Ram Ratna Wires Limited has informed stock exchanges about receiving an Income Tax assessment order demanding ₹10.22 crores for Assessment Year 2024-25. The company disclosed this development under Regulation 30 of SEBI Listing Regulations on March 14, 2026.

Assessment Order Details

The Deputy Commissioner of Income Tax, Central Circle 1, Vadodara issued the assessment order under Section 143(3) of the Income Tax Act, 1961 on March 13, 2026. The order follows assessment proceedings conducted by the IT department for Assessment Year 2024-25, covering Financial Year 2023-24.

The demand notice issued under Section 156 of the IT Act includes interest of ₹1.94 crores on account of certain additions made under various sections of the Income Tax Act.

Company's Response Strategy

Ram Ratna Wires Limited is currently evaluating the demand order and has outlined its response approach. The company plans to file rectification for computational and clerical errors identified in the assessment order. Additionally, the company intends to file an appeal against the additions made to the assessed income.

Key Response Actions:

• Evaluation of the demand order in progress
• Filing rectification for computational/clerical errors
• Planning appeal against income additions
• Assessment of financial implications

Financial Impact Assessment

The company has stated that it does not envisage any material impact on its financials, operations, or other activities arising from this order. This assessment is based on the company's evaluation of the demand order and its planned legal remedies.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30(13) of the SEBI Listing Regulations, continuing from earlier intimations dated November 29, 2023, December 04, 2023, March 31, 2025, and March 10, 2026. The company has provided comprehensive details in Form A as required under SEBI guidelines and confirmed that all information provided is true, correct, and complete to the best of their knowledge and belief.

The company's proactive disclosure approach demonstrates adherence to regulatory requirements while keeping stakeholders informed about significant developments that could potentially impact the business.

Ram Ratna Wires Limited has announced a scheduled virtual investor conference meeting organized by Kotak Securities Limited, set to take place on March 23, 2026. The company has formally communicated this development to both BSE Limited and National Stock Exchange of India Limited in compliance with regulatory requirements.

Regulatory Compliance and Meeting Details

The announcement has been made pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was signed by Saurabh Gupta, AGM - Company Secretary, on March 13, 2026.

Information Sharing Guidelines

Ram Ratna Wires Limited has specifically clarified that no Unpublished Price Sensitive Information (UPSI) will be shared during the scheduled meeting with analysts and investors. This adherence to regulatory guidelines ensures compliance with securities market regulations and maintains transparency in investor communications.

Schedule Flexibility

The company has noted that the schedule of the meeting may undergo changes due to exigencies on the part of analysts, investors, or the company itself. This provision allows for necessary adjustments while maintaining the commitment to investor engagement.

Corporate Communication

The formal intimation was addressed to the Corporate Relationship Departments of both major stock exchanges where the company's shares are listed. The communication maintains the standard corporate protocol for such announcements and ensures proper regulatory compliance in investor relations activities.