Bajaj Electricals Limited has informed the Exchange about Disclosure under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements) Regulations, 2015, as amended
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 favorable order from the Joint Commissioner of CGST, Jaipur, dated September 24, 2025, fully dropping a prior tax demand. The original order, issued in March 2024 by the Assistant Commissioner of CGST Division-I, Jaipur, had alleged short payment of GST and raised a gross demand of Rs. 60.93 lakh, which included a Rs. 5.54 lakh general penalty. The company had appealed this order, and the appellate authority has now set it aside entirely. The company has stated there is no impact on its financial operations or other activities due to this matter.
Positive for shareholders as the full tax demand of about Rs. 61 lakh stands withdrawn, removing a small but pending liability overhang. Given the modest size of the amount relative to the company, the impact on the stock is likely to be limited.