NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company4d ago · 18 Jul 2026, 01:37 pm

Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Rane Holdings Limited · RANEHOLDIN

✦ AI SummaryLitigation

Rane Holdings Limited's wholly-owned subsidiary, Rane Steering Systems Private Limited, has received a Show Cause Notice from the Assistant Commissioner (ST), Royapettah, South – I, Chennai, regarding differences in the contents of GSTR-2A and GSTR-3B for the financial year 2022-23, with potential financial implications of Rs.11.88 Crores including a penalty of Rs.1.07 Crores.

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk4/10
Liquidity Impact5/10
Market Sentiment3/10

Full Announcement

This is to inform you that Rane Steering Systems Private Limited, Wholly Owned Subsidiary of the Company has received a Show Cause Notice from the Office of Assistant Commissioner (ST), Royapettah, South I, Chennai.

Attachments (1)

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RANEHOLDIN_18072026133643_RHL_RSSL_GST_SCN_17072026_SD.pdf

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//Online Submission// RHL/SE/039/2026-27 July 18, 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 a Show Cause Notice 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 Sl.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 under Section 73 of CGST Act, 2017 3. Date of receipt of communication July 17, 2026 4. Authority from whom communication Assistant Commissioner (ST), Royapettah, received South – I, Chennai 5. Brief summary of the material Show Cause notice primarily relates to differences contents of the communication between GSTR-2A (statement on inward supplies) received, including reasons for and GSTR-3B (monthly return), details of credit receipt of the communication n otes issued & exempted / nil rated supplies. 6. Period for which communication Financial Year 2022-23 would be applicable, if stated 7. Expected financial implications on Rs.11.88 Crores including penalty of Rs.1.07 Crores. the listed company, if any 8. Details of any aberrations / S a m e a s Point 5 above non-compliances identified by the authority in the communication 9. Details of any penalty or restriction or Rs.1.07 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. HO/49/14/14(7)2025-CFD-POD2/I/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 Sl.No. 4 & Sl.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 Sl.No. 7 of ‘Annexure-A’ above due to compensation, penalty etc.; c) quantum of claims, if any; Refer Sl.No. 7 of ‘Annexure-A’ above Page 2 of 2