BSEAGM/EGM3d ago · 4 Nov 2026, 11:28 pm

Please refer to the enclosed file.

Bajaj Electricals Ltd-$ · 500031

✦ AI SummaryMgmt Change

Bajaj Electricals Ltd has announced the outcome of its postal ballot, where two resolutions were passed with requisite majority. The first resolution approved the increase in the aggregate number of employee stock options and equity shares, while the second resolution revised the remuneration of Mr. Shekhar Bajaj, Executive Chairman of the Company.

Analysis Scores

Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

✦ Ask a Question

Ask anything about this announcement — AI will answer based on the filing content.

0/500

Full Announcement

Bajaj Electricals Ltd-$ - 500031 - Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot

Attachments (1)

📄

887f0672-0fa5-4f45-947d-e01767439113.pdf

pdf

Download →
View document text
L-1/0153/PG/PD November 4, 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.: Disclosure of Voting Results of the Postal Ballot Notice dated August 6, 2026 Dear Sir/Madam, Further to our letter dated October 5, 2026, bearing reference no. L-1/0135/PG/PD, whereby we had submitted the Postal Ballot Notice dated August 6, 2026, (“Notice”) seeking approval from the Members of the Company, and pursuant to the provisions of Regulation 44(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI Listing Regulations”), read with Section 110 of the Companies Act, 2013 (“Act”) and the Rules framed thereunder and other applicable provisions, if any, we enclose herewith the Voting Results on the businesses transacted through the Notice along with the Scrutinizer's Report on the Resolutions passed through the Postal Ballot process by electronic voting only. Please note that as per Scrutinizer's Report dated November 4, 2026, issued by Mr. Vaibhav Dandawate, Partner of Messrs Makarand M. Joshi & Co., Practising Company Secretaries, the Resolutions as per the Notice stand passed with requisite majority on November 4, 2026, which was the last date specified for Remote e-voting. The above information is also being uploaded on the Company's website, viz. www.bajajelectricals.com and also on the website of MUFG Intime India Private Limited viz. https://instavote.linkintime.co.in/. We request you to take the above on record and that the same be treated as compliance under the provisions of the Act, SEBI Listing Regulations and any other applicable provisions. 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 Voting results pursuant to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Particulars Details Date of Postal Ballot Notice Thursday, August 6, 2026 Cut-off Date Wednesday, September 30, 2026 Voting start Date and Time Tuesday, October 6, 2026, at 09:00 a.m. (IST) Voting end Date and Time Wednesday, November 4, 2026, at 05:00 p.m. (IST) Total Number of Shareholders as on Cut-off date 89,269 No. of shareholders present in the meeting Not Applicable either in person or through proxy: - Promoters and Promoter Group - - Public - No. of Shareholders attended the meeting Not Applicable through Video Conferencing: - Promoters and Promoter Group - - Public - 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 Resolution (1) Resolution required: (Ordinary / Special) Special Whether promoter/promoter group are interested in the agenda/resolution? To approve the increase in the aggregate number of employee stock options and equity shares Description of resolution considered reserved under ‘Bajaj Electricals Limited - Performance Stock Option Plan- 2023’ % of Votes % of votes in % of Votes Mode of No. of No. of votes polled on No. of votes – in No. of votes – Category favour on votes against on votes voting shares held p o l l ed outstanding favour against polled polled shares (1) (2) (3)=[(2)/(1)]*100 (4) (5) (6)=[(4)/(2)]*100 (7)=[(5)/(2)]*100 E-Voting 72240982 99.8600 72240982 0 100.0000 0.0000 Promoter Poll 72342279 0 0.0000 0 0 0.0000 0.0000 Postal Ballot Promoter (if applicable) 0 0.0000 0 0 0.0000 0.0000 Group Total 72342279 72240982 99.8600 72240982 0 100.0000 0.0000 E-Voting 24313389 98.7442 11938881 12374508 49.1041 50.8959 Poll 24622597 0 0.0000 0 0 0.0000 0.0000 Public- Institutions Postal Ballot (if applicable) 0 0.0000 0 0 0.0000 0.0000 Total 24622597 24313389 98.7442 11938881 12374508 49.1041 50.8959 E-Voting 1107706 6.0010 1100289 7417 99.3304 0.6696 Poll 18458760 0 0.0000 0 0 0.0000 0.0000 Public- Non Postal Ballot Institutions (if applicable) 0 0.0000 0 0 0.0000 0.0000 Total 18458760 1107706 6.0010 1100289 7417 99.3304 0.6696 Total Total 115423636 97662077 84.6119 85280152 12381925 87.3217 12.6783 Whether resolution is Pass or Not. Yes Please note that voting rights on the shares transferred to ‘Investor Education and Protection Fund’ and ‘Unclaimed or Suspense or Escrow Account’ are frozen. Resolution (2) Resolution required: (Ordinary / Special) Special Whether promoter/promoter group are interested in the agenda/resolution? Revision of the remuneration of Mr. Shekhar Bajaj (DIN: 00089358), Executive Chairman of the Description of resolution considered Company % of Votes % of votes in Mode of No. of No. of votes polled on No. of votes – in No. of votes – % of Votes against Category favour on votes voting shares held p o l l ed outstanding favour against on votes polled polled shares (1) (2) (3)=[(2)/(1)]*100 (4) (5) (6)=[(4)/(2)]*100 (7)=[(5)/(2)]*100 E-Voting 72240982 99.8600 72240982 0 100.0000 0.0000 Promoter Poll 72342279 0 0.0000 0 0 0.0000 0.0000 Postal Ballot Promoter (if applicable) 0 0.0000 0 0 0.0000 0.0000 Group Total 72342279 72240982 99.8600 72240982 0 100.0000 0.0000 E-Voting 24313389 98.7442 24313389 0 100.0000 0.0000 Poll 24622597 0 0.0000 0 0 0.0000 0.0000 Public- Postal Ballot Institutions (if applicable) 0 0.0000 0 0 0.0000 0.0000 Total 24622597 24313389 98.7442 24313389 0 100.0000 0.0000 E-Voting 1107704 6.0010 1107124 580 99.9476 0.0524 Poll 18458760 0 0.0000 0 0 0.0000 0.0000 Public- Non Institutions Postal Ballot (if applicable) 0 0.0000 0 0 0.0000 0.0000 Total 18458760 1107704 6.0010 1107124 580 99.9476 0.0524 Total Total 115423636 97662075 84.6119 97661495 580 99.9994 0.0006 Whether resolution is Pass or Not. Yes Please note that voting rights on the shares transferred to ‘Investor Education and Protection Fund’ and ‘Unclaimed or Suspense or Escrow Account’ are frozen. Resolution (3) Resolution required: (Ordinary / Special) Special Whether promoter/promoter group are interested in the agenda/resolution? Revision of the remuneration of Mr. Sanjay Sachdeva (DIN: 11017868), Managing Director & Description of resolution considered Chief Executive Officer of the Company % of Votes % of votes in Mode of No. of No. of votes polled on No. of votes – in No. of votes – % of Votes against Category favour on votes voting shares held p o l l ed outstanding favour against on votes polled polled shares (1) (2) (3)=[(2)/(1)]*100 (4) (5) (6)=[(4)/(2)]*100 (7)=[(5)/(2)]*100 E-Voting 72240982 99.8600 72240982 0 100.0000 0.0000 Promoter Poll 72342279 0 0.0000 0 0 0.0000 0.0000 Postal Ballot Promoter (if applicable) 0 0.0000 0 0 0.0000 0.0000 Group Total 72342279 72240982 99.8600 72240982 0 100.0000 0.0000 E-Voting 24313389 98.7442 24313389 0 100.0000 0.0000 Poll 24622597 0 0.0000 0 0 0.0000 0.0000 Public- Postal Ballot Institutions (if applicable) 0 0.0000 0 0 0.0000 0.0000 Total 24622597 24313389 98.7442 24313389 0 100.0000 0.0000 E-Voting 1107698 6.0009 1100270 7428 99.3294 0.6706 Public- Non Poll 18458760 0 0.0000 0 0 0.0000 0.0000 Institutions Postal Ballot (if applicable) 0 0.0000 0 0 0.0000 0.0000 Total 18458760 1107698 6.0009 1100270 7428 99.3294 0.6706 Total Total 115423636 97662069 84.6118 97654641 7428 99.9924 0.0076 Whether resolution is Pass or Not. Yes Please note that voting rights on the shares transferred to ‘Investor Education and Protection Fund’ and ‘Unclaimed or Suspense or Escrow Account’ are frozen. Resolution (4) Resolution required: (Ordinary / [Showing first 8,000 characters — download PDF for full document]