Mumbai, January 1, 2026: Bajaj Electricals Limited has informed stock exchanges that it has received an assessment order from the Commercial Tax Officer, Chennai Central, Tamil Nadu, raising an aggregate demand of Rs 936.38 lakh for the financial year 2018–19.
The assessment order is dated December 31, 2025, and was received by the company on the same day at 16:02 hours. The demand has been raised on allegations of short payment of tax, including the disallowance of input tax credit claimed by the company during the relevant period.
Demand Breakup
| Particulars | Amount (Rs lakh) |
|---|---|
| Tax | 292.05 |
| Interest | 352.28 |
| Penalty | 292.05 |
| Total Demand | 936.38 |
Company Position
Bajaj Electricals stated that its management is currently evaluating appropriate legal options, which include filing an appeal before the relevant appellate authority against the assessment order.The company clarified that the financial impact, if any, would be limited to the extent of the demand and penalty mentioned in the order. It also confirmed that the assessment does not have any impact on its operations or other business activities.
About the Company
Bajaj Electricals Limited is an Indian consumer durables and engineering company with a presence across lighting solutions, consumer appliances, and electrical projects. The company is listed on the BSE and NSE, with its equity shares traded under the symbol BAJAJELEC.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.