Bajaj Electricals has received approval to raise Rs 250 crore by way of issue of debt securities in the form of Unsecured Listed Redeemable Non-Convertible Debentures (NCDs) on a private placement basis. The Board of Directors of the company at their meeting held on January 2, 2019, approved the same.
Bajaj Electricals is an electrical equipments manufacturing company. It is engaged in the manufacturing of domestic appliances such as water heaters, mixers, food processors, microwave ovens, air coolers, steam & dry irons, etc.
