Bajaj Electricals Ltd

Disclosure of the Material Information/Updates about Bajel Projects Limited - As per the terms prescribed under the observation letter No. DCS/AMAL/MJ/IP/2584/2022-23 dated December 02 2022 and No. NSE/LIST/30157_II dated December 05 2022 (Observation Letters) issued by BSE Limited and National Stock Exchange of India Limited (collectively the Stock Exchanges) respectively in the matter of the Scheme of Arrangement between Bajaj Electricals Limited (Demerged Company) and Bajel Projects Limited (Resulting Company) and their respective shareholders under Sections 230 to 232 and other applicable provisions of the Companies Act 2013 (Scheme)