Bajaj Auto has received a favourable order from the Additional Commissioner (Appeals), Central Tax, Pune, setting aside a Goods and Services Tax (GST) demand. The order, received on 30 June 2026 at 10:00 a.m., vacates the previous directive issued under Section 74 of the CGST Act, 2017, which had alleged wilful suppression of non-reversal of Input Tax Credit (ITC) on the sale of MEIS scrips.

The dispute pertained to the period from July 2017 to March 2020. The original demand, passed by the Superintendent, Range-I, Central Tax, Division I (Talegaon), Pune I Commissionerate on 30 January 2025, amounted to Rs. 74,818 along with applicable interest and penalty of Rs. 74,818. The appellate authority has now dropped the allegation of wilful suppression and set aside the order.

The following table details the specifics of the regulatory order:

The company stated that there is no adverse impact on its financial, operational, or other activities as a result of this order. The development was disclosed to the exchanges under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Bajaj Auto Ltd has fixed Friday, May 29, 2026, as the record date to determine shareholder eligibility for a final dividend of ₹150 per equity share of face value ₹10 each (1500%) for the financial year ended March 31, 2026. The total payout amounts to ₹4,192.47 crore. The dividend will be paid exclusively through electronic mode on or before Friday, July 24, 2026, based on records from KFin Technologies Limited, NSDL, and CDSL as of the record date. The company has published advertisements in newspapers on June 26, 2026, informing shareholders about the meeting, record date, and dividend payment details.

19th Annual General Meeting

The 19th Annual General Meeting (AGM) is scheduled for Tuesday, July 21, 2026, at 12:30 pm at the registered office in Akurdi, Pune. Shareholders will vote on the appointment of Rakesh Sharma as Joint Managing Director (JMD) for a term from June 1, 2026, to March 31, 2029, and ratify the cost auditor's remuneration. Sharma, currently an Executive Director, has a proposed remuneration package of ₹15.28 crore per annum. The meeting will also transact ordinary business, including the adoption of audited standalone and consolidated financial statements for FY2026 and the re-appointment of Sanjiv Bajaj.

Remote E-voting and Webcast

Remote e-voting will be facilitated through KFin Technologies. The e-voting period commences on Thursday, July 16, 2026 (9:00 a.m.) and concludes on Monday, July 20, 2026 (5:00 p.m.). The cut-off date for e-voting eligibility is Tuesday, July 14, 2026. Members can cast their votes electronically through the system provided by KFin. A live webcast of the AGM proceedings will be available via the KFin Technologies platform. Shri Vaibhav Dandawate or Ms. Deepti Kulkarni, Partners of M/s. Makarand M Joshi & Co., have been appointed as Scrutinizers for the e-voting process.

Key AGM Details