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xbrli:pure

500031

BAJAJELEC

NOTLISTED

INE193E01025

Bajaj Electricals Limited

2025-04-01

2026-03-31

Quarterly

2025-06-30

Equity

true

false

During the quarter ended June 30, 2025, the Company has not acquired, directly or indirectly, shares or voting rights in unlisted companies in terms of sub-para 1 of para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

true

Top 1000 listed entities

true

b00019

Original

(a) Sad Demise of Late Mr. Madhur Bajaj (DIN: 00014593) happened on April 11, 2025.

******

true

false

Shekhar Bajaj

******

00089358

Executive Director

Chairperson related to Promoter

1948-06-08

false

Active

1984-11-01

2022-08-12

Sanjay Sachdeva

******

11017868

Executive Director

Not Applicable

CEO-MD

1965-07-01

false

Active

2025-04-15

Mrs

Pooja Bajaj

******

08254455

Executive Director

Not Applicable

1982-05-06

false

Active

2018-11-01

2024-05-14

Nirav Nayan Bajaj

******

08472468

Non-Executive - Non Independent Director

Not Applicable

1991-04-23

false

Active

2025-05-12

Rajivnayan Rahulkumar Bajaj

******

00018262

Non-Executive - Non Independent Director

Not Applicable

1966-12-21

false

Active

2019-05-22

2023-08-10

Shailesh V Haribhakti

******

00007347

Non-Executive - Independent Director

Not Applicable

1956-03-12

false

Active

2019-08-07

2024-08-07

70.25

Sudarshan Sampathkumar

******

01875316

Non-Executive - Independent Director

Not Applicable

1962-01-23

false

Active

2023-05-23

25.09

Vikram Taranath Hosangady

******

09757469

Non-Executive - Independent Director

Not Applicable

1973-09-03

false

Active

2023-11-06

19.25

Swati Shivanand Salgaocar

******

03500612

Non-Executive - Independent Director

Not Applicable

1982-05-15

false

Active

2023-11-06

19.25

Saurabh Kumar

******

06576793

Non-Executive - Independent Director

Not Applicable

1967-12-14

false

Active

2024-03-20

15.12

Madhur Bajaj

******

00014593

Non-Executive - Non Independent Director

Not Applicable

1952-08-19

false

Inactive

1994-11-28

2023-08-10

2025-04-11

Others

true

Audit Committee

00007347

Shailesh V Haribhakti

Non-Executive - Independent Director

Chairperson

2019-11-06

Audit Committee

01875316

Sudarshan Sampathkumar

Non-Executive - Independent Director

Member

2024-04-01

Audit Committee

09757469

Vikram Taranath Hosangady

Non-Executive - Independent Director

Member

2024-04-01

Nomination and remuneration committee

01875316

Sudarshan Sampathkumar

Non-Executive - Independent Director

Chairperson

2024-04-01

Nomination and remuneration committee

00089358

Shekhar Bajaj

Executive Director

Member

2020-06-19

Nomination and remuneration committee

00007347

Shailesh V Haribhakti

Non-Executive - Independent Director

Member

2021-07-27

Nomination and remuneration committee

09757469

Vikram Taranath Hosangady

Non-Executive - Independent Director

Member

2024-04-01

Stakeholders Relationship Committee

01875316

Sudarshan Sampathkumar

Non-Executive - Independent Director

Chairperson

2024-04-01

Mr. Sudarshan Sampathkumar was appointed as a Chairperson of SRC w.e.f. May 14, 2024.

Stakeholders Relationship Committee

00089358

Shekhar Bajaj

Executive Director

Member

2019-04-01

Stakeholders Relationship Committee

08254455

Pooja Bajaj

Executive Director

Member

2019-04-01

Ms. Pooja Bajaj ceased to be a Chairperson and was appointed as a Member of SRC w.e.f. May 14, 2024.

Risk Management Committee

00089358

Shekhar Bajaj

Executive Director

Chairperson

2019-04-01

Risk Management Committee

01875316

Sudarshan Sampathkumar

Non-Executive - Independent Director

Member

2024-10-01

Risk Management Committee

03500612

Swati Shivanand Salgaocar

Non-Executive - Independent Director

Member

2024-04-01

Risk Management Committee

99999999

E C Prasad

Chief Financial Officer

Member

2021-08-11

Mr. 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 Committee

99999999

Rishiraj Haldankar

Head of Department- Internal Auditor

Member

2019-04-01

Mr. 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.

Corporate Social Responsibility Committee

08254455

Pooja Bajaj

Executive Director

Chairperson

2023-05-23

Ms. Pooja Bajaj was appointed as a Chairperson of CSR Committee w.e.f. May 14, 2024.

Corporate Social Responsibility Committee

00089358

Shekhar Bajaj

Executive Director

Member

2014-04-01

Mr. 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 Committee

01875316

Sudarshan Sampathkumar

Non-Executive - Independent Director

Member

2024-04-01

Corporate Social Responsibility Committee

06576793

Saurabh Kumar

Non-Executive - Independent Director

Member

2024-04-01

2025-02-04

true

2025-03-19

true

2025-03-28

true

2025-05-12

true

Audit Committee

2025-02-04

true

Audit Committee

2025-03-19

true

Audit Committee

2025-05-12

true

Nomination and remuneration committee

2025-02-04

true

Nomination and remuneration committee

2025-03-28

true

Nomination and remuneration committee

2025-05-12

true

Stakeholders Relationship Committee

2025-02-04

true

Stakeholders Relationship Committee

2025-05-29

113

true

Risk Management Committee

2025-03-19

true

Corporate Social Responsibility Committee

2025-03-19

true

Corporate Social Responsibility Committee

2025-05-12

true

Yes

true

Prashant Dalvi

Company Secretary and Compliance Officer

false

Prashant Dalvi

Company Secretary and Compliance Officer

Mumbai

2025-07-28

Office of the Commissioner of GST & Central Excise (Appeals-I), Chennai

Revision in the total tax demand comprising a tax amount of Rs.0.37 lakh, interest of Rs.0.40 lakh, and a general penalty of Rs.0.20 lakh

2025-04-28

The Office of the Commissioner of GST & Central Excise (Appeals-I), Chennai, had issued an appeal order dated March 24, 2025, whereby the tax demand demanded earlier for the FY 2017-18, based on various points from the inspection report issued by the Comptroller and Auditor General, was reduced. The Company has accepted the revised demand and has made the payment.

No impact on the Company’s financial operations or other activities.

Office of the Assistant Commissioner of Central Goods And Services Tax, Division- VII (Shirur), Pune-I Commissionerate, Pune

The Company had received Order in Original dated April 30, 2025, for service tax matter related to Ranjangaon Unit for the Period October 2015 to March 2017. In the said order total demand of Rs. 71,746 was raised which inter alia included a general penalty of Rs. 14,956

2025-05-07

The Company was in receipt of a Service Tax Order in Original related to the Ranjangaon Unit for the period starting from October 2015 to March 2017. The Company has accepted the demand raised in the said Order and has made the payment.

No impact on the Company’s financial operations or other activities.

Office of Assistant Commissioner of Commercial Taxes, (Audit)-1.8, DGSTO-1, Bangalore.

The Company made a payment against DRC-01A for the wrong tax head selected in the Financial Year 2018-19 in the state of Karnataka of Rs 27,000 (tax) and Rs 4,050 (penalty) to close the issue.

2025-06-23

The Company had inadvertently selected the wrong tax head in return in form GSTR-3B for the Financial Year 2018-19 in the state of Karnataka. The Company has accepted the demand raised in the said Order and has made the payment.

No impact on the Company’s financial operations or other activities.

GST Tribunal Authority, Bihar

2024-08-21

The 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]

The Company has received an appeal order dated February 18, 2025, wherein the Appellate authority passed order against the Company and directed to make the total demand of Rs. 13.74 crore. The Company is in process of filing appeal with the Tribunal or will opt to file a writ in the High Court.

GST Appellate Authority, Madhya Pradesh

2024-04-30

The 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 - Punjab

2025-02-20

The Company received an assessment order no. ZD0302250261251 dated February 20, 2025, wherein the AO disallowed credit notes, alleged short payment of taxes, etc., without considering the relevant backup provided during the hearing for FY 2020-21. The Company is in process of filing an appeal with the Appellate Authority, relying on recent judgments on similar issues. [Amount involved: Rs.14.08 crore]

Pending with Appellate Authority

GST Appellate Authority - Uttar Pradesh

2025-02-27

The Company received an assessment order no. ZD090225372855Z dated February 27, 2025, wherein the AO disallowed GST Input tax credit, without considering the relevant backup provided during the hearing for FY 2020-21. The Company is in process of filing an appeal with the Appellate Authority, relying on recent judgments on similar issues. [Amount involved: Rs.10.95 crore]

Pending with Appellate Authority