Bajaj Auto Limited has secured a favorable outcome from the Commissioner (Appeals), Guwahati, which has set aside a tax demand of Rs 3,51,87,014 along with interest and penalty. The order, received on June 8, 2026, pertains to an appeal under Section 107(11) of the CGST Act, 2017. The decision eliminates a potential financial liability, including a penalty amount of Rs 35,18,701, thereby providing relief to the company's financial position.

The appellate authority ruled in favor of the company, overturning the demand previously raised by the Joint Commissioner, CGST & CX, Guwahati. The intimation to the stock exchanges follows a prior disclosure dated October 7, 2025, regarding the initial order received on October 6, 2025. The latest order concludes the appeal process in the company's favor.

Details of the Order

The filing provided specific details regarding the regulatory action and its impact on the company:

The company confirmed that there is no quantifiable impact on its financial or operational activities beyond the removal of the stated demand and penalty. The disclosure was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Bajaj Auto recorded a notable block trade on the National Stock Exchange (NSE), with approximately 50,432 shares transacted at a price of ₹10267.00 per share, aggregating to a total deal value of ₹51.78 crores.

Block Trade Details

The following table summarizes the key parameters of the block trade:

Significance of the Transaction

Block trades are large, privately negotiated securities transactions that are executed outside of the open market to minimize the impact on the stock's prevailing price. A transaction of this size in Bajaj Auto reflects substantial institutional interest, as such deals typically involve significant counterparties such as mutual funds, foreign institutional investors, or other large financial entities. The trade was executed on the NSE platform.