Bajaj Electricals Limited's Siddharth Mehta, Independent Director Not to Seek Re- Appointment for the Second Term
May 27, 2021 at 07:00 am
Share
Bajaj Electricals Limited informed that Shri Siddharth Mehta an Independent Director of the Company, whose current term is expiring on May 29, 2021, has conveyed his desire not to seek re-
appointment for the second term, owing to his professional commitments. Accordingly, Shri Mehta's tenure as an Independent Director of the Company shall come to an end on May 29, 2021.
Bajaj Electricals Limited is engaged in the marketing of various consumer household and industrial goods. The Company operates through two segments: Consumer Products and Lighting Solutions. The Consumer Products segment is engaged in the manufacturing and trading of consumer durables products which includes fans, domestic appliances, kitchen appliances, and non-electrical kitchen aids. The Lighting Solutions segment is engaged in the manufacturing and trading of lighting products which includes light-emitting diode (LED) products, such as lamps, bulbs, battens and ceiling lights in consumer lighting and poles, high mast, street lighting, area lighting, in professional lighting. It also provides various fans comprising ceiling, pedestal, table, wall, personal, domestic, and others. It also involved in the engineering, procurement and commissioning of power transmission and power distribution infrastructure. It operates approximately 2,00,000 retail outlets.