company”)
We wish to inform you that, upon the recommendation made by the Nomination and Remuneration Committee, the Board of Directors of the Company at its Meeting held on Tuesday, May 25, 2021, has approved the amendment to the Employee Stock Option Scheme 2015 (“Scheme”) by inter alia increasing the limit for maximum number of Options that can be granted per employee under the Scheme from existing 1,00,000 Options to 2,00,000 Options, subject to the approval of the shareholders at the ensuing 82[nd] Annual General Meeting of the Company to be held on Wednesday, August 11, 2021.
We request you to take the above on record.
Thanking you,
Yours Faithfully, For Bajaj Electricals Limited
Digitally signed by AJAY SURESH AJAY SURESH NAGLE NAGLE Date: 2021.05.25 22:16:06 +05'30'
Ajay Nagle EVP and Head – Legal & Company Secretary
Regd. Office: 45/47, Veer Nariman Road, Mumbai 400 001. Tel.: 022-61497000 Email ID: [email protected] Website: www.bajajelectricals.com Corporate Identity Number (CIN): L31500MH1938PLC009887