Shareholders meeting

L-1/95/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.: Notice of the 87th Annual General Meeting (“87th AGM”) of Bajaj Electricals Limited (“Company”) Dear Sir/Madam, This is further to our letter dated May 15, 2026, wherein the Company had informed that the 87th AGM of the Company is scheduled to be held on Thursday, August 6, 2026. 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”) and Circulars issued in this regard, please find enclosed herewith Notice of the 87th AGM scheduled to be held on Thursday, August 6, 2026, at 3:00 P.M. (IST) via Video Conferencing / Other Audio-Visual Means (“VC/OAVM”). The Notice of the 87th AGM is being made available on the website of the Company, at https://www.bajajelectricals.com/pages/investors, and also on the website of MUFG Intime India Private Limited, Registrar & Share Transfer Agent of the Company, at https://in.mpms.mufg.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 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 Corporate Overview Financial Statements Statutory Reports 1 Notice of the Annual General Meeting Notice is hereby given that the Eighty-seventh (87th) Annual Company for conducting the cost audit for the financial General Meeting (“AGM”) of the members of Bajaj Electricals year ending March 31, 2027, be and is hereby ratified, Limited (the “Company”) will be held on Thursday, August 6, confirmed, and approved.” 2026, at 03:00 PM (IST) via Video Conferencing (“VC”)/Other 5. To approve borrowing by way of issue of securities and, in Audio-Visual Means (“OAVM”) to transact the following business: this regard, to consider and, if thought fit, pass the following ORDINARY BUSINESS resolution as a Special Resolution: 1. To consider and adopt: (a) the audited financial statement “RESOLVED THAT, pursuant to Sections 42 and 71 of the of the Company for the financial year ended March 31, Companies Act, 2013 (the “Act”), read with the Companies 2026 and the reports of the Board of Directors and Auditors (Prospectus and Allotment of Securities) Rules, 2014, and thereon; and (b) the audited consolidated financial statement all other applicable provisions of the Act and the Rules of the Company for the financial year ended March 31, 2026 made thereunder, as may be applicable, and other relevant and the report of Auditors thereon and in this regard, to guidelines and regulations issued by the Securities and consider and if thought fit, to pass the following resolutions Exchange Board of India or any other prevailing law as Ordinary Resolutions: (including any statutory amendment(s), modification(s), clarification(s), substitution(s) or re-enactment(s) thereof a) “RESOLVED THAT the audited financial statement of for the time being in force), and in terms of the Articles of the Company for the financial year ended March 31, Association of the Company, the approval of the members of 2026 and the reports of the Board of Directors and the Company be accorded to authorise the Board of Directors Auditors thereon, as circulated to the members, be and of the Company (hereinafter referred to as the “Board”, which are hereby considered and adopted.” term shall include, unless the context otherwise requires, any committee of the Board or any director(s) or officer(s) b) “RESOLVED THAT the audited consolidated financial authorised by the Board to exercise the powers conferred on statement of the Company for the financial year ended the Board under this resolution) to borrow, from time to time, March 31, 2026 and the report of Auditors thereon, by way of securities including but not limited to secured/ as circulated to the members, be and are hereby unsecured redeemable Non-Convertible Debentures considered and adopted.” (“NCDs”) and/or Commercial Papers (“CPs”) to be issued on 2. To declare dividend on equity shares for the financial a private placement basis, in domestic and/or international year ended March 31, 2026 and in this regard, to consider markets, in one or more series/ tranches aggregating up to and if thought fit, to pass the following resolution as an an amount not exceeding H 500 crore (Rupees Five Hundred Ordinary Resolution: Crore only), issuable/redeemable at discount/par/premium, under one or more shelf disclosure documents, during the “RESOLVED THAT dividend at the rate of H 3.00 (Rupees period of one year from the date of this Annual General Three only) per equity share of H 2/- (Rupees Two only) Meeting, on such terms and conditions as the Board may, each fully paid-up of the Company, as recommended by from time to time, determine and consider proper and most the Board of Directors, be and is hereby declared for the beneficial to the Company including decisions regarding financial year ended March 31, 2026 and the same be paid when the said NCDs and/or CPs be issued, the consideration out of free reserves of the Company.” for the issue, utilisation of the issue proceeds and all matters 3. To appoint Mr. Sanjay Sachdeva (DIN: 11017868), who connected with or incidental thereto; provided that the retires by rotation, as a Director and in this regard, to said borrowings shall be within the overall borrowing limit consider and if thought fit, to pass the following resolution of the Company. as an Ordinary Resolution: RESOLVED FURTHER THAT the Board be and is hereby “RESOLVED THAT in accordance with the provisions authorised to do all acts, deeds, matters and things, and to of Section 152 and other applicable provisions of the take all such steps as may be necessary, proper, or expedient Companies Act, 2013, Mr. Sanjay Sachdeva (DIN: 11017868), to give effect to this resolution and to settle any questions, who retires by rotation at this meeting, be and is hereby difficulties or doubts that may arise in this regard.” appointed as a Director of the Company. By Order of the Board of Directors SPECIAL BUSINESS of Bajaj Electricals Limited 4. To ratify the remuneration of Cost Auditors for the financial year ending March 31, 2027 and in this regard, to consider and if thought fit, to pass the following resolution as an Prashant A. Dalvi Ordinary Resolution: Chief Compliance Officer & Company Secretary ICSI Membership No. A51129 “RESOLVED THAT, pursuant to the provisions of Section Navi Mumbai, May 15, 2026 148 and all other applicable provisions, if any, of the Companies Act, 2013, and rules made thereunder (including any statutory amendment(s), modification(s), clarification(s), Registered Office: substitution(s) or re-enactment(s) thereof for the time being in force), the remuneration of H 2,18,000/- (Rupees Two Mulla House, 51 Mahatma Gandhi Road, Lakh Eighteen Thousand only) plus applicable taxes and Fort, Mumbai - 400 001, India. reimbursement of out-of-pocket expenses, as approved by CIN: L31500MH1938PLC009887 the Board upon recommendation of the Audit Committee, Website: www.bajajelectricals.com to be paid to Messrs R. Nanabhoy & Co., Cost Accountants E-mail: legal@bajajelectricals.com (Firm Registration No.000010), as Cost Auditors of the Tel.:+91 22 6149 7000 2 Bajaj Electricals Limited (BEL) 87th Annual Report 2025- [Showing first 8,000 characters — download PDF for full document]