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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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment6/10

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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