NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company3d ago · 11 Nov 2026, 03:10 pm
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
Ramco Industries Limited · RAMCOIND
✦ AI Summary▲ PositiveRegulatory
Ramco Industries Limited 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, and the announcement was made well within the prescribed 24-hour timeline.
Analysis Scores
Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Ramco Industries Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
Attachments (1)
📄pdf
Download →
RAMCOIND_11112026150745_Reply_to_BSE_Query_09112026.pdf
View document text
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