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Board of Bajaj Electricals authorises review of corporate restructuring

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Capital Market
Last Updated : Dec 09 2021 | 5:04 PM IST

At meeting held on 09 December 2021

The Board of Bajaj Electricals at its meeting held on 09 December 2021 has authorised some of the directors and officials of the Company (BEL Management) to review the corporate structure of the Company to unlock growth and value creation for all business segments (Restructuring). The Board, in the same Meeting, has also approved the formation of a wholly owned subsidiary of the Company, which could provide a ready vehicle to enable the above Restructuring.

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First Published: Dec 09 2021 | 4:53 PM IST

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