Bajaj Electricals Limited at its board meeting held on May 14, 2024, recommended a dividend at the rate INR 3.00 per share (150%) of face value of INR 2 each on equity shares for the financial year ended March 31, 2024. The dividend, if approved by the shareholders at the upcoming 85th Annual General Meeting ("85th AGM"), will be credited/dispatched on or after August 10, 2024. The register of members and share transfer books will remain closed from July 20, 2024, to August 6, 2024 (both days inclusive) for the purpose of the forthcoming AGM and payment of dividend to be declared thereat.

The dividend on equity shares, if declared at the AGM, will be credited/dispatched as under: to all those shareholders holding shares in physical form, as per the details provided by the Registrar and share transfer agent of the Company that is, Link lntime India Private Limited to the Company, as of or before the closing hours on July 19, 2024 ("Record Date"); and to all those beneficial owners holding shares in electronic form, as per the beneficial ownership data made available to the Company by the National Securities Depository Limited (NSDL) and the Central Depository Services (India) Limited (CDSL) as of the close of business hours on July 19, 2024.