Bajaj Electricals Limited has informed the Exchange about General Updates
BAJAJELEC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Bajaj Electricals has received a final order dated July 8, 2025, from the GST Authority in Raipur, Chhattisgarh, concluding proceedings under Section 128A of the CGST Act, 2017. This follows an earlier order from August 21, 2024, which had raised a total GST demand of Rs. 3.24 lakh (including a Rs. 0.17 lakh penalty) for alleged short payment and discrepancies in GST returns for FY 2019-20. The company had already paid the tax amount of Rs. 1.72 lakh in full and applied under the Government's Amnesty Scheme to seek waiver of interest and penalty. Under the new order, the interest and penalty have been fully waived.
Positive but immaterial — closure of a minor tax dispute with waiver of interest and penalty. The company has confirmed no impact on its financial operations or other activities, so this should not affect the stock price or shareholder value.