Bajaj Electricals GST Appeal Order Reduces Demand

Bajaj Electricals receives favorable GST appeal order reducing total demand to ₹3.61 lakh from original ₹83.78 lakh.
Appellate Authority revised the FY 2018-19 input credit disallowance order, including reduced penalty of ₹0.33 lakh.
Management accepts revised demand with no further appeal planned, limiting financial impact to the demanded amount.
Disclosure made under SEBI Listing Regulations as a material event update following previous intimation.