BSECompany Update3d ago · 11 Nov 2026, 03:01 pm

Ref. Corporate Announcement filed by us on 7.11.2026 and your e-mail dt. 9.11.2026. Our reply and updated announcement is filed herewith.

Ramco Industries Ltd · 532369

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Ramco Industries Ltd has received favourable orders from the GST Authority, dropping the GST, interest, and penalty demand. The company received the orders on November 6, 2026, via multiple communications. The announcement was made on November 7, 2026, within the prescribed 24-hour timeline.

Analysis Scores

Earnings Impact8/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10

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Full Announcement

Ramco Industries Ltd - 532369 - Announcement Under Reg. 30 Of SEBI LODR.

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Ramco lndustries f-imited Auras Corporate Centre, 6'h Floor, 98,A, Dr Radhakrishnan Salai, Mylapore, Chennai 600 OO4. tndia Ref.No.BSEquery/ Reg.30/2026-1)e\aaa2e831oo/281'ilii;ililil#,iltiiii],:y,jiljlll"Tlil; Lt.tt.2026 BSE Limited Listing Compliance Monitoring Team Floor 25, "P.J.Towers", Dalal Street, Mumbai - 400 001 Scrip Code: 532369 Dear Sirs, Sub : Query on Corporate Announcement submitted by us on 7.11.2026 under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - reg. This has reference to your email dated November 9, 2026, regarding the captioned Corporate Announcement and the request for details in line with the SEBI Circulars dated November 2024. In this connection, we clarify that the Company received the favourable orders from the GSTAuthority, dropping the GST, interest, and penalty demand (originally disclosed on November 4, 2025) on November 6,2026, via multiple communications starting from 12:43 PM onwards. Since the formal disclosure was submitted to the Stock Exchange on November 7,2026, at 11:33 AM, the announcement was made well within the prescribed 24 hour timeline, and therefore, there was no delay in compliance. While our recent submission followed the format prescribed under the LODR Master Circular, it included extensive details from the original penalty disclosure letter dated November 4, 2025 alongside the new update on November 7, 2026. We understand this caused ambiguity. To provide better clarity, we are resubmitting the corporate announcement focusing primarily on the specific details of the latest favourable orders. The updated disclosure is enclosed herewith in the prescribed format, in strict compliance with the SEBI Circular on the Industry Standards Note on Regulation 30 of the SEBI (LODR) Regulations, and we request you to kindly take it on record. Hope we have clarified your query. Thanking you Yours faithfully For Ramco Industries Limited S. Balamurugasundaram Company Secretary and Legal Head CC : National Stock Exchange of India Limited, Exchange Plaza, sth Floor, Bandra- Kurla Complex, Bandra (E), Mumbai - 400 051 Scrip Code: RAMCOIND EQ ]ii:.:H ILU XLITE SHIDEN ii:E!SEm GR PA E,, Eco N Ca OE @" SmailBuii) Hi9h Oenriry Soard Td.h SPrvif .! Registered Office : 47, P.S.(..Nagar, Rajapalayam 626 108, tndia Annexure - Disclosure by Ramco Industries 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, 2O 1 5. [Regulation 3O(13) - Disclosure of communication from regalatory, statutory, enforcement or judicial authoityl. S. No. Particulars Details Name of the listed company Ramco Industries Limited 2 Type of communication received Favourable Orders received from the Deputy Commissioner (ST), Appeals, Chennai South through GST portal on 06. 1 1.2026. 3 Date of receipt of communication 06-71-2026 4 Authority from whom communication The Deputy Commissioner (ST), Appeals, Chennai recevied South. 5 Brief summary of the matria.l contents We have received 5 favourable orders consists of of the communicaton received, 5 different financial years from Deputy including reasons for receipt of the Commissioner (ST) Appeals, Chennai South, communication allowing our appeal ald setting aside the disputed amount a-long with interest and penalty against Corporate Guarantee issued to our group associates M/s. Harini Textiles Ltd., by ordered implications for the F.Ys. 2018-19, 2O19-2O,2021- 22,2022-23 & 2023-24. The disputed liability of GST, interest and penalty on Corporate Guaraatee was dropped by passing favourable orders on O6.LL.2O26 as below. F.Ys, Fav. order recd. Penalty Amouat dropped 2Ol8-79 - 06.11.2026-72:43 PM - Rs.8,33,220 2Ol9-2O - 06.7 1.2026- 12:46 PM - Rs.S,33,220 2O2l -22 - 06.l 1.2026-72:48 PM - Rs.8,33,220 2022-23 - 06.11.2026- 12:49 PM - Rs.8,33,220 2023-24 - 06.11.2026-12:53 PM - Rs.4,16,610 Total - Rs.37,49,49O 6 Period for which communication would For the F.Ys. 2018-19, 2O79-2O,2021-22,2022- be applicable, if stated 23 &2023-24. S. no. Partieulars Details 7 Expected Illancia-l implications on the Pursuant to the favourable orders, there is no listed company, if any materia.l impact on the {inancial position, operations or other activities of the company. 8 Details of any aberrations/non- NIL compliances identifred by the authority in the communication 9 Details of penalty or restriction or NIL sanction imposed pursuant to the communication 10 Action(s) taken by listed company with NIL respect to the communication 11 Any other relavant information NIL