NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company21h ago · 21 Jul 2026, 06:25 pm

Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Rane Holdings Limited · RANEHOLDIN

✦ AI SummaryLitigation

Rane Holdings Limited'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 relates to tax liability payable on reverse & forward charge mechanism on certain expenses, availing ITC on trade payables, etc. The expected financial implications on the listed company are Rs 7.46 Crores including a penalty of Rs.0.38 Crores.

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment5/10

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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)

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RHLCS_21072026182203_RSSL_SCN_SEIntimation_July_2026_SD.pdf

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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