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Bajaj Electricals Limited ( (IN:BAJAJELEC) ) has provided an update.
Bajaj Electricals Limited announced that it has successfully resolved a tax issue related to the disallowance of Input Tax Credit (ITC) under the Goods and Services Tax Act, 2017. The company paid the required tax amount and availed the Government of India’s Amnesty Scheme, resulting in the waiver of interest and penalty. This resolution has no impact on the company’s financial operations or activities.
More about Bajaj Electricals Limited
Bajaj Electricals Limited operates in the electrical equipment industry, offering a wide range of products including lighting, consumer appliances, and fans. The company focuses on both consumer and institutional markets, providing innovative solutions and maintaining a strong presence in the Indian market.
Average Trading Volume: 5,818
Technical Sentiment Signal: Sell
Current Market Cap: 66.01B INR
For detailed information about BAJAJELEC stock, go to TipRanks’ Stock Analysis page.