Bajaj Electricals has informed that it enclosed disclosure of the Material Information/Updates about Bajel Projects, as per the terms prescribed under the observation letter No. DCS/AMAL/MJ/IP/2584/2022-23 dated December 02, 2022 and No. NSE/LIST/30157_II dated December 05, 2022 (Observation Letters), issued by BSE and National Stock Exchange of India (collectively the ‘Stock Exchanges’), respectively, in the matter of the Scheme of Arrangement between Bajaj Electricals (Demerged Company) and Bajel Projects (Resulting Company) and their respective shareholders under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013.
The above information is a part of company’s filings submitted to BSE.
