General Updates

L-1/96/PG/PD July 10, 2026 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.: Business Responsibility and Sustainability Report for FY2025-26 of Bajaj Electricals Limited (“Company”) Dear Sir/Madam, Pursuant to the provisions of Regulation 34(2)(f) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI Listing Regulations”), please find enclosed herewith the Business Responsibility and Sustainability Report (“BRSR”) for the financial year ended March 31, 2026, which forms part of the Annual Report The aforesaid BRSR is also available on the website of the Company, i.e., https://www.bajajelectricals.com/pages/investors. 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 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: legal@bajajelectricals.com Business Responsibility & Sustainability Report 001 Business Responsibility & Sustainability Report The Board of Directors is pleased to share the Company’s 4th Business Responsibility and Sustainability Report (“BRSR”) for the financial year April 1, 2025, to March 31, 2026 (FY 2025-26). The BRSR for FY 2025-26 is aligned with the nine principles of the National Guidelines for Responsible Business Conduct (“NGRBC”) notified by the Ministry of Corporate Affairs, Government of India. List of 17 Sustainable Development Goals (SDGs), adopted by the United Nations in 2015 as part of the Agenda for Sustainable Development: SDG 2 - Zero Hunger: End hunger, achieve food SDG 1 - No Poverty: End poverty in all its forms security and improved nutrition and promote everywhere. sustainable agriculture. SDG 4 - Quality Education: Ensure inclusive and SDG 3 - Good Health and Well-Being: Ensure healthy equitable quality education and promote lifelong lives and promote well-being for all at all ages. learning opportunities for all. SDG 6 - Clean Water and Sanitation: Ensure SDG 5 - Gender Equality: Achieve gender equality and availability and sustainable management of water and empower all women and girls. sanitation for all. SDG 8 - Decent Work and Economic Growth: Promote SDG 7 - Affordable and Clean Energy: Ensure sustained, inclusive and sustainable economic growth, access to affordable, reliable, sustainable and modern full and productive employment and decent work for all. energy for all. SDG 9 - Industry, Innovation, and Infrastructure: SDG 10 - Reduce Inequality: Reduce inequality within Build resilient infrastructure, promote inclusive and and among countries. sustainable industrialization and foster innovation. SDG 11 - Sustainable Cities and Communities: Make SDG 12 - Responsible Consumption and cities and human settlements inclusive, safe, resilient Production: Ensure sustainable consumption and and sustainable. production patterns. SDG 14 - Life Below Water: Conserve and sustainably SDG 13 - Climate Action: Take urgent action to combat use the oceans, seas and marine resources for climate change and its impacts. sustainable development. SDG 15 - Life on Land: Protect, restore and promote SDG 16 - Peace, Justice and Strong Institutions: sustainable use of terrestrial ecosystems, sustainably Promote peaceful and inclusive societies for sustainable manage forests, combat desertification, and halt and development, provide access to justice for all and build reverse land degradation and halt biodiversity loss. effective, accountable and inclusive institutions at all levels. SDG 17 - Partnerships for the Goals: Strengthen the means of implementation and revitalize the global partnership for sustainable development. 002 Bajaj Electricals Limited (BEL) 87th Annual Report 2025-26 Contents of the BRSR Section A General Disclosures Section B Management and Process Disclosures Section C Principle-wise Performance Disclosure Businesses should conduct and govern themselves with integrity, and in a manner that is Ethical, Transparent and Accountable. This Principle recognises that ethical behaviour in all operations, functions and processes, is the cornerstone of businesses guiding their governance of economic, social and environmental responsibilities. The Principle emphasises that disclosures on business decisions and actions that impact stakeholders form the Principle 1 fundamental basis of operationalising responsible business conduct and should be accessible to all relevant stakeholders. It recognises that businesses are an integral part of society and that they will hold themselves accountable for the effective adoption, implementation, and making of disclosures on their performance with respect to the core elements of NGRBC guidelines. The Principle further emphasises that the governance structure of the business should ensure this, in line with SDG 16, amongst others. Businesses should provide goods and services in a manner that is sustainable and safe. This Principle recognises the proposition of SDG 12, amongst others, that sustainable production and consumption are interrelated, contribute to enhancing the quality of life and towards protecting and preserving the earth’s natural resources. The Principle further emphasises that businesses should focus on safety and resource-efficiency in the design Principle 2 and manufacture of their products and use their products in a manner that creates value while minimising and mitigating their adverse impacts on the environment and society through all stages of their life cycle, from design to final disposal. Over time, businesses should embrace the idea of circularity in all their operations. In order to do so, the Principle encourages businesses to understand all material sustainability issues across their product life cycle and value chain. Businesses should respect and promote the well-being of all employees, including those in their value chains. This Principle encompasses all policies and practices relating to the equity, dignity and well-being, and provision Principle 3 of decent work (as indicated in SDG 8, amongst others), of all employees engaged within a business or in its value chain, without any discrimination and in a way that promotes diversity. The principle recognises that the well-being of an employee also includes the well-being of her/his family. Businesses should respect the interests of and be responsive to all its stakeholders. This Principle recognises that businesses operate in an ecosystem comprising a number of stakeholders, beyond shareholders and investors, and that their activities impact natural resources, habitats, communities and the environment. Principle 4 The Principle acknowledges that it is the responsibility of businesses to ensure that the interests of all stakeholders, especially those who may be vulnerable and marginalised, are protected. Principle further recognises that businesses have a responsibility to maximise the positive impacts and minimise and mitigate the adverse impacts of their products, operations, and practices on all their stakeholders. Businesses should respect and promote human rights. This Principle recognises that human rights are rights inherent to all human beings, and that everyone, individually or collectively, is entitled to these rights, without discrimination. It further recognises that human rights are inherent, inalienable, interrelated, interdependent [Showing first 8,000 characters — download PDF for full document]