Bajaj Electricals Limited has informed the Exchange that Record date for the purpose of Dividend is 17-Jul-2026.
BAJAJELEC · price
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Bajaj Electricals reported a net loss of Rs. 7,726 lakhs for FY2026 (vs profit of Rs. 13,342 lakhs in FY2025), driven by exceptional items totaling Rs. 9,115 lakhs including impairment of goodwill (Rs. 2,644 lakhs), moulds and dies (Rs. 2,931 lakhs), and new labour codes impact (Rs. 2,872 lakhs). Revenue declined to Rs. 44,622 lakhs from Rs. 48,284 lakhs. The Board declared a final dividend of Rs. 3 per share (150% on face value of Rs. 2), maintaining last year's rate in celebration of Bajaj Group's 100 years. Record date for dividend is July 17, 2026. Ms. Ashween Anand appointed as CFO from May 16, 2026. Shareholders' approval sought to raise funds up to Rs. 500 crore via securities issuance.
Despite posting a loss, the company maintained dividend at previous year's level, signaling confidence. The stock may react negatively to the loss but the dividend commitment could provide support to shareholders.