Bajaj Electricals Ltd. - Major Shareholding Notification 2026

BAJAJ

4th June, 2026

To, The Department of Corporate Services, National Stock Exchange of India Ltd., Exchange Plaza, Plot No. C/1, G Block, Bandra – Kurla Complex, Bandra (East), Mumbai – 400-051.	To, The Department of Corporate Services, BSE Ltd., 1st floor, New Trading Ring, Rotunda Building, P.J. Towers, Dalal Street, Fort, Mumbai – 400-001.
Ref: Security Symbol- BAJAJELEC	Ref: Security Code No. 500031

Dear Sir,

Re : Bajaj Electricals Ltd.

Sub: Disclosure under Reg 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011

We are enclosing under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, a Disclosure statement in the prescribed format, in respect of Equity shares of Bajaj Electricals Ltd. (Target Company) acquired by us through inter-se transfer of shares amongst the Promoters, as per details given therein.

Kindly acknowledge receipt.

Thanking You.

Yours faithfully,

For & on behalf of the Acquirers

(Kamalnayan Investment & Trading Pvt. Ltd. & Others)

(Niraj Bajaj)

Encl : as above

Corporate Office : Bajaj Bhwan, 2nd Floor, Jamnalal Bajaj Marg, 226, Nariman Point, Mumbai - 400 021, Maharashtra, India

+91-22-6942 4200

http://www.bajajgroup.company

Disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers)
Regulations, 2011

Part-A- Details of the Acquisition

Name of the Target Company (TC)	Bajaj Electricals Ltd,
Name(s) of the Acquirer and Persons Acting in Concert (PAC) with the Acquirer	As per Annexure A
Whether the Acquirer belongs to Promoter/Promoter group	Yes
Name(s) of the Stock Exchange(s) where the shares of TC are Listed	National Stock Exchange of India Ltd. (NSE)
BSE Ltd. (BSE)
Details of the acquisition/disposal as follows :	Number	% w.r.t total share/voting capital wherever applicable (*)	% w.r.t total diluted share/voting capital of the TC (**)
Before the acquisition/transfer under consideration, holding of acquirer along with PACs of:
a) Shares carrying voting rights	14,82,838	1.29	1.29
b) Shares in the nature of encumbrance (pledge/lien/non-disposal undertaking/others)	0.00	0.00	0.00
c) Voting rights (VR) otherwise than by equity shares	0.00	0.00	0.00
d) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category)	0.00	0.00	0.00
e) Total (a+b+c+d)	14,82,838	1.29	1.29
Details of acquisition/transfer
a) Shares carrying voting rights acquired	56,16,000	4.87	4.87
b) VRs acquired otherwise than by equity shares	0.00	0.00	0.00
c) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) acquired	0.00	0.00	0.00
d) Shares encumbered/invoked/released by the acquirer	0	0.00	0.00
e) Total (a+b+c+/-d)	56,16,000	4.87	4.87
After the acquisition/transfer, holding of acquirer along with PACs of:
a) Shares carrying voting rights	70,98,838	5.03	5.03
b) Shares in the nature of encumbrance (pledge/lien/non-disposal undertaking/others)	0	0.00	0.00
c) Voting rights (VR) otherwise than by equity shares	0	0.00	0.00
d) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category)	0	0.00	0.00
e) Total (a+b+c+d)	70,98,838	5.03	5.03

aee

Disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers)
Regulations, 2011

Part-A- Details of the Acquisition

Mode of acquisition/transfer (e.g open market/public issue/ rights issue/ preferential allotment/ inter-se transfer/encumbrance, etc.)	Inter-se Transfer of Shares amongst the Promoters through Market Transactions (Refer Annexure B)
Salient features of the securities acquired/transferred including time till redemption, ratio at which it can be converted into equity shares, etc.	Equity Shares
Date of acquisition/transfer of/ date of receipt of intimation of allotment of shares / VR/ warrants/convertible securities/any other instrument that entitles the acquirer to receive shares in the TC.	2nd June, 2026
Equity Share Capital / total voting capital of the TC before the said acquisition/transfer	11,53,90,713 Equity Shares
Equity Share Capital / total voting capital of the TC after the said acquisition/transfer	11,53,90,713 Equity Shares
Total diluted share/voting capital of TC after the said acquisition/transfer	11,53,90,713 Equity Shares

Part-B***

Name of the Target Company: Bajaj Electricals Ltd.

For and on behalf of the Acquirers
(Kamalnayan Investment & Trading Pvt. Ltd. & Others)

Mumbai: 4th June, 2026
Note:

() Total share capital/voting capital to be taken as per the latest filing done by the Company to the Stock Exchange under Regulation 31(1) of the SEBI LODR 2015 (earlier Clause 35 of the Listing Agreement)
() Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC.
(**) Part-B shall be disclosed to the Stock Exchange but shall not be disseminated.

Annexure A

Annexure to Disclosure under Reg 29(1) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011
List of Acquirers forming part of the Promoter & Promoter Group of Bajaj Electricals Ltd.
---
Sr.No.
---
1
2
3
4
5
6

For & on behalf of the Acquirers
(Kamalnayan Investment & Trading Pvt. Ltd. & Others)

Mumbai : 4th June, 2026

Annexure B

Annexure to Disclosure Statement under Reg 29(1) of SEBI (Substantial)
Acquisition of Shares and Takeover) Regulations, 2011

Details of Equity shares of Bajaj Electricals Ltd (Target Company) purchased by the Acquirers

S.No.	Name of the Acquirers	No. and % of Shares before Acquisition		No. and % of Shares Acquired		No. and % of Shares after Acquisition		Mode of Acquisition
1	Kamalnayan Investment & Trading Pvt. Ltd.	1,110	0.00	9,36,000	0.81	9,37,110	0.81	Inter-se transfer through market transaction
2	Rahul Securities Pvt. Ltd.	4,67,093	0.40	9,36,000	0.81	14,03,093	1.22	Inter-se transfer through market transaction
3	Rupa Equities Pvt. Ltd.	1,110	0.00	9,36,000	0.81	9,37,110	0.81	Inter-se transfer through market transaction
4	Shekhar Holdings Pvt. Ltd.	5,40,253	0.47	9,36,000	0.81	14,76,253	1.28	Inter-se transfer through market transaction
5	Madhur Securities Pvt. Ltd.	1,110	0.00	9,36,000	0.81	9,37,110	0.81	Inter-se transfer through market transaction
6	Niraj Holdings Pvt. Ltd.	4,72,162	0.41	9,36,000	0.81	14,08,162	1.22	Inter-se transfer through market transaction
	TOTAL	14,82,838	1.29	56,16,000	4.87	70,98,838	6.15