R R Kabel receives ₹13.19 Cr GST show cause notice from DGGI

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Reviewed by
Ashish TScanX News Team
Key Highlights
  • R R Kabel received a GST show cause notice for ₹13.19 crore from DGGI
  • The demand covers financial years FY21 to FY24 plus interest and penalty
  • Company plans to file rebuttal submissions with documentary evidence
  • Management states no material impact on financials is envisaged
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R R Kabel Limited received a show cause-cum-demand notice from the Directorate General of Goods and Services Tax Intelligence (DGGI) on August 27, 2026. The notice raises a Goods and Services Tax (GST) demand of ₹13.19 crore along with applicable interest and penalty.

The communication, issued by the Joint Director of the Surat Zonal Unit, covers the financial years FY21 to FY24. It cites provisions under Section 74(1) and Section 122(1)(ii) of the CGST Act, 2017, read with the SGST and IGST Acts.

Regulatory Disclosure

The company disclosed the receipt under Regulation 30(13) of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The filing was made with the BSE and NSE on August 29, 2026, following the late-night receipt of the notice on August 27 and an administrative holiday on August 28.

Particulars Details
Authority Joint Director, DGGI, Surat Zonal Unit
Demand Amount ₹13,19,45,614 plus interest and penalty
Period Covered Financial Years 2020-21 to 2023-24
Legal Basis Section 74(1) & 122(1)(ii) of CGST Act, 2017

Company Response

R R Kabel stated it is evaluating the allegations contained in the notice. The company intends to file detailed submissions supported by documentary evidence within the prescribed timeline to rebut the claims.

What the Numbers Show

The gross demand of ₹13.19 crore represents the principal tax liability alleged by the DGGI. The total financial exposure will be higher once applicable interest and penalties are added, as specified in the notice. However, the company explicitly stated it does not envisage any material impact on its financials or operations from this notice at present.

The notice covers a four-year period, suggesting the scrutiny relates to cumulative compliance issues across multiple fiscal years rather than a single transaction event.

Historical Stock Returns for RR Kabel

1 Day5 Days1 Month6 Months1 Year5 Years
+2.65%+0.38%+15.04%+85.92%+143.30%0.0%

How might the addition of interest and penalties to the ₹13.19 crore principal demand impact R R Kabel's quarterly cash flow projections for FY27?

Given the scrutiny covers FY21 to FY24, are there indications that other major cable manufacturers in the Surat region face similar GST compliance risks?

Could this DGGI notice trigger a broader regulatory review of R R Kabel's indirect tax filings for periods prior to FY21?

R R Kabel accepts resignation of AVP Procurement Vivek Dubey

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Reviewed by
Ashish TScanX News Team
Key Highlights

R R Kabel Limited announced the acceptance of Vivek Dubey’s resignation as Assistant Vice President – Procurement, effective August 31, 2026. Dubey, an SMP, served for one year and cited new career opportunities for his departure. The resignation was filed with BSE and NSE under Regulation 30 of the SEBI Listing Regulations.

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R R Kabel has accepted the resignation of Vivek Dubey, Assistant Vice President – Procurement, effective August 31, 2026. Dubey, who is designated as a Senior Management Personnel (SMP) under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, submitted his resignation letter dated July 16, 2026. The company’s management formally accepted the resignation on August 11, 2026, confirming that his cessation will take effect at the close of business hours on August 31, 2026.

The departure follows a standard 45-day notice period as per company policy. Dubey served in his role for one year prior to tendering his resignation. According to the disclosure filed with the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE), Dubey cited the pursuit of a new opportunity and personal career aspirations as the reasons for his exit.

Resignation Details

The company notified the stock exchanges pursuant to Regulation 30 read with Schedule III, Part A, Para A (sub-paras 7 & 7C) of the SEBI Listing Regulations. The intimation was issued by Anup Vaibhav C. Khanna, Company Secretary & Compliance Officer of R R Kabel Limited.

Particulars Details
Name Vivek Dubey
Designation Assistant Vice President – Procurement
Status Senior Management Personnel (SMP)
Date of Resignation Letter July 16, 2026
Date of Acceptance August 11, 2026
Effective Date of Cessation August 31, 2026
Reason for Resignation New opportunity and personal career aspirations
Tenure in Role 1 year

Dubey addressed his resignation letter to Mahendra Kabra, Managing Director of R R Kabel Limited. In the letter, Dubey stated that the decision to step down was not easy, acknowledging the professional growth he experienced during his tenure. He committed to ensuring a smooth transition of responsibilities during the notice period.

Regulatory Compliance

The disclosure aligns with the SEBI Master Circular dated January 30, 2026, regarding the reporting of changes in senior management personnel. The company confirmed that no relationship disclosure with directors was applicable in this instance, as the change involves an executive role rather than a directorship. The full intimation, including Annexure A and a copy of the resignation letter, is available on the company’s website at www.rrkabel.com .

As an SMP, Dubey’s departure requires immediate public disclosure to ensure transparency for investors and stakeholders. The company has not yet announced a replacement for the position.

Historical Stock Returns for RR Kabel

1 Day5 Days1 Month6 Months1 Year5 Years
+2.65%+0.38%+15.04%+85.92%+143.30%0.0%

How might the departure of the Assistant Vice President – Procurement impact R R Kabel's supply chain stability and cost management strategies in the short term?

What is the company's timeline and criteria for recruiting a replacement, and will they seek an internal promotion or external hire for this SMP role?

Could Vivek Dubey's move to a competitor or a different sector signal broader talent retention challenges within R R Kabel's senior management?

More News on RR Kabel

1 Year Returns:+143.30%