Consumer products and lighting company reports Rs 4.56 crore CSR obligation, with Rs 2.38 crore spent and Rs 2.18 crore transferred for ongoing projects.
NEW DELHI (India CSR): Bajaj Electricals Limited, a consumer products and lighting company, transferred Rs 2.18 crore to its Unspent CSR Account for FY 2025-26 against a reported Corporate Social Responsibility (CSR) obligation of Rs 4.56 crore, with the balance linked to ongoing social and environmental projects, according to the CSR spending information provided for the year ended March 31, 2026.
The company reported a CSR obligation of Rs 4.56 crore for FY 2025-26. Of this, Rs 237.75 lakh was spent during the financial year, while Rs 218.06 lakh was transferred to the designated Unspent CSR Account for expenditure on ongoing projects.
Bajaj Electricals is engaged in consumer products and lighting businesses. Its official disclosures describe its activities as including consumer durables, domestic and kitchen appliances, fans and lighting products.
CSR Spending
According to the figures provided in the CSR disclosure, the company spent Rs 226.87 lakh directly on ongoing CSR projects during FY 2025-26. Another Rs 10.88 lakh was reported as administrative overheads.
Together, this resulted in CSR expenditure of Rs 237.75 lakh during the year against the prescribed obligation of Rs 455.81 lakh.
The remaining Rs 218.06 lakh was transferred on April 22, 2026, to the Unspent CSR Account under provisions applicable to ongoing CSR projects.
Under Section 135 of the Companies Act, eligible companies are required to undertake CSR spending based on the prescribed calculation linked to average net profits. Amounts relating to qualifying ongoing projects can be transferred to a designated Unspent CSR Account for utilisation within the statutory framework.
The transfer therefore needs to be viewed separately from CSR expenditure already incurred during the year. The disclosed amount remains earmarked for identified ongoing projects rather than being treated as general corporate funds.
Solar Energy
Project-level figures provided in the source material show that Project Green Energy: Lighting Up Lives was among the major ongoing CSR programmes during the year.
The initiative covers Sikar and Jaisalmer districts in Rajasthan and is focused on renewable-energy interventions.
An allocation of Rs 145 lakh was reported for the project for FY 2025-26. Expenditure up to March 31, 2026, was stated at Rs 44.43 lakh, leaving Rs 100.57 lakh linked to future implementation.
The project forms part of the company’s environmental and community-focused CSR portfolio. Bajaj Electricals Foundation, the company’s CSR arm, publicly lists environmental sustainability among its principal areas of work and reports solar interventions involving schools and households.
The project-level allocation and expenditure figures, however, should be cross-checked against the statutory FY 2025-26 annual report before publication.
Restoration Projects
The source information also identifies an Environmental Rejuvenation and Restoration programme covering Jodhpur, Udaipur, Jaisalmer and Baran.
The programme was stated to run between 2025 and 2028. An allocation of Rs 191.43 lakh was reported for the relevant period, against expenditure of Rs 127.50 lakh.
The balance associated with the project was stated at Rs 63.93 lakh.
Environmental sustainability is an established focus area of the Bajaj Electricals Foundation. The company’s current CSR information reports work involving tree plantation and other environmental interventions across several states and Union Territories.
Its ESG disclosures also identify environmental considerations as part of the company’s broader sustainability framework.
Other Projects
The source material lists Upcycle as another ongoing CSR initiative, with activities associated with Meghalaya and Tamil Nadu.
The project was allocated Rs 50 lakh, of which Rs 12.80 lakh was reported as spent during FY 2025-26. The balance was stated at Rs 37.20 lakh.
The programme is described as addressing waste management and resource recovery through reuse, repurposing and recycling-related activities.
Separate carbon-offset projects in Jawahar and Karauli were reported with an allocation of Rs 28.50 lakh. Expenditure was stated at Rs 15.65 lakh, leaving Rs 12.85 lakh for subsequent project activities.
The Kalakriti arts and culture initiative in Mumbai was reported to have an allocation of Rs 20 lakh. Of this, Rs 16.50 lakh was stated as spent, leaving Rs 3.50 lakh.
A rural women entrepreneurship programme in Bihar was reported to have used its full Rs 10 lakh allocation during the financial year, leaving no unspent balance against the programme.
Bajaj Electricals Foundation currently identifies environmental sustainability, arts and culture, and rural women entrepreneurship among its focus areas.
ALSO READ | Bajaj Electricals Corporate Social Responsibility (CSR) Spend Reaches Rs 2.38 Cr in FY 2025-26
Unspent Balance
Apart from the FY 2025-26 transfer, the material provided states that the total amount lying in the company’s Unspent CSR Account as of March 31, 2026, was Rs 223.96 lakh.
This comprised Rs 218.06 lakh related to FY 2025-26 and Rs 5.90 lakh remaining from FY 2024-25, according to the source information. It stated that no amount remained outstanding from FY 2023-24.
Tracking unspent CSR amounts by financial year is significant because CSR rules prescribe specific treatment and timelines for funds transferred for ongoing projects.
The figures help distinguish between CSR expenditure completed during a financial year and money formally committed for implementation over subsequent project periods.
Foundation Role
The CSR programmes are associated with the Bajaj Electricals Foundation, which the company describes as its CSR arm. Its stated areas of work include environmental sustainability, arts and culture and rural women entrepreneurship.
The company’s public CSR page currently reports interventions across 18 states and three Union Territories over the past three years and cites initiatives involving tree plantation, improved cookstoves, solar-powered schools, household electrification and support for women artisans. These current website figures should not be treated as identical to the FY 2025-26 statutory CSR figures unless confirmed in the annual report.
The FY 2025-26 disclosure is therefore important for assessing not only the amount spent during the year but also the scale of resources committed to multi-year CSR projects.
Quote Heading: Funds for Ongoing Work
The central issue in the disclosure is the treatment of Rs 218.06 lakh that was not spent by March 31, 2026. According to the source material, the amount was transferred to the designated account because it related to ongoing projects.
Such classification is relevant for CSR governance because the amount remains subject to statutory utilisation requirements and cannot simply be treated as ordinary unallocated corporate expenditure.
For researchers, CSR professionals and stakeholders, subsequent annual reports will be important for tracking how much of the transferred amount is ultimately utilised, which projects receive the expenditure and what measurable outcomes are reported.
Key Facts Table
| Particulars | Details |
|---|---|
| Company | Bajaj Electricals Limited |
| Sector | Consumer Products and Lighting |
| Financial Year | FY 2025-26 |
| Prescribed CSR Obligation | Rs 4.56 Cr |
| CSR Spent During the Year | Rs 2.38 Cr |
| Spend on Ongoing Projects | Rs 2.27 Cr |
| Administrative Overheads | Rs 10.88 lakh |
| Amount Transferred to Unspent CSR Account | Rs 2.18 Cr |
| Transfer Date | April 22, 2026 |
| Total Unspent CSR Balance as of March 31, 2026 | Rs 223.96 lakh |
| FY 2024-25 Balance | Rs 5.90 lakh |
| FY 2023-24 Balance | Nil |
| CSR Implementing Arm | Bajaj Electricals Foundation |
| Key Focus Areas | Environment, Renewable Energy, Waste Management, Arts and Culture, Women Entrepreneurship |
| Major Geography Mentioned | Rajasthan, Bihar, Maharashtra, Meghalaya and Tamil Nadu |
Frequently Asked Questions
1. How much was Bajaj Electricals’ CSR obligation for FY 2025-26?
The company reported a prescribed CSR obligation of Rs 4.56 Cr for FY 2025-26.
2. How much did Bajaj Electricals spend on CSR during FY 2025-26?
It reported CSR expenditure of Rs 2.38 Cr lakh during the financial year.
3. How much was transferred to the Unspent CSR Account?
Bajaj Electricals transferred Rs 2.18 Cr to its Unspent CSR Account for ongoing CSR projects.
4. Why was the CSR amount transferred to an Unspent CSR Account?
According to the supplied disclosure, the amount was linked to ongoing multi-year CSR projects and was transferred under the applicable CSR provisions.
5. What were the major CSR focus areas?
The programmes covered renewable energy, environmental restoration, waste management, arts and culture, and rural women entrepreneurship.
6. Who implements Bajaj Electricals’ CSR programmes?
The CSR programmes are associated with the Bajaj Electricals Foundation, the company’s CSR arm.
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