RR Kabel Allots 4,448 Equity Shares Under ESOP 2020 Scheme, Paid-Up Capital Rises to ₹56.55 Crore

1 min read     Updated on 26 Mar 2026, 05:39 PM
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RR Kabel Limited allotted 4,448 equity shares under its ESOP 2020 scheme on 26 March 2026 at ₹450.00 per share to an eligible employee. This increased the company's paid-up capital from ₹56,55,05,285 to ₹56,55,27,525, with total shares rising to 11,31,05,505. The newly allotted shares rank pari-passu with existing equity shares and comply with SEBI regulations.

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RR Kabel Limited has completed the allotment of 4,448 equity shares under its Employee Stock Option Plan 2020 (RRKL ESOP 2020) on 26 March 2026. The Finance and Allotment Committee approved the allotment to an eligible employee who had exercised vested options under the scheme.

Share Allotment Details

The allotment involves 4,448 equity shares with a face value of ₹5 each, issued at an exercise price of ₹450.00 per share with a premium of ₹445.00 per share. The shares were allotted on 26 March 2026 and carry the ISIN number INE777K01022.

Parameter: Details
Number of Shares Allotted: 4,448
Face Value per Share: ₹5
Exercise Price per Share: ₹450.00
Premium per Share: ₹445.00
Date of Allotment: 26 March 2026

Impact on Share Capital

The allotment has resulted in an increase in the company's paid-up equity share capital. The capital structure has been enhanced with the addition of new shares to the existing base.

Metric: Before Allotment After Allotment
Total Equity Shares: 11,31,01,057 11,31,05,505
Paid-Up Capital: ₹56,55,05,285 ₹56,55,27,525

Regulatory Compliance

The company has fulfilled all regulatory requirements under the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The disclosure was filed with both BSE Limited and National Stock Exchange of India Limited, where the company's shares are listed under the symbol RRKABEL with script code 543981.

The newly allotted equity shares will rank pari-passu with the existing equity shares of the company, ensuring equal rights and privileges for all shareholders. No lock-in period applies to these shares, and they are identical in all respects to the existing shares.

Company Information

RR Kabel Limited is headquartered at Ram Ratna House, Victoria Mill Compound, Pandurang Budhkar Marg, Worli, Mumbai, Maharashtra, with its shares trading on both BSE and NSE. The company secretary Anup Vaibhav C. Khanna has signed the regulatory filings and disclosures related to this allotment.

How many more ESOP options remain unvested under the RRKL ESOP 2020 scheme and when are they expected to be exercised?

Will RR Kabel consider launching additional employee stock option plans beyond 2020 to retain talent in the competitive cable industry?

What impact might the dilution from ongoing ESOP exercises have on RR Kabel's earnings per share in the coming quarters?

RR Kabel Limited Receives Additional Income Tax Orders Worth ₹66.58 Crores

2 min read     Updated on 25 Mar 2026, 03:06 AM
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RR Kabel Limited has received fresh income tax re-assessment orders totaling ₹66.58 crores (including ₹42.27 crores interest) for assessment years 2018-19, 2019-20, and 2021-22. Combined with earlier orders of ₹12.68 crores, the company now faces cumulative tax exposure of ₹79.26 crores across multiple assessment years. The company plans to file appeals and rectification applications, maintaining that these orders will not materially impact its operations.

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RR Kabel Limited has received additional re-assessment orders from the Office of the Deputy Commissioner of Income Tax, Central Circle-1, Vadodara for three more assessment years. This latest communication follows the company's earlier disclosure of assessment orders worth ₹12.68 crores for different assessment years.

Latest Assessment Orders Details

The company received fresh re-assessment orders under Section 143(3) read with Section 147 of the Income Tax Act for three assessment years:

Assessment Year: Receipt Date Financial Year Covered
2018-19 24 March 2026 2017-18
2019-20 24 March 2026 2018-19
2021-22 23 March 2026 2020-21

Financial Impact and Demand Breakdown

The income tax demands arise from certain additions and disallowances of expenditures under various sections of the Income Tax Act, 1961. The total financial exposure for the latest orders amounts to:

Component: Amount (₹ Crores)
Total Tax Demand 24.31
Interest Component 42.27
Total Exposure 66.58

Cumulative Tax Exposure

Combining the earlier assessment orders with the latest re-assessment orders, RR Kabel Limited now faces a cumulative income tax exposure across multiple assessment years:

Order Type: Amount (₹ Crores)
Earlier Assessment Orders (AY 2017-18, 2020-21, 2024-25) 12.68
Latest Re-assessment Orders (AY 2018-19, 2019-20, 2021-22) 66.58
Total Cumulative Exposure 79.26

Company's Response Strategy

RR Kabel Limited has outlined its response strategy to address the latest orders. The company believes that the demand raised is higher than the additions made in one of the re-assessment orders due to certain computational or clerical errors, which are rectifiable under Section 154 of the Income Tax Act. The company plans to file rectification before the jurisdictional Assessing Officer and intends to file appeals against all the orders.

Expected Impact Assessment

Despite the significant financial exposure, the company's management maintains that these orders are not expected to have any material impact on its financials, operations, or other business activities. No penalties, restrictions, or sanctions have been imposed pursuant to the latest communication from the income tax department.

Regulatory Compliance and Disclosure

This disclosure has been made pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The information represents a continuation of the company's earlier intimations dated 29 November 2023, 04 December 2023, 31 March 2025, and 18 March 2026. The details have been uploaded to the company's website at www.rrkabel.com for stakeholder access.

How might the ₹79.26 crore cumulative tax exposure affect RR Kabel's credit rating and borrowing costs in the near term?

What potential impact could prolonged tax litigation have on RR Kabel's expansion plans and capital allocation strategy?

Will the company need to set aside provisions for these tax demands, and how might this affect future dividend distributions?

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