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Non Independent DirectorNot Applicable1952-08-19falseActiveNA1994-11-282023-08-102000MrRajivnayan Rahulkumar Bajaj00018262Non-Executive - Non Independent DirectorNot Applicable1966-12-21falseActiveNA2019-05-222023-08-105011MsPooja Bajaj08254455Executive DirectorNot Applicable1982-05-06falseActiveNA2018-11-012024-05-141010MrShailesh V Haribhakti00007347Non-Executive - Independent DirectorNot Applicable1956-03-12falseActiveNA2019-08-072024-08-0764.255485MrSudarshan Sampathkumar01875316Non-Executive - Independent DirectorNot Applicable1962-01-23falseActiveNA2023-05-232023-05-2319.091121MrVikram Taranath Hosangady09757469Non-Executive - Independent DirectorNot Applicable1973-09-03falseActiveNA2023-11-062023-11-0613.255252MsSwati Shivanand Salgaocar03500612Non-Executive - Independent DirectorNot Applicable1982-05-15falseActiveNA2023-11-062023-11-0613.251110MrSaurabh Kumar06576793Non-Executive - Independent DirectorNot Applicable1967-12-14falseActiveNA2024-03-202024-03-209.121100truetruetruetruetrueAudit Committee00007347Shailesh V HaribhaktiNon-Executive - Independent DirectorChairperson2019-11-06Audit Committee01875316Sudarshan SampathkumarNon-Executive - Independent DirectorMember2024-04-01Audit Committee09757469Vikram Taranath HosangadyNon-Executive - Independent DirectorMember2024-04-01Nomination and remuneration committee01875316Sudarshan SampathkumarNon-Executive - Independent DirectorChairperson2024-04-01Nomination and remuneration committee00007347Shailesh V HaribhaktiNon-Executive - Independent DirectorMember2021-07-27Nomination and remuneration committee00089358Shekhar BajajExecutive DirectorMember2020-06-19Nomination and remuneration committee09757469Vikram Taranath HosangadyNon-Executive - Independent DirectorMember2024-04-01Stakeholders Relationship Committee01875316Sudarshan SampathkumarNon-Executive - Independent DirectorChairperson2024-04-01Mr. Sudarshan Sampathkumar was appointed as a Chairperson of SRC w.e.f. May 14, 2024.Stakeholders Relationship Committee00089358Shekhar BajajExecutive DirectorMember2019-04-01Stakeholders Relationship Committee08254455Pooja BajajExecutive DirectorMember2019-04-01Ms. Pooja Bajaj ceased to be a Chairperson and was appointed as a Member of SRC w.e.f. May 14, 2024.Risk Management Committee00089358Shekhar BajajExecutive DirectorChairperson2019-04-01Risk Management Committee03500612Swati Shivanand SalgaocarNon-Executive - Independent DirectorMember2024-04-01Risk Management Committee99999999E C PrasadChief Financial OfficerMember2021-08-11Mr. E C Prasad is the Chief Financial Officer of Bajaj Electricals Limited ("Company"), and he is not a member of the board of directors of the Company.Risk Management Committee99999999Rishiraj HaldankarHead of Department- Internal AuditorMember2019-04-01Mr. Rishiraj Haldankar is the Head of Department- Internal Auditor of Bajaj Electricals Limited ("Company"), and he is not a member of the board of directors of the Company.Risk Management Committee01875316Sudarshan SampathkumarNon-Executive - Independent DirectorMember2024-10-01Corporate Social Responsibility Committee08254455Pooja BajajExecutive DirectorChairperson2023-05-23Ms. Pooja Bajaj was appointed as a Chairperson of CSR Committee w.e.f. May 14, 2024.Corporate Social Responsibility Committee00089358Shekhar BajajExecutive DirectorMember2014-04-01Mr. Shekhar Bajaj ceased to be a Chairperson of CSR Committee and was appointed as a member of CSR Committee w.e.f. May 14, 2024.Corporate Social Responsibility Committee01875316Sudarshan SampathkumarNon-Executive - Independent DirectorMember2024-04-01Corporate Social Responsibility Committee06576793Saurabh KumarNon-Executive - Independent DirectorMember2024-04-012024-07-13true10952024-07-173true10952024-08-0619true101052024-11-0792true985Audit Committee2024-08-06true3330Audit Committee2024-11-0792true3330Nomination and remuneration committee2024-07-13true4430Nomination and remuneration committee2024-08-0623true4430Nomination and remuneration committee2024-11-0792true4430Stakeholders Relationship Committee2024-09-13true3310Stakeholders Relationship Committee2024-11-1461true3310Risk Management Committee2024-08-26true5512truetruetruetrueYestruetruetruePrashant DalviCompany Secretary and Compliance OfficerfalsePrashant DalviCompany Secretary and Compliance OfficerMumbai2025-02-0805500Central Board of Indirect Taxes and Customs ('Custom Authority')Payment of a nominal penalty of Rs.10,000/- to facilitate the release of the Company’s goods from Customs Authority.2024-10-21Due to a mismatch in the supplier’s name, which caused a delay in the filing of the Bill of Entry with the Customs Authority, a nominal penalty was imposed on the Company by the Customs Authority.No impact on the Company’s financial operations or other activities.Commissionerate of Taxes, Government of GujaratPayment of a nominal penalty of Rs.66/- due to the supplier’s failure to remit tax for invoices declared by the Company in Form GSTR-1.2024-12-30Certain suppliers of the Company had filed Form GSTR-3B with nil turnover and consequently failed to remit taxes corresponding to the invoices declared in GSTR-1.No impact on the Company’s financial operations or other activities.GST Appellate Authority, Punjab2023-12-20The Learned Assessing Officer (AO) has disallowed transitional credit claimed in TRAN-1 and TRAN-2 due to insufficient documentary evidence. In its defence, the Company intends to rely on judicial precedents, which firmly establish that "the utilisation of credit based on photocopies of invoices constitutes a procedural lapse and should not serve as grounds for disallowing the credit. Unless there is evidence indicating non-receipt of goods by the appellant, the credit cannot be denied." The Company has filed an appeal with reference AD030324049094G dated March 20, 2024. [Amount involved: Rs.11.06 crore]No change. Pending with the Appellate Authority.GST Appellate Authority, Madhya Pradesh2024-04-30The Company received an assessment order bearing reference ZD2304240215212 dated April 30, 2024 for FY 2018-19, against the Show Cause Notice (SCN). The AO has disallowed ITC Credit. The Company has filed an appeal with reference AD2307240119059 dated July 27, 2024. [Amount involved: Rs.8.81 crore]No change. Pending with the Appellate Authority.GST Appellate Authority, Bihar2024-08-21The Company received an assessment order no. ZD100824028520W dated August 21, 2024, wherein the AO disallowed credit notes without considering the relevant backup provided during the hearing for FY 2019-20. The Company has filed an appeal with ARN AD101124004486Q dated November 18, 2024, relying on recent judgments on similar issues. [Amount involved: Rs.13.74 crore]No change. Pending with the Appellate Authority.State Appellate Authority, Punjab CST2023-11-20The Learned AO disallowed submitted F-forms, as a few of these forms were issued manually by other states, and some forms were collected after the assessment order. The said forms are in the custody of the Company and will be submitted to the AO upon collection of all statutory forms. The Company intends to opt for the rectification of order route, which can be applied within two years from receipt of the order. [Amount involved: Rs.7.56 crore]No change. Pending with the Appellate Authority.