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Bajaj Electricals Ltd. Share Issue/Capital Change 2026

May 21, 2026

60535_rns_2026-05-21_863906cb-7238-4a5a-8465-5dbe77c879de.pdf

Share Issue/Capital Change

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BAJAJ Electricals

L-1/0065/PG/PD

May 21, 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.: Allotment of 2,056 equity shares of Rs.2 each on exercise of options by eligible employees

Re.: 29th Meeting of Stakeholders' Relationship Committee
[Meeting commencement time: 8:45 P.M.; Meeting conclusion time: 8:55 P.M.]

Dear Sir/Madam,

Pursuant to the provisions of 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 Stakeholders' Relationship Committee, at its Meeting held today, i.e. on May 21, 2026, has approved the allotment of 2,056 equity shares of Rs. 2 each, fully paid-up, in favour of 4 Employees (including 1 deceased employee whose shares will be allotted to his legal heir) who had been granted stock options under the Performance Stock Option Plan - 2023 ("PSOP 2023") of the Company.

Post this allotment, the issued, subscribed and paid-up capital of the Company shall comprise of 11,53,92,769 equity shares of Rs. 2 each fully paid-up amounting to Rs. 23,07,85,538/-.

The details as required under Regulation 10(c) of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 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
Date: 2026.05.21 20:57:29
+07:50
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

SCHEDULE I

[Part E read with Reg 10(c) of SEBI (Share Based Employee Benefits and sweat Equity) Regulations, 2021]

1 Company Name and address of Registered Office : BAJAJ ELECTRICALS LIMITED Mulla House, 2nd Floor, 51 Mahatma Gandhi Road, Fort, Mumbai - 400 001 Tel.: 022-61497000 Email ID: [email protected]
2 Name of the recognised Stock Exchanges on which the company's shares are listed : BSE Limited (BSE) National Stock Exchange of India Limited (NSE)
3 Filing date of the statement referred in regulation 10(b) of the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 with the recognised Stock Exchange : PSOP 2023: BSE - May 15, 2024 NSE - May 16, 2024
4 Filing Number, if any : Nil
5 Title of the Scheme pursuant to which shares are issued, if any : Performance Stock Option Plan 2023
6 Kind of Security to be listed : Equity Shares
7 Par value of the shares : Rs. 2.00 per share
8 Date of issue of shares : May 21, 2026
9 Number of shares issued : 2,056
10 Share Certificate No., if applicable : Not Applicable
11 Distinctive number of the share, if applicable : 115390714 to 115392769
12 ISIN Number of the shares if issued in Demat : INE193E01025
13 Exercise Price per share : Scheme Grant Date Grant Price(Rs.)
PSOP 2023 06/08/2024 2.00
07/08/2025 2.00
14 Premium per share : Scheme Grant Date Grant Price(Rs.)
PSOP 2023 06/08/2024 -
07/08/2025 -
15 Total Issued Shares after this issue : 11,53,92,769 equity shares
16 Total Issued Share capital after this issue : Rs. 23,07,85,538/-
17 Details of any lock-in on the shares : Not Applicable
18 Date of expiry of lock-in : Not Applicable
19 Whether shares identical in all respects to existing shares If not, when will they become identical? : Yes, the new equity shares issued shall rank pari passu with the existing equity shares.
20 Details of Listing fees, if payable : Not Applicable

For Bajaj Electricals Limited

Prashant

Digitally signed by

Prashant Anant Dalvi

Anant Dalvi

Date: 2026.05.21

20:57:01 +05'30'

Prashant Dalvi

Chief Compliance Officer & Company Secretary

Date: May 21, 2026

Place: Mumbai

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.bajjelectricals.com | E-mail: [email protected]

bajaj group