Bajaj Electricals planning to raise funds
17th May 2019

Bajaj Electricals is planning to raise funds by issue of equity shares or any other equity linked instruments or securities including convertible preference shares/ fully/ partly convertible debentures or by way of a composite issue of non-convertible debentures and warrants entitling the warrant holder(s) to apply for equity shares, or any other eligible securities through inter alia, a qualified institutions placement, private placement/ further public issue of equity/ debt securities, preferential issue or through any other permissible mode.

The meeting of the Board of Directors of the company is scheduled to be held on May 22, 2019, to consider the same.

Bajaj Electricals is an electrical equipments manufacturing company. It is engaged in the manufacturing of domestic appliances such as water heaters, mixers, food processors, microwave ovens, air coolers, steam & dry irons, etc.