Bajaj electricals Limited announced that its Nomination and Remuneration Committee has approved the grant of 2,228 stock options under the Performance Stock Option Plan 2023 to 2 eligible employees. The approval was granted during the committee meeting held on February 9, 2026, in accordance with the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

Stock Option Grant Details

The company disclosed comprehensive details of the stock option grant as required under Regulation 30 of the SEBI Listing Regulations. The grant covers 2,228 performance stock options that will result in an equivalent number of fully paid-up equity shares upon exercise.

Pricing and Exercise Terms

The exercise price of the options has been set at Rs.2/- per equity share, which equals the face value of the company's equity shares. Each option entitles the holder to one fully paid-up equity share of Rs.2/- each, subject to the terms and conditions specified in the PSOP Plan 2023.

The exercise period for these options is two years from the date of respective vesting, except for specific events outlined in the PSOP Plan 2023. Currently, no options have been vested or exercised under this grant.

Regulatory Compliance

The Performance Stock Option Plan 2023 is in full compliance with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The company noted that while this information has not triggered the threshold of materiality, it is being disclosed as part of good corporate governance practices.

The significant terms of the PSOP Plan 2023 were previously disclosed in the Explanatory Statement forming part of the Postal Ballot Notice dated November 6, 2023, which is available on the company's website. The disclosure was made pursuant to Regulation 30 of the SEBI Listing Regulations and the SEBI Master Circular dated January 30, 2026.

Bajaj Electricals has announced the launch of its new 'Bajaj Secura Wires' product line, marking the company's strategic expansion into high-quality wiring solutions for lighting applications. The new product range represents the company's commitment to delivering premium electrical products to the local market.

Product Specifications and Features

The newly launched Bajaj Secura Wires product line incorporates several advanced technical features designed to meet modern electrical requirements:

Market Positioning Strategy

The company's introduction of the Bajaj Secura Wires line demonstrates its focus on capturing market share in the electrical wiring segment. By emphasizing high copper purity and advanced insulation technology, Bajaj Electricals is positioning these products as premium offerings in the lighting solutions category.

The 99.9% copper purity specification ensures optimal electrical conductivity, while the advanced insulation technology provides enhanced safety and durability features. These technical specifications align with industry standards for high-quality electrical wiring products.

Product Line Expansion

This launch represents Bajaj Electricals' continued diversification within the electrical products sector. The Secura Wires range adds to the company's existing portfolio, targeting specific applications in lighting solutions while maintaining focus on the domestic market segment.