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Bajaj Electricals Ltd. Board/Management Information 2026

Feb 24, 2026

60535_rns_2026-02-24_19e91674-b5e9-459d-8660-17799153a0a9.pdf

Board/Management Information

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L-1/0012/PD/PD

February 24, 2026

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

Sub.: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements) Regulations, 2015, as amended (“SEBI Listing Regulations”) | Appointment of Senior Management Personnel

Dear Sir/Madam,

Pursuant to Regulation 30 (read with sub-paragraphs 7 of Paragraph A of Part A of Schedule III) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in accordance with the Company’s Policy on Determination of Materiality for Disclosure of Events or Information, we wish to inform you that Mr. Rahul Pundir will be joining the organisation as Chief Supply Chain Officer of the Company w.e.f. March 2, 2026 and he will be appointed/designated as Senior Management Personnel in the next Board Meeting.

The details required under Regulation 30 of the SEBI Listing Regulations, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/l/3762/2026 (last updated on January 30, 2026), are enclosed as Annexure-A.

We request you to take the above on record and that the same be treated as compliance under the applicable provisions of the SEBI Listing Regulations and other applicable laws, if any.

Thanking you,

Yours faithfully, For Bajaj Electricals Limited

Prashant Digitally signed by Prashant Anant Dalvi Anant Dalvi Date: 2026.02.24 20:18:08 +05'30'

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

Encl.: As above.

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Bajaj Electricals Limited | CIN: L31500MH1938PLC009887 Registered Office: Mulla House, 2[nd] Floor, 51 Mahatma Gandhi Road, Fort, Mumbai 400 001 Tel: 022 6149 7000 | Website: www.bajajelectricals.com | E-mail: [email protected]

Annexure A

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Required disclosures/details pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/l/3762/2026, last updated on January 30, 2026:

Sr.
No.
Particulars Details
1. Reason for change –
Appointment
Appointment of Mr. Rahul Pundir, will be joining the organisation as
Senior Management Personnel of the Company.
2. Date of Appointment~~/~~
~~cessation & Term of~~
~~Appointment~~
March 2, 2026
3. Brief Profile Rahul Pundir brings over 24+ years of global leadership experience
and is recognised for leading digital transformation programs that
enhanced manufacturing
operational excellence, forecasting,
inventory agility, and route-to-market speed and cost — maximising
shareholder value through scalable, consumption-led supply
networks.
He is
also
known
for
building
high-performance
organisations, embedding operational excellence, and creating
resilient business models aligned with sustainability and ESG
priorities. His most recent position was Executive Officer, Product
Supply & Sustainability Leader (AMA) at P&G Japan.
During his tenure at P&G, Rahul has transformed logistics, supply
chain, and manufacturing through bold network redesign, digital
enablement,
and
world-class
execution.
He
has
delivered
step-change impact—$250M in cost-to-serve value, significant
margin expansion, and major capital and supply chain savings—while
scaling manufacturing capacity 5x and elevating plants to global
benchmarks. He has modernised logistics with mega-DC builds,
stronger 3PL ecosystems, and customer-integrated planning that
covers majority of the business. Across Asia, MEA, India, and Japan,
he has built leaner, faster, and more resilient supply chains. His ability
to simplify complex operations, mobilize high-performing teams, and
embed sustainability and ESG makes him a powerful catalyst for our
next phase of growth.
Beyond his professional accomplishments, Rahul is a committed
continuous learner. He holds an MBA from IIM Mumbai (erstwhile
NITIE), and a degree in Mechanical Engineering. He has further
strengthened his expertise through a PG Certification in Digital
Manufacturing & Smart Factories from IISc Bangalore and the Senior
Executive Development Program at the University of Tennessee, USA.
4. Disclosure of
relationships
between Directors
Not Applicable.

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Bajaj Electricals Limited | CIN: L31500MH1938PLC009887 Registered Office: Mulla House, 2[nd] Floor, 51 Mahatma Gandhi Road, Fort, Mumbai 400 001 Tel: 022 6149 7000 | Website: www.bajajelectricals.com | E-mail: [email protected]