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Bajaj Electricals Limited ( (IN:BAJAJELEC) ) has provided an announcement.
Bajaj Electricals Limited has announced that the GST Authority has rejected their appeal regarding an alleged tax shortfall and GST input mismatch, affirming a demand of Rs. 2.95 crore. Despite this setback, the company plans to file a further appeal based on a recent favorable court judgment, and assures stakeholders that there is no impact on its financial operations or activities.
More about Bajaj Electricals Limited
Bajaj Electricals Limited operates in the electrical equipment industry, offering a range of products including lighting, consumer durables, and engineering projects. The company focuses on providing innovative electrical solutions and has a significant presence in the Indian market.
Average Trading Volume: 42,865
Technical Sentiment Signal: Sell
Current Market Cap: 62.65B INR
For an in-depth examination of BAJAJELEC stock, go to TipRanks’ Overview page.