Bajaj Electricals has formed a unified Lighting Business segment by combining its Consumer Lighting Business and its Professional Lighting Business. The reorganisation and strengthening of the Company’s leadership is on the back of the on-going and significant transformation journey.
Over the last three years, Bajaj Electricals has undertaken multiple initiatives including the acquisition of further stakes in Nirlep Appliances, Starlite Lighting and the planned scheme of arrangement for split of the entity into two independent publicly listed companies (upon a demerger of its power infrastructure business). The planned split is likely to come into effect later this fiscal.
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.
