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

Bajaj Electricals has informed the exchanges that the Appellate Authority has upheld a GST demand of Rs. 80.75 lakh (including a Rs. 34.42 lakh penalty) originally raised by the GST Authority in Jaipur for delayed reporting of sales invoices for FY 2017-18 and FY 2018-19. The appeal order, dated March 26, 2026, was received by the company on March 30, 2026. The company had withdrawn its appeal for FY 2017-18 and separately applied under an amnesty scheme for waiver of interest and penalty, but the Appellate Authority did not take cognizance of this withdrawal and issued the order covering both financial years. Management is now evaluating legal options, including filing an appeal before the appellate tribunal or a writ petition before the Hon'ble High Court. The company has clarified there is no impact on its operational, financial, or other activities from this order.