Bajaj Consumer Care Limited Discloses Related Party Transactions for H2 FY26
Bajaj Consumer Care Limited disclosed its related party transactions for the six-month period from October 1, 2026 to March 31, 2026, including royalty expenses of ₹605.41 lakh to Bajaj Resources, sales of ₹527.95 lakh to Bajaj Corp International, and MD remuneration of ₹247.22 lakh to Naveen Pandey. The disclosure covers transactions with subsidiaries, entities under promoter control, and key management personnel.

*this image is generated using AI for illustrative purposes only.
bajaj consumer care has disclosed its related party transactions for the six-month period from October 1, 2026 to March 31, 2026, in compliance with Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure, dated April 17, 2026, has been submitted to both BSE Limited and National Stock Exchange of India Ltd. and will be available on the company's official website.
Key Transactions with Related Parties
The disclosure encompasses various categories of transactions including royalty expenses, rent payments, sales and purchases of goods, corporate social responsibility contributions, and remuneration to key management personnel and directors. The largest transaction during the period was royalty expense of ₹605.41 lakh paid to Bajaj Resources Private Limited, which exercises significant influence over the reporting entity. The opening balance stood at ₹519.01 lakh, with a closing balance of ₹314.31 lakh.
Subsidiary Transactions
Transactions with wholly-owned subsidiaries featured prominently in the disclosure. Bajaj Corp International (FZE) recorded sales of goods worth ₹527.95 lakh, with an opening balance of ₹393.48 lakh and closing balance of ₹752.29 lakh. Vishal Personal Care Limited received royalty expenses of ₹15.00 lakh and was involved in purchase of goods amounting to ₹83.69 lakh. Additionally, Rokea Chemical Industries Ltd, classified as a deemed related party, recorded sales of raw materials and packing materials worth ₹100.41 lakh.
Remuneration and Professional Fees
Key management personnel and directors received significant remuneration during the period. Managing Director Naveen Pandey was paid ₹247.22 lakh, while Chief Financial Officer Dilip Kumar Maloo received ₹54.93 lakh. Head Legal & Company Secretary Vivek Mishra received remuneration of ₹52.44 lakh. Among the directors, Non Executive Director Sumit Malhotra received professional fees of ₹75.00 lakh, while sitting fees were paid to independent directors including Lilian Jessie Paul (₹6.00 lakh), Anupam Dutta (₹6.00 lakh), Jagdish Acharya (₹5.50 lakh), and K S Narayanan (₹6.00 lakh). Chairman and Non Executive Director Kushagra Bajaj received sitting fees of ₹3.00 lakh.
Other Related Party Transactions
The company incurred rent expenses of ₹49.94 lakh to Bajaj Resources Private Limited for offices in Mumbai, Lucknow, and Udaipur. Abhitech Developers Private Limited received ₹7.02 lakh as rent for the Noida office. The Kamalnayan Jamnalal Bajaj Foundation received ₹172.84 lakh towards corporate social responsibility initiatives.
| Transaction Type | Counterparty | Value (₹ Lakh) | Opening Balance (₹ Lakh) | Closing Balance (₹ Lakh) |
|---|---|---|---|---|
| Royalty Expense | Bajaj Resources Private Limited | 605.41 | 519.01 | 314.31 |
| Rent Expense | Bajaj Resources Private Limited | 49.94 | 8.99 | - |
| Rent Expense | Abhitech Developers Private Limited | 7.02 | - | - |
| Corporate Social Responsibility | Kamalnayan Jamnalal Bajaj Foundation | 172.84 | - | - |
| Sales of Goods | Bajaj Corp International (FZE) | 527.95 | 393.48 | 752.29 |
| Royalty Expense | Vishal Personal Care Limited | 15.00 | 15.00 | 16.20 |
| Purchase of Goods | Vishal Personal Care Limited | 83.69 | 17.86 | 19.22 |
| Sales of RM PM | Rokea Chemical Industries Ltd | 100.41 | 135.26 | 151.40 |
Historical Stock Returns for Bajaj Consumer Care
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.27% | +5.71% | +29.30% | +65.98% | +158.57% | +57.51% |
How might the high receivables of ₹752.29 lakh from subsidiary Bajaj Corp International (FZE) impact the company's cash flow and working capital management in FY27?
Will the significant royalty payments to Bajaj Resources Private Limited continue at similar levels, and how could this affect the company's profitability margins going forward?
What expansion plans might justify the increased rent expenses across multiple locations, and could this signal geographic diversification strategy?


































