News Announcement

Bajaj Electricals: Erratum - Grant Of 2 02 500 Stock Options Under The Company'S Employee Stock Option Scheme 2015

We refer to our letter dated August 12 2022 on the captioned subject and hereby state that in the said letter the option price for the grant of total 2 02 500 Stock Options under the Companys ESOP Scheme 2015 to 41 eligible employees was inadvertently reported as Rs.1 161.40 per option instead of Rs. 1 156.40 per option. The said 2 02 500 Stock Options were granted at a price of Rs.1 156.40 per option which was the closing market price of the Companys equity share on the National Stock Exchange of India Limited where the traded volume in the Companys shares was higher on August 11 2022.

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