NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company29 Aug 2026 · 29 Aug 2026, 04:58 pm
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
Ram Ratna Wires Limited · RAMRAT
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Ram Ratna Wires Limited has received a Show Cause-cum-Demand Notice from the Joint Director, Directorate General of Goods and Services Tax Intelligence (DGGI), Surat Zonal Unit, under Section 74(1) & Section 122(1)(ii) of the CGST Act, 2017 & SGST Act, 2017 read with IGST Act, 2017, raising a GST demand of INR 29.23 Crores along with applicable interest and penalty in respect of the Financial Years 2020-21 to 2023-24.
Analysis Scores
Earnings Impact3/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment4/10
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Full Announcement
Ram Ratna Wires Limited has informed the Exchange about receipt of Show Cause-cum-Demand Notice under Regulation 30 of the SEBI Listing Regulations.
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August 29, 2026
Corporate Relationship Department National Stock Exchange of India Limited
BSE Limited Exchange Plaza, Plot No. C-1,
Phiroze Jeejeebhoy Towers, Block G, Bandra – Kurla Complex,
Dalal Street, Mumbai – 400 001 Bandra (East), Mumbai – 400 051
Script Code: 522281 Symbol: RAMRAT
Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”)
Dear Sir/Madam,
Pursuant to Regulation 30(13) read with sub-para (8) of Para (B) of Part (A) of Schedule III of SEBI
Listing Regulations, we hereby inform you that the Company has received a Show Cause-cum-Demand
Notice from the Joint Director, Directorate General of Goods and Services Tax Intelligence (DGGI), Surat
Zonal Unit, communicated to the Company, in respect of the Financial Years 2020-21 to 2023-24.
The information in terms of SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2025/25 dated
February 25, 2025 and the Industry Standards note on Regulation 30 of SEBI Listing Regulations
required in the prescribed ‘Form A’ annexed herewith as Annexure I to this letter and the information
in terms of sub-para 8 of Para B of Part A of Schedule III to the SEBI Listing Regulations read with the
SEBI Master Circular vide Ref. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
is annexed herewith as Annexure II to this letter.
We also hereby state and declare that the information and details provided in Form A annexed
herewith as Annexure I, in compliance with Regulation 30(13) of the SEBI Listing Regulations, are true,
correct and complete to the best of our knowledge and belief.
You are requested to kindly take on record the same.
Thanking you,
Yours sincerely,
For Ram Ratna Wires Limited
Saurabh Gupta
AGM - Company Secretary
M. No.: F13652
Place: Silvassa
Email: investorrelations.rrwl@rrglobal.com
Annexure – I
Form A
Disclosure by Ram Ratna Wires Limited regarding receipt of communication from regulatory, statutory,
enforcement or judicial authority under the SEBI Listing Regulations
[Regulation 30(13) – Disclosure of communication from regulatory, statutory, enforcement or judicial
authority]
Sr. Particulars Details
1. Name of the listed company Ram Ratna Wires Limited
2. Type of communication received Show Cause-cum-Demand Notice under Section 74(1) & Section
122(1)(ii) of the CGST Act, 2017 & SGST Act, 2017 read with IGST Act,
2017.
3. Date of receipt of communication Communicated on August 27, 2026 late night*
4. Authority from whom Joint Director, Directorate General of Goods and Services Tax Intelligence
communication received (DGGI), Surat Zonal Unit.
5. Brief summary of the material The Company has received a Show Cause-cum-Demand Notice dated
contents of the communication August 27, 2026, issued by the Joint Director, Directorate General of
received, including reasons for Goods and Services Tax Intelligence (DGGI), Surat Zonal Unit, under
receipt of the communication Section 74(1) & Section 122(1)(ii) of the CGST Act, 2017 & SGST Act, 2017
read with IGST Act, 2017. The Notice raises a GST demand of INR 29.23
Crores along with applicable interest and penalty in respect of the
Financial Years 2020-21 to 2023-24.
The Company is in the process of evaluating the Show Cause-cum-
Demand Notice and the allegations contained therein. The Company
intends to file detailed submissions, duly supported by relevant
documentary evidence, within the prescribed timeline, rebutting the
allegations and addressing the proposed demand.
6. Period for which communication Financial Year(s) 2020-21 to 2023-24.
would be applicable, if stated
7. Expected financial implications on At present, the Company does not envisage any material impact on its
the listed company, if any financials, operations, or other activities arising from the Show Cause-
cum-Demand Notice.
8. Details of any aberrations/non- Nil
compliances identified by the
authority in the communication.
9. Details of any penalty or Applicable interest and penalty in respect of the Financial Years 2020-21
restriction or sanction imposed to 2023-24 as per the applicable provisions of the GST Act, 2017.
pursuant to the communication
10. Action(s) taken by listed company The Company will file detailed submissions, supported by documentary
with respect to the evidence, to rebut the allegations set out in the Show Cause-cum-
communication Demand Notice within the prescribed timeline.
11. Any other relevant information Nil
*Reason of delay in reporting: We wish to inform that the aforementioned notice was received by the Company
late night on Aug 27, 2026. Consequently, since Aug 28, 2026, was an official holiday for the Company’s
administrative offices, the information could not be processed and internalized immediately.
Annexure – II
Pendency of any litigation(s) or dispute(s) or the outcome thereof which may have an impact on the
listed entity:
Particulars Details
At the time of becoming the party:
Brief details of litigation viz. name(s) of the opposing The Company has received a Show Cause-cum-
party, court/ tribunal/agency where litigation is filed, Demand Notice dated August 27, 2026, issued by the
brief details of dispute/litigation Joint Director, Directorate General of Goods and
Services Tax Intelligence (DGGI), Surat Zonal Unit,
under Section 74(1) & Section 122(1)(ii) of the CGST
Act, 2017 & SGST Act, 2017 read with IGST Act, 2017.
The Notice raises a GST demand of INR 29.23 Crores
along with applicable interest and penalty in respect
of the Financial Years 2020-21 to 2023-24.
The Company is in the process of evaluating the Show
Cause-cum-Demand Notice and the allegations
contained therein. The Company intends to file
detailed submissions, duly supported by relevant
documentary evidence, within the prescribed timeline,
rebutting the allegations and addressing the
proposed demand.
Expected financial implications, if any, due to At present, the Company does not envisage any
compensation, penalty etc material impact on its financials, operations, or other
activities arising from the Show Cause-cum-Demand
Notice.
Quantum of claims, if any; As mentioned above