BAJAJ ELECTRICALS LIMITED - Addendum
BAJAJ ELECTRICALS LIMITED - Addendum
BAJAJ ELECTRICALS LIMITED - Addendum
This is only an advertisement for information purposes and not for publication, distribution or release directly or indirectly outside India. This is not an announcement for the offer document. All capitalized terms used and not defined herein shall have the meaning assigned to them in the letter of
offer dated January 31, 2020 (the “Letter of Offer” or “LOF”) filed with the Stock Exchanges, namely BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE” and together with BSE, “Stock Exchanges”) and the Securities and Exchange Board of India (“SEBI”)
Bajaj Electricals Limited (the “Company” or the “Issuer”) was originally incorporated as “Radio Lamp Works Limited” on July 14, 1938, pursuant to a certificate of incorporation issued by the Registrar of Joint Stock Companies, Punjab. Our Company received the certificate of commencement of business from
the Registrar of Joint Stock Companies, Punjab on September 12, 1938. Subsequently, the name of our Company was changed to its present name, i.e Bajaj Electricals Limited, pursuant to a certificate of change of name dated October 1, 1960, issued by the RoC. For further details, see “History and Corporate
Structure” on page 61 of the LOF
Registered Office: 45/47, Veer Nariman Road, Mumbai 400 001, Maharashtra, India; Corporate Office: 001, 502, 701 & 801, Rustomjee Aspiree, Bhanu Shankar Yagnik Marg, Off Eastern Express Highway, Sion (East), Mumbai 400 022, Maharashtra, India; Tel: +91 22 6110 7800; Contact Person: Ajay Nagle,
Company Secretary and Compliance Officer, Tel: +91 22 6110 7800 / 6149 7000; E-mail: legal@bajajelectricals.com; Website: www.bajajelectricals.com; Corporate Identity Number: L31500MH1938PLC009887.
PROMOTERS OF OUR COMPANY: RAHULKUMAR BAJAJ, SHEKHAR BAJAJ, MADHUR BAJAJ, NIRAJ BAJAJ AND NIRAVNAYAN TRUST
ISSUE OF UP TO 11,290,142 EQUITY SHARES OF FACE VALUE OF ` 2 EACH ("RIGHTS EQUITY SHARES") OF OUR COMPANY FOR CASH AT A PRICE OF ` 310 PER RIGHTS EQUITY SHARES (INCLUDING A PREMIUM OF ` 308 PER RIGHTS EQUITY SHARE)
AGGREGATING UP TO ` 3,499.94 MILLION ON A RIGHTS BASIS TO THE ELIGIBILE EQUITY SHAREHOLDERS OF OUR COMPANY IN THE RATIO OF 13 RIGHTS EQUITY SHARES FOR EVERY 118 EQUITY SHARES HELD BY THE ELIGIBLE EQUITY SHAREHOLDERS OF
OUR COMPANY ON THE RECORD DATE, THAT IS, ON FEBRUARY 6, 2020 (THE "ISSUE")
LEAD MANAGER TO THE ISSUE REGISTRAR TO THE ISSUE COMPANY SECRETARY AND COMPLIANCE OFFICER
Ajay Nagle, Company Secretary and Compliance Officer
Bajaj Electricals Limited
45/47, Veer Nariman Road, Mumbai 400 001, Maharashtra, India
Edelweiss Financial Services Limited Link Intime India Private Limited Tel: 022-6110 7800 / 6149 7000
14th Floor, Edelweiss House, Off CST Road, Kalina, Mumbai 400 098, Maharashtra, India C-101, 247 Park, L. B. S. Marg, Vikhroli (West), Mumbai 400 083, Maharashtra, India E-mail: legal@bajajelectricals.com
Tel: +91 22 4009 4400 Tel: +91 22 4918 6200 Investors may contact the Registrar to the Issue or the Company Secretary and Compliance
E-mail: bel.rights@edelweissfin.com E-mail: bajajelectricals.rights@linkintime.co.in Officer for any pre- Issue/ post-Issue related matters. All grievances relating to the ASBA
Website: www.edelweissfin.com Website: www.linkintime.co.in process may be addressed to the Registrar to the Issue, with a copy to the SCSB, giving full
Investor Grievance E-mail: customerservice.mb@edelweissfin.com Investor grievance e-mail: bajajelectricals.rights@linkintime.co.in details such as name, address of the applicant, number of Equity Shares applied for, amount
Contact Person: Yashraj Shetty Contact Person: Sumeet Deshpande blocked, ASBA Account number and the Designated Branch of the SCSB where the CAF, or
SEBI Registration Number: INM0000010650 SEBI Registration No.: INR000004058 the plain paper application, as the case may be, was submitted by the ASBA Investors.
For BAJAJ ELECTRICALS LIMITED
On behalf of the Board of Directors
Sd/-
Place: Mumbai Ajay Nagle
Date: February 13, 2020 Company Secretary and Compliance Officer
BAJAJ ELECTRICALS LIMITED is proposing, subject to market conditions and other considerations, a rights issue of its Equity Shares and has in this regard filed a Letter of Offer dated January 31, 2020 with SEBI and the Stock Exchanges. The LOF is available on the website of SEBI at www.sebi.gov.in, the
Stock Exchanges i.e. National Stock Exchange of India Limited at www.nseindia.com, BSE Limited at www.bseindia.com and the website of the Lead Manager to the Issue, i.e., Edelweiss Financial Services Limited at www.edelweissfin.com. Investors should note that investment in equity shares involves a
degree of risk and for details relating to the same, please see the section entitled “Risk Factors” beginning on page 13 of the LOF.
The Rights Entitlements and the Rights Equity Shares have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), or under any securities law of any state of the United State of America and may not be offered or sold the United States (as defined in
Regulation S under the Securities Act (“Regulation S”)) except pursuant to an exemption from, or a transaction not subject to, the registration requirements of the Securities Act and the applicable securties law of any state of the United States. The Rights Equity Shares are being offered and sold only outside the
United States in reliance on Regulation S.
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