Bajaj Electricals Ltd. — Board/Management Information 2025

Aug 7, 2025

August 7, 2025

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To,

BSE Limited :

Code No. 500031

Department of Corporate Services Phiroze Jeejeebhoy Towers, Dalal Street Mumbai 400 001.

National Stock Exchange of India Limited : BAJAJELEC - Series: EQ Listing Department Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai 400 051

Dear Sir/Madam,

Sub.: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Appointment of Mr. Nirav Nayan Bajaj as a Non-Executive Director of the Company

The Company on May 12, 2025, had inter alia intimated that based on the recommendations of the Nomination and Remuneration Committee, the Board of Directors at its Meeting held on May 12, 2025, had approved the appointment of Mr. Nirav Nayan Bajaj (DIN: 08472468) as an Additional Director in the category of NonExecutive Director of the Company, with effect from May 12, 2025, subject to the approval of the shareholders at the forthcoming 86[th] Annual General Meeting of the Company (“86[th] AGM”).

Pursuant to the provisions of Regulation 30, read with Schedule III, of the SEBI Listing Regulations, we wish to inform you that the shareholders of the Company at their 86[th] AGM held today i.e., August 7, 2025, have approved the appointment of Mr. Nirav Nayan Bajaj in the category of Non-Executive Director of the Company w.e.f. May 12, 2025, liable to retire by rotation, with the requisite majority.

The details as required under Part A of Schedule III of SEBI Listing Regulations, read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 (as amended) are enclosed as Annexure A .

Thanking you,

Yours faithfully, For Bajaj Electricals Limited

Prashant Digitally signed by Prashant Anant Dalvi Anant Dalvi Date: 2025.08.07 22:52:48 +05'30'

Prashant Dalvi Chief Compliance Officer & Company Secretary (ICSI Membership No.: A51129)

Encl.: As above.

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Corporate Office: Mulla House 51, Mahatma Gandhi Road, Mumbai 400 001 Tel: +91 22 6149 7000 | www.bajajelectricals.com

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Registered Office: 45/47, Veer Nariman Road, Fort, Mumbai 400 001

Tel: +91 22 6110 7800 | Email: legal@bajajelectricals.com | CIN: L31500MH1938PLC009887

Annexure A

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Appointment of Nirav Nayan Bajaj in the category of Non-Executive Director of the Company

Sr. No.		Details of Events that need to be provided	Details of Events that need to be provided	Information of such events(s)
1.		Reason for change viz. appointment,~~re-~~ ~~appointment, resignation, removal, death or~~ ~~otherwise;~~		The shareholders of the Company at their 86thAGM held today i.e., August 7, 2025, have approved the appointment of Mr. Nirav Nayan Bajaj in the category of Non-Executive Director of the Company w.e.f. May 12, 2025, liable to retire by rotation, with the requisite majority.
2.		Date of appointment~~/re-~~ ~~appointment/cessation~~(as applicable) & term of appointment/~~re-appointment;~~
3.		Brief profile (in	case of appointment);	A Mechanical Engineer from Brunel University, Mr. Nirav Bajaj began his professional journey with -Bain & Company and Roland Berger-where he worked on diverse strategic assignments in India, honing his analytical and problem-solving skills. In 2014, he joined Hercules Hoist Ltd. (HHL), where he focused on transformative projects including product rationalization, new product development, and the implementation of the Theory of Constraints. His work at HHL was pivotal in redefining operational efficiencies and steering the company toward sustainable growth strategies. In 2019, after completing his MBA from Harvard Business School, Nirav returned to the family business, joining Mukand Limited in August 2019. Since then, he has been actively contributing to Mukand's journey of innovation, operational excellence, and strategic expansion. Beyond his corporate responsibilities, Nirav is also a Board Member on several group companies, including: Mukand Sumi Special Steel Limited, Consolidated Swift Industries Limited, Bajaj Vitality Private Limited, lndef Manufacturing Limited and Hospet Steels Limited. A passionate sportsman in his early years, Nirav also represented at the national level in squash during his school days - a testament to his discipline and competitive spirit. With a well-rounded perspective shaped by global exposure and deep- rooted business acumen, Mr. Nirav Bajaj continues to drive innovation and excellence across the Bajaj Group's engineeringverticals.
4.		Disclosure of relationships between directors (in case of appointment of a director).		Mr. Nirav Bajaj is not related to any Directors

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Corporate Office: Mulla House 51, Mahatma Gandhi Road, Mumbai 400 001 Tel: +91 22 6149 7000 | www.bajajelectricals.com

`

Registered Office: 45/47, Veer Nariman Road, Fort, Mumbai 400 001 Tel: +91 22 6110 7800 | Email: legal@bajajelectricals.com | CIN: L31500MH1938PLC009887