Bajaj Electricals Limited has issued a public notice regarding the loss of share certificates and the subsequent issuance of duplicate certificates, in compliance with regulatory requirements. The notice was published on April 3, 2026, fulfilling the company's obligations under SEBI Listing Regulations.

Regulatory Compliance and Publication Details

The company published the notice in two newspapers on April 3, 2026 - The Free Press Journal (English) and Navshakti (Marathi). This publication was made pursuant to the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. The notice was also made available on the company's website at www.bajajelectricals.com .

Share Certificate Details

The lost share certificate pertains to the following details:

Claims Process and Timeline

The company has established a 15-day window for shareholders to lodge any claims regarding these shares. In the absence of any claims lodged with the company at its registered office within this timeframe, Bajaj Electricals will proceed to issue duplicate certificates without any further intimation to stakeholders.

Corporate Communication

The notice was signed by Prashant Dalvi, Chief Compliance Officer & Company Secretary (ICSI Membership No.: A51129), and was digitally signed on April 3, 2026. The communication was addressed to both BSE Limited (Code No. 500031) and National Stock Exchange of India Limited (BAJAJELEC - Series: EQ), ensuring compliance with listing requirements on both exchanges.

Company Information

Bajaj Electricals Limited operates in the consumer appliances and lighting solutions sectors. The company's registered office is located at Muha House, 2nd Floor, 51, Mahatma Gandhi Road, Fort, Mumbai 400001, with CIN: L31500MH1938PLC009887.

Bajaj Electricals Limited has received a significant GST assessment order from the Madhya Pradesh tax authorities, demanding Rs 5.75 crore for alleged input tax credit discrepancies during the financial year 2019-20. The company disclosed this development to stock exchanges under regulatory compliance requirements on April 1, 2026.

Assessment Order Details

The assessment order was issued by the Office of the Deputy Commissioner of State Tax, Circle-10, Division-2, Zone-1, Indore, Madhya Pradesh, under Section 74 of the MPGST Act, 2017. The company received the order on March 31, 2026, at 5:54 p.m.

Company's Response Strategy

The management is currently evaluating appropriate legal remedies to challenge the assessment order. The company has indicated its intention to explore various legal options, which may include filing an appeal before the appropriate appellate authority against the said order.

Financial and Operational Impact

Bajaj Electricals has clarified the potential implications of this assessment order on its business operations. The company stated that if the demand materializes, the financial impact would be limited to the extent of the demand raised and penalty levied. Importantly, the management has emphasized that there is no impact on the operational, financial, or other activities of the company due to this assessment order.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation requires companies to disclose material events that could impact investor decisions, ensuring transparency in corporate communications.

The company has fulfilled its regulatory obligations by informing both BSE Limited and National Stock Exchange of India Limited about this development, maintaining compliance with applicable listing regulations.