BAJAJ ELECTRICALS LTD. - Approval Of Dividend Distribution Policy In The Board Meeting Held Today On May 17, 2022

The Board in its Meeting held today has amended the Dividend Distribution Policy of the Company. In terms of the amendment, and subject to the parameters/circumstances given in the said revised Dividend Distribution Policy, the Board would endeavor to maintain a dividend pay-out in the range of 20-40% of the Company's Profit After Tax on standalone financials. The revised Dividend Distribution Policy is being uploaded on the website of the Company and is enclosed herewith.