Shareholders meeting

L-1/0135/PG/PD October 5, 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.: Postal Ballot Notice - Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI Listing Regulations”) by Bajaj Electricals Limited (the “Company”) Dear Sir/Madam, In continuation to our letter dated August 6, 2026, bearing reference no. - L-1/0108/JG/PD, and pursuant to the provisions of Regulation 30 read with Part A of Schedule III of the SEBI Listing Regulations, we enclose herewith a copy of the Notice of Postal Ballot dated August 6, 2026, along with the Explanatory Statement (“Notice”), which is being dispatched today i.e. Monday, October 5, 2026, seeking consent of the Members of the Company on the resolutions set out in the Postal Ballot Notice dated August 6, 2026, through voting by electronic means only (“remote e-voting”). Sr. Description of Special Business(es) Type of Resolution 1. To approve the increase in the aggregate number of employee stock options Special and equity shares reserved under ‘Bajaj Electricals Limited - Performance Stock Option Plan- 2023’ 2. Revision of the remuneration of Mr. Shekhar Bajaj (DIN: 00089358), Executive Special Chairman of the Company 3. Revision of the remuneration of Mr. Sanjay Sachdeva (DIN: 11017868), Special Managing Director & Chief Executive Officer of the Company 4. Revision of the remuneration of Mrs. Pooja Anant Bajaj (DIN: 08254455), Special Whole-time Director (designated as ‘Executive Director’) of the Company In accordance with circulars issued by the Ministry of Corporate Affairs, from time to time (“MCA Circulars”) inter alia including General Circular No. 03/2025 dated September 22, 2025, the Notice is being sent electronically to all the Members whose names appeared in the Register of Members or List of Beneficial Owners, as received from National Securities Depository Limited (NSDL) or Central Depository Services (India) Limited (CDSL) (“DP”), on Wednesday, September 30, 2026 (“Cut-off date”) and who had registered their e-mail addresses with the Company or MUFG Intime India Private Limited, being the RTA of the Company (“MUFG Intime”), or their respective Members holding shares in physical mode and who have not updated their e-mail addresses with the Company/RTA/DP are requested to update the same as per the instructions given in the Notes to the Notice. The following details pertain to the remote e-voting facility provided by the Company: 1. Cut-off date [for determining the Members entitled to Wednesday, September 30, 2026 vote on the resolutions set forth in the Notice] 2. Date and time of commencement of remote e-voting Tuesday, October 6, 2026, at 09:00 a.m. (IST) 3. Date and time of conclusion of remote e-voting Wednesday, November 4, 2026, at 05:00 p.m. (IST) 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 4. Date of declaration of voting results On or before Friday, November 6, 2026 5. Manner of voting Voting through electronic means only (remote e- voting) 6. Detailed Procedure for Remote e-Voting Please refer the Postal Ballot Notice under the heading "Remote e-voting Instructions” 7. Agency appointed for providing remote e-voting MUFG Intime facility to the Members A copy of the said Notice is being made available on the website of the Company, viz., www.bajajelectricals.com and on the websites of BSE Limited at www.bseindia.com and the National Stock Exchange of India Limited at www.nseindia.com. It is also being made available on the website of MUFG Intime at https://instavote.linkintime.co.in . We request you to take the above on record and the same be treated as compliance under the applicable provisions of the SEBI Listing Regulations. 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 BAJAJ ELECTRICALS LIMITED Registered Office: Mulla House, 2nd Floor, 51, M. G. Road, Fort, Mumbai 400 001 | Tel.: 022-61497000 E-mail address: legal@bajajelectricals.com | Website: www.bajajelectricals.com Corporate Identification Number (CIN): L31500MH1938PLC009887 NOTICE OF POSTAL BALLOT [Pursuant to Section 110 of the Companies Act, 2013 read with Rule 22 of the Companies (Management and Administration) Rules, 2014, as amended, and any applicable Circulars issued by the Ministry of Corporate Affairs, from time to time] VOTING STARTS ON VOTING ENDS ON Tuesday, October 6, 2026, at 09:00 a.m. (IST) Wednesday, November 4, 2026, at 05:00 p.m. (IST) The Members, NOTICE is hereby given pursuant to Section 110 read with the website of the Company at: Section 108 of the Companies Act, 2013 (the "Act") and other https://www.bajajelectricals.com/pages/investors. applicable provisions of the Act and Rule 20 and Rule 22 of the Companies (Management and Administration) Rules, 2014 (the An explanatory statement pursuant to Sections 102, 110 and "Rules"), Regulation 44 of the Securities and Exchange Board of other applicable provisions of the Act, pertaining to the India (Listing Obligations and Disclosure Requirements) resolution(s) setting out the material facts and the reasons Regulations, 2015 (the "SEBI Listing Regulations") and the therefor, is appended to this Postal Ballot Notice for your Secretarial Standards on General Meetings issued by the consideration and forms part of this Notice. Pursuant to Rule Institute of Company Secretaries of India ("SS-2"), as amended 22(5) of the Rules, the Board of Directors of the Company at its from time to time, read with the General Circular Nos. 14/2020 meeting held on August 6, 2026, has appointed Mr. Vaibhav dated April 8, 2020, 17/2020 dated April 13, 2020, 22/2020 dated Dandawate (COP No. 27947), failing him, Ms. Deepti Kulkarni June 15, 2020, 33/2020 dated September 28, 2020, 39/2020 (COP No. 22502), Designated Partners of Messrs Makarand M. dated December 31, 2020, 10/2021 dated June 23, 2021, Joshi & Co., Practising Company Secretaries (ICSI UIN: 20/2021 dated December 8, 2021, 3/2022 dated May 5, 2022, P2009MH007000), as the Scrutinizer(s) to conduct the Postal 11/2022 dated December 28, 2022, 09/2023 dated September Ballot through the Remote e-Voting process in a fair and 25, 2023, 09/2024 dated September 19, 2024, and 03/2025 transparent manner. dated September 22, 2025 issued by the Ministry of Corporate Affairs ("MCA") (hereinafter collectively referred to as "MCA The Remote e-Voting period commences from 09.00 A.M. IST on Circulars"), to transact the special business as set out Tuesday, October 6, 2026, 2026 and ends at 05.00 P.M. IST on hereunder, through passing of resolution(s) by way of Postal Wednesday, November 4, 2026. The Scrutinizer shall submit the Ballot, through voting by electronic means ('Remote e-Voting') report to the Chairman of the Company or any other person duly only. authorised by him, upon completion of the scrutiny of the votes cast through Remote e-Voting. In compliance with the aforesaid MCA Circulars, this Postal Ballot Notice is being sent only through electronic mode to The said results, along with the Scrutinizer's Report, shall be those Members whose e-mail addresses are registered with the communicated to BSE Limited ("BSE") and National Stock Company/Registrar and Tra [Showing first 8,000 characters — download PDF for full document]