BSECompany Update22h ago · 21 Jul 2026, 06:25 pm
This is to inform you that Rane Steering Systems Private Limited, wholly owned subsidiary of the Company has received an order from Deputy Commissioner (CT), Chennai (South).
Rane Holdings Ltd · 505800
✦ AI SummaryRegulatory
Rane Holdings Ltd's wholly owned subsidiary, Rane Steering Systems Private Limited, has received an order from Deputy Commissioner (CT), Chennai (South), partly allowing, partly dismissing, and partly modifying an appeal filed under the Tamil Nadu Goods and Services Tax Act, 2017. The order has implications on the company's financials, with an expected impact of Rs 7.46 Crores, including a penalty of Rs 0.38 Crores.
Analysis Scores
Earnings Impact6/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk7/10
Liquidity Impact5/10
Market Sentiment4/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Rane Holdings Ltd - 505800 - Disclosure Under Regulation 30 - Part A Para B.8 Schedule III Of SEBI LODR
Attachments (1)
📄pdf
Download →
4373d1cc-0850-467d-b1da-003fc605b6f4.pdf
View document text
Rane
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/040/2026-27 July 21, 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
This is to inform you that Rane Steering Systems Private Limited, Wholly Owned Subsidiary of the
Company (`RSSL') has received an order from Deputy Commissioner (CT), Chennai (South).
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 u/s 112 of TNGST Act
3. Date of receipt of communication July 20, 2026
4. Authority from whom communication Deputy Commissioner (CT), Chennai (South).
received
5. Brief summary of the material The authority has partly allowed, partly dismissed
contents of the communication and partly modified the appeal filed by the RSSL u/s
received, including reasons for 107(1) of the TNGST Act, 2017.
receipt of the communication Matters dismissed inter-alia relate to tax liability
payable on reverse & forward charge mechanism on
certain expenses, availing ITC on trade payables
etc.
6. Period for which communication Financial Year 2019-20
would be applicable, if stated
7. Expected financial implications on Rs 7.46 Crores including penalty of Rs.0.38 Crores
the listed company, if any
8. Details of any aberrations/non- Same as Point 5 above
compliances identified by the
authority in the communication
9. Details of any penalty or restriction or Rs.0.38 Crores
sanction imposed pursuant to the
communication
10. Action(s) taken by listed company RSSL in consultation with its consultants / tax
with respect to the communication advisors will be filing an appeal before the
appropriate authority within the prescribed timelines
11. Any other relevant information RSSL had filed an appeal u/s 107(1) of the TNGST
Act, 2017 against the order passed by Assistant
Commissioner (ST), Royapettah, Assessment Circle
u/s 73 of GST Act, 2017 on August 25, 2024 relating
to audit findings by the authority.
Annexure — B
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/wholly owned subsidiary:
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.8 & SI.No.9 of 'Annexure-A'
development in relation to such proceedings; above
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 Not Applicable
of 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