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
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Bajaj Electricals has provided an update on a GST matter originally flagged in February 2025. The company had received a GST assessment order alleging an input tax mismatch with a gross demand of Rs. 11.51 lakh (including a Rs. 1.68 lakh penalty). The management has now decided to partially accept Rs. 6.71 lakh of the demand (including a Rs. 0.61 lakh penalty) and make the payment, while continuing to contest the remaining balance before the appellate authority. The company has clarified that there is no impact on its financial operations or other business activities.
The financial impact is negligible — only Rs. 6.71 lakh out of the Rs. 11.51 lakh total demand is being accepted, which is immaterial for a company of Bajaj Electricals' size. No material effect on earnings or operations is expected.