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Bajaj Electricals Limited ( (IN:BAJAJELEC) ) has issued an announcement.
Bajaj Electricals Limited announced a favorable resolution to a previous penalty imposed by the GST Authority due to a mismatch in an e-way bill. The penalty was initially set at Rs. 8.55 lakh but has been reduced to Rs. 0.01 lakh following an appeal. The company is seeking a refund of Rs. 8.54 lakh and stated that this matter does not impact its financial operations or activities.
More about Bajaj Electricals Limited
Bajaj Electricals Limited operates in the electrical equipment industry, offering a range of products and services including lighting, consumer durables, and engineering projects. The company is focused on both consumer and industrial markets, with a strong presence in India.
Average Trading Volume: 67,956
Technical Sentiment Signal: Sell
Current Market Cap: 56.38B INR
For an in-depth examination of BAJAJELEC stock, go to TipRanks’ Overview page.