Bajaj Electricals Ltd. — Capital/Financing Update 2025

Jul 2, 2025

July 2, 2025

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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

BAJAJELEC - Series: EQ

Dear Sir/Madam,

• Sub.: 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”)

Pursuant to the provisions of Regulation 30 (read with Schedule III) of the SEBI Listing Regulations, we wish to inform you that, CRISIL Ratings Limited (“CRISIL”), vide its letter No. RL/BAJELEC/373283/BLR/0725/123180 dated July 2, 2025 (“Letter”) received today, i.e., on July 2, 2025 at 03.19 p.m., has communicated to the Company regarding the reaffirmation of the following ratings assigned to the Company’s bank loan facilities of Rs. 2,000 crore:

• Long Term Rating: CRISIL AA-/Stable (Reaffirmed)

• Short Term Rating: CRISIL A1+ (Reaffirmed)

A copy of the said Letter, as received from CRISIL in this regard, is enclosed herewith.

We request you to take the above on record and treat the same as compliance under the applicable provisions of the SEBI Listing Regulations.

Thanking you,

Yours faithfully, For Bajaj Electricals Limited Prashant Digitally signed by Prashant Anant Dalvi Anant Dalvi Date: 2025.07.02 17:30:46 +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 Registered Office: 45/47, Veer Nariman Road, Fort, Mumbai 400 001 Tel: +91 22 6110 7800 | Email: legal@bajajelectricals.com | CIN: L31500MH1938PLC009887

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