NSECopy of Newspaper Publication30 Sept 2026 · 30 Sept 2026, 10:55 am

Copy of Newspaper Publication

Rane (Madras) Limited · RML

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Rane (Madras) Limited has published a notice to shareholders regarding a special window for re-lodgement of transfer requests for physical shares in accordance with SEBI Circular No. H0/38/13/11(2)2026-MIRSD-POD/1/3750/2026.

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Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact6/10
Market Sentiment5/10

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n Registered Office: "Maithri", No. 132, Cathedral Road, Chennai - 600 086 +91-44-2811 2472 Rane (Madras) Limited www.ranegroup.com CIN: L65993TN2004PLC052856 //Online Submission// RML/SE/051/2026-27 September 30, 2026 BSE Limited National Stock Exchange of India Ltd. Listing Centre NEAPS Scrip Code: 532661 Symbol: RML Dear Sir / Madam, Sub: Newspaper advertisement - Window for Re-lodgement of transfer requests for Physical Shares We hereby enclose copies of the notice to shareholders of the Company published on September 30, 2026, in the newspapers, viz., `Business Standard' (English) and `Hindu Tamizh Thisai' (Regional language) on the bi-monthly publication informing shareholders regarding special window for re-lodgement of transfer requests for physical shares in accordance with SEBI Circular No. H0/38/13/11(2)2026-MIRSD-POD/1/3750/2026 dated January 30, 2026. We request you to take the above on record and note the compliance under relevant provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR). Thanking you, Yours faithfully, For Rane (Madras) Limited Venkatraman Secretary Encl.: a/a B ECONOMY & PUBLIC AFFAIRS 7 CHENNAI | WEDNESDAY,30SEPTEMBER2026 PM Internship Scheme: NINTHECOURTN ‘This is carnage’: SC flags high Only 20% of job offers drug prices, moots 16% margin cap taken up in three rounds jayantpankaj sanketkoul&bhavinimishra when treatment is covered thefinalpricecanreflecttaxes, NewDelhi,29September NewDelhi,29September Keyissues under government schemes discounts, credit terms, suchasAyushmanBharat. returns,expiries,storage,and ThePrimeMinisterInternship TheSupremeCourtonTues- nSCraisedconcernsover ThiscomesaftertheCom- distributioncosts,”anexecu- Scheme is completing two dayexpressedconcernoverthe medicinepricesin petitionCommissionofIndia, tivewithaDelhi-basedphar- yearsonOctober3,withthe sharp disparity between the corporatehospitals initsMay21orderinacase maceuticalcompanysaid. data showing an all-round pricechargedtoretailersand nCitedhighcancerdrug involving12Delhi-basedpri- Oncologypricingisdiffer- weaktakeupoftheoffersmade thepricepaidbycustomersfor prices:₹27,000MRPvs vatehospitals,heldthathospi- entasmanycancertherapies underit.Alownumberofcan- essentialmedicines,observing ₹2,700PTRpricegap talsarelegallypermittedtosell areinjectablesorbiologicsand didateshaveacceptedtheoffer that steep markups place a medical products up to the require cold chain storage, inthethreeroundssofar,with nQuestionedthe financialburdenonconsumers manufacturer-notifiedMRP. specialised handling, and therebeingdropoutsinitsfirst regulatorydistinction amountingto‘carnage’. Solicitor General Tushar trained administration. “For tworoundstoboot. betweenscheduledand ABenchofJusticesVikram Mehta, appearing for the thatreason,mostofthemreach Alongwiththis,thecomple- non-scheduleddrugs Nath and Sandeep Mehta Centre,acknowledgedthecon- patientsthroughhospitalsand tionnumbershavebeenlow askedtheCentrewhythemaxi- nPharmaindustrysaid cernbutsaidabalancewould hospital pharmacies rather despitealargepoolofintern- mum retail price (MRP) of PTR-MRPgapshould havetobeworkedoutbetween than neighbourhood chem- shipopportunitiespostedby photo:shutterstock essential medicines such as notbeequatedwith competinginterests.“Iamnot ists,”anotherexecutiveadded. firms.Theschemecameaspart Highdropout cancer drugs could not be manufacturerprofit saying the petitioners are Peopleintheknowsaidthe of the Budget in 2024. cappedat16percentoverthe wrong, but some way which industry supports transpar- LaunchedinOctoberthesame Roundsofinternship Round1 Round2* Round3* pricetoretailer(PTR),aspro- cines, for which drugmakers the regulatory distinction balancesequitieswillhavetobe ency on prices across the year, it provides internships Numberofinternshipapplications 621,000 455,000 350,259 vided for under the Drugs areallowedtoraisepricesby10 betweenscheduledandnon- found,”hesubmitted.TheSol- supply chain through a con- lasting between six and 12 received (Prices Control) Order, 2013 percenteveryyear. scheduled medicines under icitor General also said his sultative, evidence-based months,withselectedcandi- Numberofinternshipopportunities (DPCO,2013). TheBenchflaggedthewide DPCOandwhethermedicines understandingwasthatphar- approachtotrademargins,as datesreceivingamonthlysti- 127,508 118,948 154,366 postedbycompanies UnderDPCO,a16percent gapbetweenthecostatwhich classified as non-essential maceuticalcompanieswerenot wellaspatients’freedomtobuy pend of ~9,000. The Centre Numberofoffersmade 60,866 71,192 25,794 marginisthenotionalretailer medicinesreachretailersand should remain outside price necessarilytheprimarybene- medicines outside hospital bears90percentofthestipend profitmarginaddedtotheaver- the price ultimately paid by controlmechanisms. ficiariesofthepricedifferential. pharmacies. “The pricing throughdirectbenefittransfer Numberofpeoplejoined 8,760 7,300 14620 agepriceofscheduledessential patients.JusticeMehtareferred TheBenchalsoraisedcon- Pharmaceutical industry policyshouldnotonlysupport whiletherestiscontributedby Numberofpeoplewhodroppedout medicines when the govern- toacancermedicinecarryingan cernsoverthepricingofmedi- executivestoldBusinessStan- affordabilitybutalsoencour- theparticipatingcompany. oftheinternship 5,029 2,648 NA ment calculates their official MRPofabout~27,000,despite cines dispensed through dard that the difference age investment in quality, In FY25 and FY26, the Numberofpeoplewhocompleted ceilingprice. itsPTRbeingaround~2,700. corporatehospitals.Itobserved betweenPTRandMRPshould modern manufacturing, scheme’s allocation stood at 3,731 2,880 NA theinternship However,scheduledmedi- “Justseethedrasticdifference,” thatpatientsareoftenrequired notbeequatedwithmanufac- research and development, ~123.8crore.Ofthis,around10 cinesaccountforonly10per JusticeMehtaobserved,ques- toprocuremedicinesfromhos- turer profit. “Medicines pass andtheinnovationneededto percentwasspentonpublicity Note:*Thecompletionanddropoutdataforround2and3areason cent of the total medicines tioningtherationaleforsucha pital pharmacies, with the throughmultiplestagessuchas deliver better medicines to andmedia-relatedactivitiesby August6,2026sincetheintenshipsareongoing available in the market. The steepmarkup. highercostseventuallybeing distributors,stockists,retailers, patients,” the person quoted the Ministry of Information Source:LokSabhaquestionandanswer restarenon-scheduledmedi- TheBenchalsoquestioned reimbursedfrompublicfunds andhospitalpharmacies,and earliersaid. andBroadcasting’sBureauof Communication,accordingto Lowallocationdespite Estimated Actual anRTIresponseseenbyBusi- higherBudgetallocation FY25 2,000.0 29.3 DelhiHCquashesFSSAI Numberofwomenjudgesin Topcourtagreestohear nessStandard.Expenditureon publicity amounted to ~12.6 FY26 10,831.1 94.5 orderdirectingRedBullto apexcourtmayrisetothree pleaseekingsuspension crore,ofwhicharound60per ExpenditureonPM FY27 4,788.5 NA cent was spent on the print InternshipScheme(~crore) Source:Budgetdocument,ourcalculation drop‘energydrink’tag ofCECnextweek ThenumberofwomenjudgesintheSupremeCourtis mediaandtheremaining40 likelytogouptothreeinthecomingdayswiththetop percentonthedigitalmedia. TheDelhiHighCourtonTuesdaysetasidean courtcollegiumrecommendingGujaratHighCourt TheSupremeCourtagreedtohearnextweek Inthepasttwoyears,com- completed their internships pointed out that the higher orderoftheFoodSafetyStandardsAuthorityof ChiefJusticeSunitaAgarwalforelevation. aPILseekingsuspensionofChiefElection prising three rounds from while2,648droppedout. dropoutrateintheschemewas India(FSSAI)directingRedBulltostopusing PeopleawareoftheproceduretoappointSupremeCourt Commissioner(CEC)GyaneshKumarand October2024toAugust2026, The third round, which occurringduetoseveralfac- words‘energydrink’onitsproduct. andhighcourtjudgessaidhername,alongwiththoseofJus- challengingthemannerinwhichthepoll 400,822 opportunities were bega [Showing first 8,000 characters — download PDF for full document]