About
Basic Data Updated:
6 days agoBajaj Electricals Limited, previously known as Radio Lamp Works Limited, has been divided into two segments, namely consumer products and engineering projects, as per the credit rating report. The consumer products segment includes a wide range of appliances, fans, and consumer lighting products. On the other hand, the engineering projects segment comprises of transmission line towers, telecommunication towers, high masts, poles, special projects, and rural electrification projects. The company offers a variety of fans, including ceiling, table, pedestal, wall, fresh air, and industrial fans, along with lighting solutions such as light sources, light emitting diode-based lighting products, domestic luminaries, torches, and lanterns. The manufacturing and assembling units of BEL are locate... Read More
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Website1222442
- Telephone1222442
- Email Address1222442
- Social Media1222442
Products or Services related to Bajaj Electricals Limited
Financials of Bajaj Electricals Limited
Enhance accessibility to Bajaj Electricals's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.
Corporate Structure
Unlock access to Bajaj Electricals's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Bajaj Electricals Limited
Unlock and access historical data on people associated with Bajaj Electricals, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (3)
- Anuj Poddar Managing Director
Appointment Date: 30-May-2016
Status: Current
EP
Ellatch Prasad CFOAppointment Date: 01-Jul-2021
Status: Current
PD
Prashant Dalvi Company SecretaryAppointment Date: 01-Jul-2023
Status: Current
Board Members(11)
Charges (Loans)
Lender | Amount | Status |
---|---|---|
Others Creation Date: 06 Jul 2023 | ₹1.24 Cr | Open |
Sbicap Trustee Company Limited Creation Date: 30 Aug 2010 | ₹3,080.00 Cr | Open |
Standard Chartered Bank Creation Date: 27 Apr 2018 | ₹52.00 Cr | Satisfied |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Bajaj Electricals, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Bajaj Electricals's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alert
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Related Corporates (Common Directorship)
Recent activity within the organization
Charges
A charge with Sbicap Trustee Company Limited of Rs. 3,080.00 cr registered on 30 Aug 2010 with Charge ID 10240258 was modified on 26 Feb 2024.
26 Feb 2024Annual General Meeting
Bajaj Electricals Limited last Annual general meeting of members was held on 10 Aug 2023 as per latest MCA records.
10 Aug 2023Charges
A charge with Others amounted to Rs. 1.24 cr with Charge ID 100753764 was registered on 06 Jul 2023.
06 Jul 2023Charges
A charge registered on 27 Apr 2018 via Charge ID 100174061 with Standard Chartered Bank was fully satisfied on 12 Jun 2023.
12 Jun 2023Director Appointment
Sudarshan Sampathkumar was appointed as a Director was appointed as a Director on 23 May 2023 & has been associated with this company since 11 months 4 days .
23 May 2023
Recent News, Updates & Announcement
- Bajaj Electricals Q2 results Net profit declines 56 at 2728 crore Mint.
Bajaj Electricals net sales declined 376 to 110740 crore in the second quarter of the current fiscal as against 115077 crore in the yearago period.
mint 06 Nov 2023
- Bajaj Electricals Q1 profit falls 136 as unseasonal rains inflation hit demand.
Deccan Herald 11 Aug 2023
- Bajaj Electricals to increase its play in the premium segment.
Bajaj Electricals plans to launch new premium products to increase its revenue contribution from upscale products The company will be launching a Morphy Richards range in the latter half of this year Its recent launch of a new brand Nex targets upscale consumers with its premium range of appliances Bajaj Electricals looks to focus on brand upliftment and product premiumisation by launching new products to grow market share .
Economic Times 28 May 2023
- Bajaj Electricals Q4 profit up 34 YoY to Rs 52 cr total revenue rises 12.
Business Standard 23 May 2023
- Announcing the launch of Nex Technology.
The consumer appliances industry saw the launch of Nex a premium brand for discerning urban Indians The brand aims to deliver bestinclass performance and a heightened sensorial experience Nex launched its range of ceiling fans that redefine the industry by offering a 20 higher air thrust compared to conventional fans in the market They also boast of low noise and the energyefficient BLDC technology Consumers can purchase them exclusively on Amazon and Flipkart and beat the summer heat.
Devdiscourse 10 May 2023
Frequently asked questions
What is the Incorporation or founding date of Bajaj Electricals Limited?