Bajaj Electricals Loses GST Appeal, Rs 1.16 Crore Demand

Bajaj Electricals discloses adverse GST appeal order upholding Rs 1.16 crore demand including Rs 39.68 lakh penalty.
Company received the appeal rejection order on April 16, 2026, from Bihar GST appellate authority.
Management is evaluating legal options including appeal to appellate tribunal or High Court writ petition.
Financial impact limited to demand amount with no operational or other activity effects.