BSECompany Update4h ago · 25 Sept 2026, 02:57 pm
This is to inform you that Rane Steering Systems Private Limited, Wholly Owned Subsidiary of the Company has received Show Cause Notice(s) from the Office of Assistant Commissioner (ST), Royapettah South - I, Chennai
Rane Holdings Ltd · 505800
✦ AI Summary▼ NegativeRegulatory
Rane Holdings Ltd has received a Show Cause Notice from the Office of Assistant Commissioner (ST) regarding ineligible Input Tax Credit (ITC) claims by its wholly-owned subsidiary Rane Steering Systems Private Limited for FY 2022-23 and 2023-24, with potential financial implications of Rs.10.07 Crores including a penalty of Rs.0.92 Crores.
Analysis Scores
Earnings Impact2/10
Growth Catalyst1/10
Governance Concern3/10
Regulatory Risk8/10
Balance Sheet Risk6/10
Liquidity Impact5/10
Market Sentiment2/10
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Rane Holdings Ltd - 505800 - Disclosure Under Regulation 30 - Part A Para B.8 Schedule III Of SEBI LODR
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gone Registered Office: "Maithri",
No. 132, Cathedral Road,
Chennai - 600 086
+91-44-2811 2472
Rane Holdings Limited
www.ranegroup.com
CIN: L35999TN1936PLC002202
//Online-Submissionll
RHL/SE/054/2026-27 September 25, 2026
BSE Limited (BSE) National Stock Exchange of India Ltd. (NSE)
Listing Centre NEAPS
Scrip Code: 505800 Symbol: RANEHOLDIN
Dear Sir / Madam,
Sub: Disclosure under Regulation 30 - Part A Para B.8 Schedule III of SEBI LODR
This is to inform you that Rane Steering Systems Private Limited, Wholly Owned Subsidiary of the
Company (`RSSL') has received Show Cause Notice(s) from Assistant Commissioner (ST),
Royapettah, South — I, Chennai.
In this connection details are furnished in Annexure A as per Regulation 30 of SEBI LODR read
with SEBI Master Circular dated January 30, 2026. We declare that the information and details
provided in Form A in compliance with Regulation 30(13) of SEBI LODR herein, are true, correct
and complete to the best of our knowledge and belief.
We request you to take the above on record and note the compliance under relevant regulations
of SEBI LODR and circulars thereunder.
Thanking you,
Yours faithfully,
For Rane Holdings Limited
S Subha Shree
Secretary
Encl: a/a
Page 1 of 2
Rane Holdings Limited
Continuation Sheet ...
Annexure — A
Form A
Disclosure by Rane Holdings Limited regarding receipt of communication from regulatory,
statutory, enforcement or judicial authority under the Securities and Exchange Board of
India (Listing Obligations and Disclosure Requirements) Regulations, 2015 received by its
wholly owned subsidiary Rane Steering Systems Private Limited
Regulation 30(13) — Disclosure of communication from regulatory, statutory, enforcement or
judicial authority
SI.No. Particulars Details
1. Name of the listed company Wholly Owned Subsidiary: Rane Steering Systems
Private Limited (`RSSL')
2. Type of communication received Show Cause Notice(s) under Section 73 of CGST
Act, 2017
3. Date of receipt of communication September 24, 2026
4. Authority from whom communication Assistant Commissioner (ST), Royapettah,
received South — I, Chennai
5. Brief summary of the material Show Cause notices relating to claim of ineligible ITC
contents of the communication under Section 17(5) of GST Act, 2017.
received, including reasons for
receipt of the communication
6. Period for which communication Financial Year 2022-23 & 2023-24
would be applicable, if stated
7. Expected financial implications on Rs.10.07 Crores including penalty of Rs.0.92 Crores.
the listed company, if any
8. Details of any aberrations / Same as Point 5 above
non-compliances identified by the
authority in the communication
9. Details of any penalty or restriction or Rs.0.92 Crores
sanction imposed pursuant to the
communication
10. Action(s) taken by listed company RSSL in consultation with its consultants / tax
with respect to the communication advisors will be filing suitable reply before the
appropriate authority within the prescribed timelines.
11. Any other relevant information Nil
Details as per the SEBI Master Circular No. H0/49/14/14(7)2025-CFD-POD2/1/3762/2026
dated January 30, 2026
Pendency of any litigation(s) or dispute(s) or the outcome thereof which may have an impact
on the listed entity:
Particulars Details
At the time of becoming the party:
a) brief details of litigation viz. name(s) of Refer SI.No. 4 & SI.No. 5 of Annexure-A' above
the opposing party, court/
tribunal/agency where litigation is filed,
brief details of dispute/litigation;
b) expected financial implications, if any, Refer SI.No. 7 of 'Annexure-A' above
due to compensation, penalty etc.;
c) quantum of claims, if any; Refer SI.No. 7 of `Annexure-A' above
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