December 20, 2023

To,
BSE Limited : Code No. 500031
Department of Corporate Services,
Phiroze Jeejeebhoy Towers,
Dalal Street, Mumbai- 400001

National Stock Exchange of India Limited : BAJAJELEC – Series: EQ

Listing Department Exchange Plaza,
Bandra Kurla Complex,
Bandra (East), Mumbai- 400 051

Sub.: Intimation in respect of Credit Rating under the Securities and Exchange Board of India
(Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI
Listing Regulations”) by Bajaj Electricals Limited (the “Company”)

Dear Sir/Madam,

Pursuant to the provisions of Regulation 30 (read with Schedule III) of the SEBI Listing Regulations, we
wish to inform you that, CRISIL Ratings Limited (“CRISIL”), vide its letter No.
RL/BAJELEC/333907/BLR/1223/75322 dated December 19, 2023, (“Letter”), has published the credit
rating solely to update the bank-wise facility details in line with RBI requirements.

The Company hereby confirms that there is no change in the credit rating assigned to the long-term
and short-term ratings for the Company’s Bank Loan Facilities of Rs.2,100 crore.

A copy of the said Letter, as received from CRISIL in this regard, is enclosed herewith.

We request you to take the above on record and treat the same as compliance under the applicable
provisions of the SEBI Listing Regulations.

Thanking you,

Yours faithfully,
For Bajaj Electricals Limited
Digitally signed by
PRASHANT PRASHANT
DALVI
ANANT

ANANT DALVI Date: 2023.12.20

18:16:38 +05'30'

Prashant Dalvi
Chief Compliance Officer & Company Secretary

Encl.: As above.

Corporate Office: Mulla House 51, Mahatma Gandhi Road, Mumbai 400 001
Tel: +91 22 6149 7000 | www.bajajelectricals.com

Registered Office: 45/47, Veer Nariman Road, Fort, Mumbai 400 001
Tel: +91 22 6110 7800 | Email: legal@bajajelectricals.com | CIN: L31500MH1938PLC009887