Bajaj Electricals Promoter Group Completes Inter-se Share Transfers Among Family Trusts and Associates
Bajaj Electricals Ltd. has seen minor adjustments in its promoter group holding following a series of inter-se equity share transfers among various promoter entities. The transactions, which involved both market and off-market segments, resulted in the total holding of the Promoter Group remaining stable at 62.69%.The company's paid up equity share capital for determining shareholder percentages was reported to be 11,53,90,713 Equity Shares as of June 2, 2026. Prior to these transactions, the total paid-up equity share capital stood at 11,44,22,184 Equity Shares as of December 31, 2020.
According to the details provided by the Promoter Group, before the acquisition and disposal activities, the Promoters held a total of 7,23,42,278 shares, equating to 62.69% of the diluted voting capital. Following all the inter-se transfers, the promoter holding increased slightly to 7,23,42,279 shares, maintaining a 62.69% stake.
The transactions involved numerous shareholder accounts and trusts within the Promoter Group, including:
| Shareholder Name | Total Shares Before Transfer | % Holding Before Transfer |
|---|---|---|
| A/c Nimisha Bajaj Family Trust | 2,06,575 | 0.18% |
| A/c Geetika Shekhar Bajaj Trust | 19,00,000 | 1.65% |
| A/c Personal (Shekhar Baial) | 28,14,639 | 2.41% |
| A/c Kumud Neelima Family Trust | 1,25,800 | 0.11% |
| A/c Nirai Bajaj | 11,30,882 | 0.99% |
The transactions spanned several years and involved both gifting and market transfers across different entities of the Promoter Group. Notable specific transactions include:
- An inter-se transfer through an off-market transaction by way of Gift Received involving A/c Geetika Shekhar Bajaj Trust, with a holding of 19,00,000 shares recorded on September 29, 2025.
- The transfer of equity shares to A/c Nimisha Bajaj Family Trust was conducted through an off-market transaction due to the change in trustee set for the Trust, reported on September 29, 2025.
- A transaction involving A/c Nirai Bajaj recorded a holding of 11,30,882 shares at 0.99% prior to the transfers.
The detailed records indicate various transfers completed in both market and off-market modes across different trusts and personal accounts belonging to the Promoter Group.
BAJAJELEC Stock Price Movement
Bajaj Electricals Limited is gaining ground in live trading, with shares rallying up 2.57% as of 12:10 PM, currently priced at ₹311.55. The stock activity registers on a considerable volume of 341,821 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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