NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company9 Oct 2026 · 9 Oct 2026, 04:44 pm

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

Rane Holdings Limited · RANEHOLDIN

✦ AI Summary▲ PositiveLitigation

Rane Holdings Limited's wholly owned subsidiary, Rane Steering Systems Private Limited, has received an order from the GST Authority dropping a demand of Rs.10.07 Crores including penalty in entirety.

Analysis Scores

Earnings Impact8/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10

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Full Announcement

Rane Steering Systems Private Limited, Wholly Owned Subsidiary of the Company has received an order from GST Authority, Chennai dropping the demand of Rs.10.07 Crores including penalty in entirety.

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RANEHOLDIN_09102026164353_RHL_RSSL_GST_SCN_08102026_SD.pdf

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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 Submission// RHL/SE/061/2026-27 October 09, 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 — Update Ref: Our letter no. RHL/SE/054/2026-27 dated September 25, 2026 This is further to our aforementioned letter intimating receipt of Show Cause Notice(s) from Assistant Commissioner (ST), Royapettah, South — I, Chennai by Rane Steering Systems Private Limited, Wholly Owned Subsidiary of the Company (`RSSL'). RSSL has now received an order from GST Authority dropping the demand in entirety. 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 Order under Section 73 of CGST Act, 2017 3. Date of receipt of communication October 08, 2026 4. Authority from whom communication Assistant Commissioner (ST), Royapettah, received South — I, Chennai 5. Brief summary of the material Order dropping the proceedings relating to claim of contents of the communication ineligible ITC under Section 17(5) of GST Act, 2017 received, including reasons for amounting to Rs.10.07 Crores including penalty of receipt of the communication Rs.0.92 Crores. 6. Period for which communication Financial Year 2022-23 & 2023-24 would be applicable, if stated 7. Expected financial implications on Nil the listed company, if any 8. Details of any aberrations / Nil non-compliances identified by the authority in the communication 9. Details of any penalty or restriction or Nil sanction imposed pursuant to the communication 10. Action(s) taken by listed company Nil with respect to the communication 11. Any other relevant information Based on reply submitted by RSSL with supporting documents and considering the factual position, GST Authority vide their order have dropped the proceedings. 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 Regularly till the litigation is concluded or dispute is resolved: a) the details of any change in the status and / or any Refer SI.No. 5 of 'Annexure-A' above development in relation to such proceedings; b) in the case of litigation against key management Not Applicable personnel or its promoter or ultimate person in control, regularly provide details of any change in the status and / or any development in relation to such proceedings; c) in the event of settlement of the proceedings, details of Not Applicable such settlement including - terms of the settlement, compensation/penalty paid (if any) and impact of such settlement on the financial position of the listed entity. Page 2 of 2