Bajaj Electricals Limited has received an order dated April 22, 2024, from the Indian Customs, issued under the provisions of the Customs Act, 1962. This order pertains to the delayed filing of the Bill of Entry for home consumption with the Customs Authority, thereby imposing a penalty of INR 35,000 on the Company. The Company has paid the above penalty and elected to close the case.

Please note that there is no impact on the financial operations or any other activities of the Company due to this order.