Bajaj Electricals Ltd. — Regulatory Filings 2021

May 27, 2021

May 27, 2021

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.: Disclosures of related party transactions of Bajaj Electricals Limited ("Company") on a consolidated basis for the half year ended March 31, 2021

Pursuant to the provisions of Regulation 23(9) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("SEBI Listing Regulations"), we enclose herewith disclosure of related party transactions on a consolidated basis, in the format specified in the accounting standards for the half year ended March 31, 2021.

The same is being uploaded on the website of the Company www.bajajelectricals.com.

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.

Thanking you,

Yours Faithfully, For Bajaj Electricals Limited

AJAY SURESH NAGLE Digitally signed by AJAY SURESH NAGLE Date: 2021.05.27 17:33:15 +05'30'

Ajay Nagle EVP & Head – Legal and Company Secretary

Encl.: as above

Related Party disclosure for Bajaj Electricals Limited on a consolidated basis – Half year ended on March 31, 2021

(A) Associate, Joint Venture & Subsidiary:

• 1. Hind Lamps Limited
• 1. Starlite Lighting Limited
• 1. Nirlep Appliances Private Limited

(B) Directors:

• 1. Mr. Shekhar Bajaj
• 1. Mr. Anuj Poddar
• 1. Mr. Madhur Bajaj
• 1. Mr. Rajivnayan Bajaj
• 1. Dr. lndu Shahani
• 1. Mr. H. V. Goenka
• 1. Dr. R. P. Singh
• 1. Mr. Munish Khetrapal
• 1. Mr. Siddharth Mehta
• 1. Mrs. Pooja Bajaj
• 1. Mr. Shailesh Haribhakti

(C) Key Managerial Personnel & Relatives

• 1. Mr. Anant Purandare, Executive Vice President & CFO
• 1. Mr. Ajay Nagle, Executive Vice President Legal & Company Secretary

(D) Enterprises over which any person described in (B) & (C) above is able to exercise significant influence

• 1. CEAT Limited
• 1. Central Expressways Construction LLP
• 1. CESC Limited
• 1. Hind Musafir Agency Limited
• 1. Indian School Of Business
• 1. KEC International Limited
• 1. Mehta & Padamsey
• 1. Raychem RPG Private Limited
• 1. Spencers Retail Limited
• 1. Bajaj Allianz General Insurance Company Limited
• 1. Bajaj Allianz Life Insurance Company Limited
• 1. Bajaj Auto Limited
• 1. Bajaj Electricals Foundation
• 1. Bajaj Finance Limited
• 1. Bajaj Holdings & Investments Limited
• 1. Council For Fair Business Practices
• 1. Hercules Hoist Limited
• 1. Jamnalal Sons Private Limited
• 1. Paryavaran Mitra
• 1. Shabdam
• 1. Trustees Bajaj Electricals Limited Employees Provident Fund
• 1. Matchwel Electrical India Limited Employees Provident Fund Trust

Transactions during half year ended 31st March,2021 with Related Parties:

		Rs. (in Lakhs)
Sr	Nature of Transaction	Half Yearly (Oct-20 to Mar-21)
No.		Subsidaries	Associates	JointVenture	KMP/Others	Total
1	Purchases	3099.75	0.00	10827.33	57.10	13984.18
2	Contribution to Equity	0.00	0.00	0.00	0.00	0.00
3	Deposit Given	0.00	0.00	0.00	0.00	0.00
4	Trade Advance Given	800.00	0.00	1400.00	0.00	2200.00
5	Loan given	1300.00	0.00	2960.00	0.00	4260.00
6	Interest on loan and advance	198.59	0.00	700.18	0.00	898.77
7	Sales	9.37	243.52	0.00	514.06	766.96
8	Royalty Paid	25.37	0.00	0.00	0.00	25.37
9	Rent Received	0.00	0.90	0.00	2.11	3.01
10	Finance Income of preferenceshares (financial asset at amortisedcost)	0.00	0.00	0.00	0.00	0.00
11	Services Received	0.00	0.00	0.00	21.84	21.84
12	Interest Received	0.00	0.00	0.00	0.00	0.00
13	Advance given	0.00	0.00	0.00	1.80	1.80
14	Reimbursement of Expenses	0.00	0.00	0.00	30.53	30.53
15	Finance income on CorporateGuarantee given*	0.00	0.00	0.00	0.00	0.00
16	Sales of Components	0.00	0.00	1185.11	0.00	1185.11
17	Inter Corporate Deposit taken	0.00	0.00	0.00	0.00	0.00
18	Interest on Inter Corporate Deposit	0.00	0.00	0.00	0.00	0.00
19	Interest Paid	0.00	0.00	0.00	0.00	0.00
20	Employee Benefit Expense	0.00	0.00	0.00	2286.45	2286.45
21	Dividend Paid	0.00	0.00	0.00	0.00	0.00
22	Right Shares Issued	0.00	0.00	0.00	0.00	0.00
23	Rent Paid	0.00	0.00	0.00	46.20	46.20
24	Other Expenses	0.00	0.00	0.00	2.57	2.57
25	Claims Received	0.00	0.00	0.00	31.06	31.06
26	Insurance Premium paid	0.00	0.00	0.00	377.32	377.32
27	CSR Contribution	0.00	0.00	0.00	175.37	175.37
28	Sale of Asset	0.00	0.00	0.00	6.00	6.00
29	Rent & Other Services	0.00	0.00	0.00	0.00	0.00
30	Deposits Refund	0.00	0.00	0.00	1.57	1.57
31	Fixed Assets Purchase	0.00	0.00	0.00	0.00	0.00
32	MEIS License Purchase	0.00	0.00	0.00	0.00	0.00
33	Sales Of Furniture	0.00	0.00	0.00	0.00	0.00
		5433.08	244.42	17072.63	3553.98	26304.11