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Bajaj Electricals incorporates wholly owned subsidiary company

20 Jan 2022 Evaluate

Bajaj Electricals has incorporated wholly-owned subsidiary company namely ‘Bajel Projects’ on January 19, 2022. Wholly-owned subsidiary company could act as a ready vehicle to enable the corporate structure of the Company to unlock growth and value creation for all business segments (Restructuring). 100% subscription to the share capital is in cash.

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.

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