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Ram Ratna Wires Limited has specifically clarified that no Unpublished Price Sensitive Information (UPSI) will be shared during the scheduled meeting with analysts and investors.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.

Ram Ratna Wires Limited has disclosed receiving Income Tax assessment orders from the Deputy Commissioner of Income Tax, Central Circle 1, Vadodara, with a significantly higher demand than previously reported. The company received these orders on March 09, 2026, via the Income Tax Portal for assessment years 2021-22 and 2022-23, representing a substantial escalation from earlier assessments.

Assessment Order Details

The Income Tax Department issued assessment orders under section 147 of the Income Tax Act, 1961, following assessment proceedings for the specified years. The orders cover financial years 2020-21 and 2021-22 respectively, with the company making the disclosure pursuant to Regulation 30(13) of the SEBI Listing Regulations.

Financial Implications

The IT Department has raised demand notices under section 156 of the Income Tax Act with substantial financial implications for the company. The total demand aggregates to Rs. 70.96 crores, which includes an interest component of Rs. 24.51 crores. These demands arise from certain additions made under various sections of the Income Tax Act during the assessment proceedings.

Company's Response Strategy

Ram Ratna Wires is currently evaluating the demand orders received from the tax authorities. The company has outlined a comprehensive approach to address these assessments, similar to its previous strategy for earlier orders. The company plans to file rectification applications for computational and clerical errors identified in the orders and intends to file appeals against the additions made to the assessed income.

The company has stated that it does not envisage any material impact on its financials, operations, or other activities arising from these orders at present, despite the significant quantum of the demand.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30(13) of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. This communication continues the company's earlier intimations dated November 29, 2023, December 04, 2023, and March 31, 2025, regarding similar matters. The company has provided comprehensive details in the prescribed Form A format and additional information as required under SEBI regulations, ensuring full transparency with stakeholders regarding these regulatory developments.