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Bajaj Electricals Faces Rs. 1374.35 Lakh Demand Following Appeal Order

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Bajaj Electricals Faces Rs. 1374.35 Lakh Demand Following Appeal Order

Bajaj Electricals Limited ( (IN:BAJAJELEC) ) has issued an announcement.

Bajaj Electricals Limited has received an appeal order from the Appellate Authority in Bihar, directing the company to pay a demand of Rs. 1374.35 Lakh, including a penalty, related to a previous order under the BGST/CGST Act, 2017. The company is considering legal options, including filing an appeal, and has clarified that this development does not impact its financial operations or other activities.

More about Bajaj Electricals Limited

Bajaj Electricals Limited operates in the electrical industry and is known for its wide range of electrical products and appliances. The company focuses on delivering innovative and quality electrical solutions to its customers, thereby maintaining a strong market presence.

YTD Price Performance: -14.09%

Average Trading Volume: 3,376

Current Market Cap: 75.87B INR

Learn more about BAJAJELEC stock on TipRanks’ Stock Analysis page.

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