SHEKHAR BAJAJ
Bajaj Electricals exec chairman Shekhar Bajaj to become non-executive board member from January
Bajaj Electricals executive chairman Shekhar Bajaj will step down from his current role by the end of 2026 after leading the company for four decades. He will transition to a non-executive board position from January 1, 2027, subject to shareholder approval. The move is part of the company’s shift towards a professionally managed, board-led governance model, it said.
Bajaj Electricals elevates Anuj Poddar to the role of Managing Director, CEO
Bajaj Electricals Chairman Shekhar Bajaj said over the last few years a significant transformation journey has been embarked at Bajaj Electricals - involving many changes on the business as well as the organisational front. The company has also separated the post of chairman and managing director and its patron Shekhar Bajaj will continue as the executive chairman of the company.
Bajaj Auto defers share buyback; Shekhar Bajaj steps down
"We wish to inform that the board...has decided that further deliberations are required in order to take a decision on the proposal of buyback, and accordingly deferred the matter," Bajaj Auto said in a customary filing with the exchanges.
Shekhar Bajaj resigns from Bajaj Auto board
Shekhar Bajaj is the chairman and managing director of Bajaj Electricals since 1994.
Bajaj Electricals board approves review of corporate structure
BEL Chairman and Managing Director Shekhar Bajaj said, "We believe the time is now ripe to build further on this and review our structures to enable unconstrained business growth for each business segment".
Anuj Poddar appointed executive director on board of Bajaj Electricals
Anuj Poddar joins Bajaj Electricals from Viacom 18 Media where he was a part of its Leadership Team and was one of its founding team members.
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Bajaj Electricals to induct late MD’s wife into board
Bajaj Electricals is also hiring a new executive director, who will take the responsibilities of chief operating officer soon and may later be made its chief executive.
Maximum growth to come from rural markets: Shekhar Bajaj, Bajaj Electricals
"We would like to keep revenue share of consumer product and EPC business it at a 50-50 level."
We bid aggressively to get 4-5 orders, but ended up with 16 in UP: Shekhar Bajaj, Bajaj Electricals
“Many of the low-cost houses do not exist and the order may be cut from Rs 5000-cr to Rs 3,500 cr.”
Bajaj family starts the process to pass their wealth to younger generation
The Bajaj Group, which traces its history back 90 years to Jamnalal Bajaj, is now owned by four promoters-- Rahul Bajaj, along with Shekhar, Madhur and Niraj.
Lowering GST rates helped sales, maximum traction in economy segment: Shekhar Bajaj, Bajaj Electricals
“Our distribution is now focused on semi-urban areas; that is where we see future growth”
We are implementing FMCG model for small consumer durable products: Shekhar Bajaj, Bajaj Electricals
"Our products have better scope in rural markets and that is why we are spending all our energies in trying to expand that and to improve upon that. "
Consumer durables will show a double-digit growth next year: Shekhar Bajaj, CMD, Bajaj Electricals
Shekhar Bajaj, CMD, Bajaj Electricals talks about the business outlook and that he expects a double-digit growth rate for consumer durables next year.
To create portfolio for online sales, to be 15% of overall business: Shekhar Bajaj, Bajaj Electricals
"In online, many players are buying goods at a particular price and sell them at a loss to gain a market share. That cannot sustain for long."
Bajaj Electricals aims 17-18 pc jump in topline
"This year (FY 15') our revenue should be around Rs 4,700 crore as against Rs 4,000 crore achieved last year," Bajaj Electricals CMD Shekhar Bajaj said here today.
Bajaj Electricals profit declines 64 per cent in Q3
Anant Bajaj, joint MD, Bajaj Electricals said the company has recently received orders worth Rs 275 crore and the current order book stands at Rs 970 crore.
Bajaj Electricals looking at acqusitions worth upto Rs 1000 crore
Shekhar Bajaj said that there are opportunities at present as Europe and major western economies are in a slowdown.
Bajaj Electricals scouts for brands with Rs 1,000 crore corpus
Bajaj Group company Bajaj Electricals Ltd is scouting for acquisition, including brands in electricals and lighting with a corpus of Rs 1,000 crore.
Bajaj Electricals merges international business arm with itself from Bajaj International
As part of a larger reconstruction plan, the Shekhar Bajaj-led firm has also moved all the employees of Bajaj International Pvt Ltd to BEL.
Shekhar Bajaj sells 21.75 lakh shares to two promoters
Shekhar Kumar Bajaj, one of the promoters of Bajaj Electricals, today sold his 21.75 lakh shares in the company to two promoter entities for over Rs 39 crore.
Shekhar Bajaj sells 21.75 lakh shares to two promoters
The shares have been sold to two promoters, Anant Shekhar Kumar Bajaj and Geetika S Bajaj, in open market transactions, as per the block deal data available on the stock exchanges.
Bajaj Electricals cosies up to shoppers to take on MNCs
"If you are directly involved with them (consumers), it's an added advantage since the market is becoming hyper competitive," says Bajaj.
Growth level of around 20% year to year for next 3 years very much possible: Shekhar Bajaj
Shekhar Bajaj, Chairman & Managing Director, Bajaj Electricals is quite confident of a growth level of around 20% year to year for the next 3 years.
Expect FY12 revenues at Rs 3400 crore: Shekhar Bajaj, CMD, Bajaj Electricals
Shekhar Bajaj, CMD, Bajaj Electricals in an interview with ET Now talks about the growth projections for the company in FY12.
See 35% growth in revenue this fiscal: Chairman & MD, Bajaj Electricals
Shekhar Bajaj, Chairman & MD, Bajaj Electricals, says that the cost inflation could hit margins.
Bajaj Holdings hikes stake in Bajaj Electricals to 31.65 pc
Bajaj Holdings & Investment Ltd, the holding company of Bajaj Group, has hiked stake in Bajaj Electricals by nearly 19 per cent for Rs 76.88 crore through open market transactions.
Promoters up stake in Bajaj Electricals through open offer
The promoters of Bajaj Electricals have scaled up their stake by around 7% to 75% in the company through an open offer. The offer was made on behalf of the Bajaj family including Rahul Bajaj, Shekhar Bajaj, Madhur Bajaj and Niraj Bajaj.
Name Game: 'bajaj' makes way for 'BAJAJ'
What's in a name? A lot, particularly in the way it is written. This is particularly true for the ‘Bajaj’ brand.
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