Bajaj Electricals Limited — Others, 09-07-2025: Shareholders meeting

Bajaj Electricals Limited has announced a board meeting for its 86th Annual General Meeting (AGM) to be held via video conferencing. The AGM will cover adoption of the financial results for the quarter and half-year, declaration of a dividend of ₹3.00 per share, and changes in the Board including the retirement of Mr. Rajiv Bajaj and the reappointment of Mrs. Pooja Bajaj. Mr. Nirav Nayan Bajaj will be appointed as a Non-Executive, Non-Independent Director. The company proposes to ratify the remuneration of Cost Auditors and appoint Messrs Makarand M. Joshi & Co. as Secretarial Auditors for five years. Approval is also sought for borrowing up to ₹500 crore through securities and to enhance overall borrowing limits to ₹3,000 crore, with related authorization for securing borrowings by creating charges on company assets. The dividend payment and e-voting details have been finalized to ensure smooth shareholder participation.