Bajaj Electricals The share price tribes 11% in Morphy Richards acquisition plans. Do you own?

Bajaj Electricals’ share price rose as much as 11 percent to £ 647.95 each in Wednesday’s trade session after the company planned to acquire the Morphy Richards brand on September 23. The consumer’s electric maker opened at £ 577.10 early September 24. Bajaj Electricals acquisition plans in a post-market submission Tuesday announced the Bajaj Electricals that its board of directors has approved the Morphy Richards brand and associated intellectual ownership of Glen Electric Ltd, part of the Glen Dimplex group of Ireland, for £ 146 CRore. The agreement gives ownership across India, Nepal, Bhutan, Bangladesh, the Maldives and Sri Lanka. Bajaj Electricals, who have owned exclusive licensing rights for Morphy Richards products in India for more than 20 years, will now receive full ownership of the brand in these regions. The company added that further details will be shared as agreements are carried out and milestones are reached. “We wish to inform you that the board of directors of the company, at its meeting hero today, IE, on September 23, 2025 (“ Board meeting ”), has given its consent to a proposal for the Acquisition of the ‘Morphy Richards’ Brand and related Intellectual Property Rights (” Business IP “) In The Territories of India, Nepal, Bhutan, Bangladesh, The Maldives, and Sri Lanka (“Area”), of Glen Electric Limited (part of the Glen Dimplex group, Ireland), the owner of the MRC brand/business, for an consideration of INR 146 Crore (exclusive taxes/plies on Tuesday, filing said. With £ 281.1m in the same period last year. Brokerage businesses, not coin.