Bajaj Electricals was incorporated as Radio Lamp Works Limited under the Indian Companies Act, 1913 as a public company limited by shares, pursuant to a certificate of incorporation dated July 14, 1938. Subsequently the name of Company was changed to Bajaj Electricals Limited, pursuant to a fresh certificate of incorporation dated October 1, 1960.
In 1964, Matchwell Electricals (India) Limited, (“Matchwell”), a manufacturer of electric fans became a subsidiary of
Bajaj Electricals and subsequently, with effect from July 1, 1984, the business and undertaking of Matchwell was amalgamated with Company.
In the financial year 1993-1994, Bajaj Electricals entered into a joint venture with Black & Decker Corporation, United States, for the manufacture and marketing of power tools, household appliances, and related accessories, through a separate company named Black & Decker Bajaj Private Limited, (“Black & Decker Bajaj”). During the financial year 1999-2000 Black & Decker Bajaj became a 100% subsidiary of
Bajaj Electricals upon ompany acquiring a further 50% of the shareholding thereof from Black & Decker Corporation, pursuant to which Black & Decker Bajaj was renamed as Bajaj Ventures Limited. However, in the financial year 2002-2003, Company divested 50% of its shareholding in Bajaj Ventures Limited and Bajaj Ventures Limited ceased to be a subsidiary of Company.
In January 1998,Bajaj Electricals established a new manufacturing unit at Chakan near Pune and commenced operations of manufacturing of fans and die-cast components. The production of fans at their manufacturing activities of the Matchwell unit also was gradually shifted to their Chakan unit.
In September 1999,Bajaj Electricals established and commissioned a wind energy generation unit with an installed capacity of 2.8 mega watts at Village Vankusawade, Tal. Patan, District Satara, Maharashtra. The facility continues to run profitably till date.
In the year 2000-2001 Bajaj Electricals set-up their manufacturing facilities including a fabrication unit and a galvanizing plant at Ranjangaon, near Pune for the manufacture of high masts, lattice towers, and related products, and the said manufacturing facilities commenced commercial production with effect from April 1, 2001.
In November 2002, they entered into a technical collaboration and brand licensing agreement with Morphy Richards, United Kingdom, for the sales and marketing of electrical appliances under the brand name of “Morphy Richards” in India.
In the financial year 2002-2003 Company discontinued manufacturing die-cast components.
In the year 2005 company entered into a Distribution agreement with Trilux Lenze of Germany for high end technical lighting.
In the year 2007, they acquired 32% of the share capital of Starlite Lighting Limited, a company engaged in the manufacture of Compact Fluorescent Lamps (“CFLs”).
In 2012-2013, they have completely divested their stake and association with Black & Decker Corporation, USA.
Bajaj Home Appliances/Electricals Customer Care Contact Details:-
Bajaj Home Appliances/Electricals Customer Care No.:– 022-4128 0000 / 1800 102 5963
Bajaj Home Appliances/Electricals Customer Care Email ID:- customercare@bajajelectricals.com
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