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Bajaj Electricals Ltd. — Share Issue/Capital Change 2026
May 15, 2026
60535_rns_2026-05-15_fce280db-45ad-40af-a3b9-0794e108e419.pdf
Share Issue/Capital Change
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BAJAJ Electricals
L-1/0057/PG/PD
May 15, 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.: Grant of 11,725 stock options under ‘Bajaj Electricals Limited- Performance Stock Option Plan 2023’ (“PSOP Plan 2023”)
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI Listing Regulations”), we wish to inform you that the Nomination and Remuneration Committee of the Board of Directors of Bajaj Electricals Limited (“Company”), at its meeting held today, i.e., on May 15, 2026, has approved the grant of 11,725 Stock Options under the PSOP Plan 2023 to one (1) eligible employee of the Company in accordance with the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
The details/disclosures, as required under Regulation 30 of the SEBI Listing Regulations, read with the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are enclosed herewith as ‘Annexure A’.
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
Date: 2026.05.15 10:32:26
+05'30'
Anant Dalvi
Prashant Dalvi
Chief Compliance Officer & Company Secretary
(ICSI Membership No.: A51129)
Encl. as above
Bajaj Electricals Limited | CIN: L31500MH1938PLC009887
Registered Office: Mulla House, 2nd Floor, 51 Mahatma Gandhi Road, Fort, Mumbai 400 001
Tel: 022 6149 7000 | Website: www.bajajelectricals.com | E-mail: [email protected]
Bajaj group
BAJAJ
Electricals
Annexure A
Pursuant to Regulation 30 of SEBI Listing Regulations (read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026):
| Sr. No. | Particulars | Details |
|---|---|---|
| 1. | Brief details of options granted | Grant of 11,725 Performance Stock Options (“Options”) under the ‘Bajaj Electricals Limited - Performance Stock Option Plan 2023’ (“PSOP Plan 2023”) to one (1) eligible employee of the Company. |
| 2. | Whether the scheme is in terms of SEBI (SBEB) Regulations, 2021 (if applicable) | The PSOP Plan 2023 is in compliance with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. |
| 3. | Total number of shares covered by these options | 11,725 Options and consequently 11,725 fully paid-up equity shares of Rs.2/- (Rupees Two only) each, subject to the terms and conditions specified in the PSOP Plan 2023. |
| 4. | Pricing formula | The exercise price of the options shall be equal to the face value of the equity share of the Company, i.e., Rs.2/- per equity share. |
| 5. | Options Vested | Not Applicable. |
| 6. | Time within which option may be exercised | The exercise period shall be two (2) years from the date of respective vesting of options, except for events specified in the PSOP Plan 2023. |
| 7. | Options Exercised | Not Applicable. |
| 8. | Money realized by exercise of options | Not Applicable. |
| 9. | The total number of shares arising as a result of exercise of option | Not Applicable. |
| 10. | Options lapsed | Not Applicable. |
| 11. | Variation of terms of options | Not Applicable. |
| 12. | Brief details of significant terms | The significant terms of the PSOP Plan 2023 are disclosed in the Explanatory Statement forming part of the Postal Ballot Notice dated November 6, 2023, which can be accessed at the Company’s website: https://www.bajajelectricals.com/pages/investors |
| 13. | Subsequent changes or cancellation or exercise of such options | Not Applicable. |
| 14. | Diluted earnings per share pursuant to issue of equity shares on exercise of options | Not Applicable. |
Bajaj Electricals Limited | CIN: L31500MH1938PLC009887
Registered Office: Mulla House, 2nd Floor, 51 Mahatma Gandhi Road, Fort, Mumbai 400 001
Tel: 022 6149 7000 | Website: www.bajajelectricals.com | E-mail: [email protected]
bajaj group