Bajel Projects Limited — Others, 24-01-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Bajel Projects Limited disclosed that the GST Authority has raised a demand of ₹2.3882 crore related to tax and interest due to a mismatch between GSTR3B and GSTR7. The company believes it has a strong case to dispute this demand and is in the process of responding. Notably, management asserts that this matter will not impact the company’s financial operations or other activities. Investor sentiment is likely to remain stable as the company demonstrates confidence in resolving the issue without financial repercussions.