NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company28 Sept 2026 · 28 Sept 2026, 10:35 pm
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
Rane Holdings Limited · RANEHOLDIN
✦ AI SummaryRegulatory
Rane Holdings Limited has informed that its wholly-owned subsidiary, Rane Steering Systems Private Limited, has received a GST Show Cause Notice for its Haryana location, with potential financial implications of Rs.57.12 Crores including applicable interest & penalty of Rs.1.25 Crores.
Analysis Scores
Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk4/10
Liquidity Impact5/10
Market Sentiment4/10
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Full Announcement
This is to inform you that Rane Steering Systems Private Limited, Wholly Owned Subsidiary of the Company has received a GST Show Cause Notice for its Haryana location.
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RANEHOLDIN_28092026223449_RHL_RSSL_GST_SCN_28092026_SD.pdf
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Registered Office: "Maithri",
gone
No. 132, Cathedral Road,
Chennai - 600 086
+91-44-2811 2472
Rane Holdings Limited
www.ranegroup.com
C1N: L35999TN1936PLC002202
//Online Submission//
RHL/SE/055/2026-27 September 28, 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 from Deputy Excise & Taxation Commissioner
(State Tax), Rewari, Haryana.
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 -f ithfully,
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 under Section 73 of CGST
Act, 2017
3. Date of receipt of communication September 28, 2026
4. Authority from whom communication Deputy Excise & Taxation Commissioner (State
received Tax), Rewari, Haryana
5. Brief summary of the material Show Cause notice raised on issues majorly relating
contents of the communication to:
received, including reasons for a) excess ITC claimed in GSTR-3B compared to
receipt of the communication GSTR-2B;
b) reverse charge liability on trademark fee,
secondment of overseas employees etc.;
c) miscellaneous issues viz. availment of ineligible
ITC, issuance of credit notes etc.
6. Period for which communication Financial Year 2022-23
would be applicable, if stated
7. Expected financial implications on Aggregating to Rs.57.12 Crores including applicable
the listed company, if any interest & penalty of Rs.1.25 Crores.
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.1.25 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 is confident of its position on the merits of
the case and will be contesting before the
appropriate authority within the prescribed timelines.
RSSL expects a positive resolution to this matter.
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 1 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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