Bajaj Electricals’ board has approved a review of its corporate structure, including a move to hive off its power transmission and power distribution business verticals as an independent entity. The company would explore a full range of options and alternatives, including demerger, subsidiarisation and strategic partnerships.
The step has been taken up considering the varied nature and potential opportunities of each of the business segments and the need for a focused approach to unlock these opportunities.
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.
