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Bajaj Electricals Leadership: founders, CEO and board
Reviewed by the editorial team · Updated 5 Nov 2026 · Last verified 5 Nov 2026 · 1 min read
Quick answer Shekhar Bajaj is executive chairman until 31 December 2026, then chairman emeritus. Sanjay Sachdeva has been MD and CEO since April 2025 14 17 .
Founded 1938, Incorporated as Radio Lamp Works Ltd (Punjab registry)
Status Listed
Listed on BSE, NSE: BAJAJELEC (NSE), 500031 (BSE)
Bajaj Electricals leadership
Name
Role
Shekhar Bajaj
Executive chairman to 31 December 2026; chairman emeritus and non-executive director from 1 January 2027, subject to approval 17
Sanjay Sachdeva
Managing director and CEO since 15 April 2025; proposed re-appointment from 1 April 2027 to 31 March 2032 14 17
Ashween Anand
Chief financial officer from 16 May 2026 16
The chairman
Shekhar Bajaj joined the company as chief executive in 1980 and has led it for more than four decades 8 . In August 2022 he was re-designated chairman when Anuj Poddar became managing director and CEO 15 . After Poddar's exit on 30 September 2024, Shekhar Bajaj became executive chairman 30 .
The managing director
Sanjay Sachdeva was previously managing director and CEO of Unilever Japan. He took over at Bajaj Electricals on 15 April 2025 14 . In October 2026 the board proposed re-appointing him for five years from April 2027 17 .
Finance
Ashween Anand became chief financial officer on 16 May 2026, succeeding interim CFO Suketu Shah 16 .
Succession
In October 2026 the board said Shekhar Bajaj would step down as executive chairman on 31 December 2026 and serve as chairman emeritus for five years. The sources reviewed do not name the next chairman 17 .
Earlier loss
Shekhar Bajaj's son Anant, managing director from June 2018, died in August 2018 aged 41 10 .
Frequently asked questions
Who is the MD of Bajaj Electricals? Sanjay Sachdeva, managing director and CEO since 15 April 2025.
Is Shekhar Bajaj stepping down? He will cease to be executive chairman on 31 December 2026 and become chairman emeritus, subject to shareholder approval.
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Sources ✓ Verified 5 Nov 2026
1 NSE (Bajaj Electricals), Q4 FY26 earnings conference call transcript , 26 May 2026, Q4 FY26 earnings call
2 Bajaj Electricals, Timeline , 5 Nov 2026, timeline
3 Business Standard, Bajaj Electricals looks to close growth gap with FMEG peers from FY27 , 12 May 2026, history, strategy
4 Forbes, Shekhar Bajaj (Real-Time Billionaires) , 5 Nov 2026, share counts
5 Bajaj Electricals, Annual Report 2022-23, Chairman's message , 1 Jan 1970, debt-free, Bajel
6 Trendlyne, Bajaj Electricals shareholding pattern , 5 Nov 2026, shareholding Sep 2026
7 Wikipedia, Bajaj Electricals , 5 Nov 2026, history
8 Bajaj Group, Shekhar Bajaj , 5 Nov 2026, Shekhar Bajaj career
9 Outlook Business, Bajaj Electricals to acquire Morphy Richards brand rights for India and neighbouring markets , 24 Sep 2025, Morphy Richards rights
10 Business Standard, Anant Bajaj, managing director of Bajaj Electricals, passes away , 11 Aug 2018, Anant Bajaj
11 BloombergQuint, Bajaj Electricals to limit its engineering business due to higher risks , 10 Apr 2019, EPC strategy
12 MarketScreener, Bajaj Electricals completed the spin-off of Bajel Projects , 15 Sep 2023, Bajel demerger
13 Business Standard, Bajaj Electricals share up 4 percent on entry into cables business , 5 Jun 2026, cables entry
14 exchange4media, Sanjay Sachdeva appointed as MD and CEO at Bajaj Electricals , 28 Mar 2025, MD & CEO appointment
15 HRNxt, Bajaj Electricals re-designates Shekhar Bajaj as chairman, Anuj Poddar as MD & CEO , 12 Aug 2022, 2022 leadership change
16 Lokmat Times (IANS), Bajaj Electricals swings to Rs 67.5 crore loss in Q4 , 15 May 2026, Q4 FY26, CFO, dividend
17 InvestyWise, Bajaj Electricals leadership transition and financial results announcement , 28 Oct 2026, leadership transition, Q2 FY27
18 CRISIL, Bajaj Electricals Limited: rating rationale , 23 Apr 2026, segments, market position, rating
19 HDFC Securities, Bajaj Electricals update, June 2026 , 24 Jun 2026, fans share, FY26
20 PL Capital, Bajaj Electricals Q2 FY27 result update , 28 Oct 2026, Q2 FY27 products
21 Bank of Baroda Capital Markets, Consumer durables Q4 FY26 review , 5 Jun 2026, peer growth
22 DT Next, Bajaj Electricals snaps up cookware maker Nirlep for Rs 80 crore , 15 Jun 2018, Nirlep deal
23 Business Today, Bajaj Electricals completes acquisition of subsidiary Nirlep , 2 Sep 2021, Nirlep fully owned
24 LatestLY (PTI), Bajaj Electricals fully acquires JV firm Starlite Lighting , 1 May 2021, Starlite Lighting
25 Business Today, Bajaj Electricals in focus after Rs 141 crore deal to buy Morphy Richards brand rights , 17 Mar 2026, Morphy Richards agreement
26 Business Standard (PTI), Bajaj Electricals Q4 results: loss at ₹68 cr on contraction in gross margin , 15 May 2026, FY26 results
27 Kotak Neo, Bajaj Electricals Q1 FY2026-27 results: net profit surges , 6 Aug 2026, Q1 FY27
28 Screener.in, Bajaj Electricals Ltd , 5 Nov 2026, financials, market cap
29 Business Today, Bajaj Electricals posts net loss of Rs 32.5 crore in September quarter , 6 Nov 2019, EPC losses
30 Angel One, Leadership change sends Bajaj Electricals shares tumbling , 1 Jul 2024, Poddar exit
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