Adverse GST appeal order, demand of Rs 627.36 lakh for FY 2019-20
BAJAJELEC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved in line with Nifty Microcap 250 and 0.1 pts less than its Household Appliances peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Bajaj Electricals received an adverse appellate order from the West Bengal GST Appellate Authority on October 12, 2026, related to FY 2019-20. The order imposes a total demand of Rs 627.36 lakh, including a general penalty of Rs 31.89 lakh, for alleged excess input tax credit claimed and short GST payments. The company is evaluating legal remedies, including filing an appeal before the appropriate tribunal or High Court. Financial impact is limited to the demand amount, with no effect on operations or financials.
Limited financial impact at about Rs 6.27 crore. Company plans to appeal. No operational disruption.