Bajaj Electricals has informed that the Hon'ble National Company Law Tribunal, Mumbai Bench, vide its order dated March 01, 2024 (Order) [passed in the matter of Company Scheme Petition No. C.P (C.A.A)/250(MB)2023 connected with C.A. (CAA)/246(MB)2022) (Petition) in respect of the Scheme], has approved the Scheme of Merger by Absorption of Nirlep Appliances (Transferor Company) with Bajaj Electricals (Transferee Company) and their respective shareholders under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 (Scheme). A copy of the said Order, as received by the Company, is enclosed.
The above information is a part of company’s filings submitted to BSE.