Bajaj Auto Limited — Others, 28-02-2025: Action(s) taken or orders passed

Bajaj Auto has received a penalty order from the Commissioner of Customs pertaining to the denial of a concessional customs duty benefit on specific aircraft parts. The resultant demand includes differential customs duty of ₹79.98 lakh, equivalent penalty, and a redemption fine of ₹70 lakh. The company maintains confidence in its position and intends to appeal this order, asserting it does not significantly affect financial or operational aspects. This announcement may foster a neutral sentiment among investors, given the company's commitment to contest the ruling while affirming operational stability.