BSECompany Update2d ago · 7 Nov 2026, 11:26 am
Disclosure under Reg. 30 of SEBI (LODR) - Imposition of Fine or Penalty - Outcome - reg.
Ramco Industries Ltd · 532369
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Ramco Industries Ltd has received favourable orders from the Tamil Nadu Windmill GST authority, dropping GST, interest, and penalty for various cases.
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Full Announcement
Ramco Industries Ltd - 532369 - Intimation Under Reg. 30 Of SEBI (LODR)
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REF/SE/Reg.30/2025-26
7.11.2026
National Stock Exchange of India Ltd.
Exchange Plaza, Bandra-Kurla Complex,
Bandra (E), Mumbai – 400 051 Scrip Code:
RAMCOIND
BSE Limited
Floor 25, “P.J.Towers”,
Dalal Street, Mumbai – 400 001 Scrip Code: 532369
Dear Sirs,
Sub : Disclosure under Regulation 30 of SEBI LODR - sub-para 20 of para A of Part A of Schedule III -
imposition of fine or penalty.
Ref. : Our letter REF/SE/Reg.30/2025-26 dt. 4.11.2025.
Further to our letter REF/SE/Reg.30/2025-26 dt. 4.11.2025, we would like to inform you that we have received
orders from Tamil Nadu – Windmill GST authority, dropping GST, Interest and Penalty in respect of the following
cases. We give below the required disclosure under Regulation 30 of SEBI LODR - sub-para 20 of para A of Part
A of Schedule III. The intimation was received on 6.11.2026 at the times mentioned against each case :-
Impact on
financial,
Date of receipt of
operation or
direction or
Details of the other
order, including
violation(s)/ activities of
Nature and details of any ad-interim or
S. Name of the contravention(s) the listed
the action(s) taken or interim orders, or
No. authority committed or entity,
order(s) passed any other
alleged to be quantifiable
communication
committed in monetary
from the
terms to the
authority
extent
possible
1 Mr. Jothi Ezhilan, For the F.Y. 2018-19, 04-11-2025 For the F.Y. 2018-19,
Commercial Tax Commercial Tax Officer has Commercial Tax Officer 8,33,220
Officer, converted from notice to has converted from
Office of Joint Order in Form DRC-07 for notice to order in form
Commissioner the GST impact on DRC-07 for the GST
(ST), Chengalpattu Corporate Guarantee which impact on Corporate
Intelligence was provided to our group Guarantee which was
Division, company M/s. Harini provided to our group
No.870/2A, 1st Textiles Limited as per the company M/s. Harini
Floor, N.S. Garden, notification no.52/2023- Textiles Limited as per
Kanchipuram High Central Tax dt.26.10.2023, the notification
Road, to pay GST along with no.52/2023-Central Tax
Thimmavaram, interest and penalty U/s.74 dt.26.10.2023, to pay
Chengalpattu - o f CGST Act, 2017. GST-Rs.8,33,220/-
6 03101. along with interest
Rs.9,80,826/- and
penalty-Rs.8,33,220/-
U/s.74 of CGST Act,
2017. Favourable
Order received by
dropping GST,
interest and penalty
on 6.11.2026 –
1 2.43 p.m.
2 Mr. Jothi Ezhilan, For the F.Y. 2019-20, 04-11-2025 For the F.Y. 2019-20,
Commercial Tax Commercial Tax Officer Commercial Tax Officer 8,33,220
Officer, has converted from notice has converted from
Office of Joint to Order in Form DRC-07 notice to order in form
Commissioner for the GST impact on DRC-07 for the GST
(ST), Corporate Guarantee impact on Corporate
Chengalpattu which was provided to our Guarantee which was
Intelligence group company M/s. Harini provided to our group
Division, Textiles Limited as per the company M/s. Harini
No.870/2A, 1st notification no.52/2023- Textiles Limited as per
Floor, N.S. Central Tax dt.26.10.2023, the notification
Garden, to pay GST along with no.52/2023-Central Tax
Kanchipuram High interest and penalty dt.26.10.2023, to pay
Road, U/s.74 of CGST Act, 2017. GST-Rs.8,33,220/-
Thimmavaram, along with interest
Chengalpattu - Rs.8,30,434/- and
603101. penalty-Rs.8,33,220/-
U/s.74 of CGST Act,
2017. Favourable
Order received by
dropping GST,
interest and penalty
on 6.11.2026 –
12.46 p.m.
3 Mr. Jothi Ezhilan, For the F.Y. 2021-22, 04-11-2025 For the F.Y. 2021-22,
Commercial Tax Commercial Tax Officer Commercial Tax Officer 8,33,220
Officer, has converted from notice has converted from
Office of Joint to Order in Form DRC-07 notice to order in form
Commissioner for the GST impact on DRC-07 for the GST
(ST), Corporate Guarantee impact on Corporate
Chengalpattu which was provided to our Guarantee which was
Intelligence group company M/s. Harini provided to our group
Division, Textiles Limited as per the company M/s. Harini
No.870/2A, 1st notification no.52/2023- Textiles Limited as per
Floor, N.S. Central Tax dt.26.10.2023, the notification
Garden, to pay GST along with no.52/2023-Central Tax
Kanchipuram High interest and penalty dt.26.10.2023, to pay
Road, U/s.74 of CGST Act, 2017. GST-Rs.8,33,220/-
Thimmavaram, along with interest
Chengalpattu - Rs.5,30,476/- and
603101. penalty-Rs.8,33,220/-
U/s.74 of CGST Act,
2017. Favourable
Order received by
dropping GST,
interest and penalty
on 6.11.2026 –
12.48 p.m.
4 Mr. Jothi Ezhilan, For the F.Y. 2022-23, 04-11-2025 For the F.Y. 2022-23,
Commercial Tax Commercial Tax Officer Commercial Tax Officer 8,33,220
Officer, has converted from notice has converted from
Office of Joint to Order in Form DRC-07 notice to order in form
Commissioner for the GST impact on DRC-07 for the GST
(ST), Corporate Guarantee impact on Corporate
Chengalpattu which was provided to our Guarantee which was
Intelligence group company M/s. Harini provided to our group
Division, Textiles Limited as per the company M/s. Harini
No.870/2A, 1st notification no.52/2023- Textiles Limited as per
Floor, N.S. Central Tax dt.26.10.2023, the notification
Garden, to pay GST along with no.52/2023-Central Tax
Kanchipuram High interest and penalty dt.26.10.2023, to pay
Road, U/s.74 of CGST Act, 2017. GST-Rs.8,33,220/-
Thimmavaram, along with interest
Chengalpattu - Rs.3,80,496/- and
603101. penalty-Rs.8,33,220/-
U/s.74 of CGST Act,
2017. Favourable
Order received by
dropping GST,
interest and penalty
on 6.11.2026 –
12.49 p.m.
5 Mr. Jothi Ezhilan, For the F.Y. 2023-24, 04-11-2025 For the F.Y. 2023-24,
Commercial Tax Commercial Tax Officer Commercial Tax Officer 4,16,610
Officer, has converted from notice has converted from
Office of Joint to Order in Form DRC-07 notice to order in form
Commissioner for the GST impact on DRC-07 for the GST
(ST), Corporate Guarantee impact on Corporate
Chengalpattu which was provided to our Guarantee which was
Intelligence group company M/s. Harini provided to our group
Division, Textiles Limited as per the company M/s. Harini
No.870/2A, 1st notification no.52/2023- Textiles Limited as per
Floor, N.S. Central Tax dt.26.10.2023, the notification
Garden, to pay GST along with no.52/2023-Central Tax
Kanchipuram High interest and penalty dt.26.10.2023, to pay
Road, U/s.74 of CGST Act, 2017. GST-Rs.8,33,220/-
Thimmavaram, along with interest
Chengalpattu - Rs.1,15,052/- and
603101. penalty-Rs.8,33,220/-
U/s.74 of CGST Act,
2017. Favourable
Order received by
dropping GST,
interest and penalty
on 6.11.2026 –
12.53 p.m.
Total penalty as per
6 Orders 37,49,490
Yours faithfully
For Ramco Industries Limited
S. Balamurugasundaram
Company Secretary & Legal Head