RR Kabel Limited Receives Income Tax Re-assessment Orders Worth ₹5.44 Crores for AY 2015-16 and 2016-17

1 min read     Updated on 28 Mar 2026, 11:54 PM
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AI Summary

RR Kabel Limited received income tax re-assessment orders for AY 2015-16 and 2016-17 from the Deputy Commissioner of Income Tax, Vadodara, with a total demand of ₹5.44 crores including ₹4.27 crores in interest. The orders relate to certain additions and disallowance of expenditures under various sections of the Income Tax Act. The company plans to file appeals against both orders and expects no material impact on its financial operations.

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RR Kabel Limited has received re-assessment orders from the Income Tax Department for Assessment Years 2015-16 and 2016-17, with a total demand of ₹5.44 crores including interest. The company disclosed this development to stock exchanges on 28 March 2026 under SEBI regulations, stating its intention to appeal against the orders.

Re-assessment Order Details

The Office of the Deputy Commissioner of Income Tax, Central Circle-1, Vadodara issued the re-assessment orders under Section 143(3) read with Section 147 of the Income Tax Act. The orders were received on different dates for each assessment year:

Assessment Year: Receipt Date Financial Year Covered
AY 2015-16: 27 March 2026 FY 2014-15
AY 2016-17: 28 March 2026 FY 2015-16

Financial Implications

The income tax demand totals ₹5.44 crores, which includes interest of ₹4.27 crores. This demand arises from certain additions and disallowance of expenditures under various sections of the Income Tax Act identified during the re-assessment proceedings.

Component: Amount
Total Demand: ₹5.44 crores
Interest Component: ₹4.27 crores
Principal Demand: ₹1.17 crores

Company's Response and Impact Assessment

RR Kabel Limited has stated that it intends to file an appeal against both re-assessment orders. The company has assessed that it does not expect any material impact on its financials, operations, or other activities due to these orders. No penalties, restrictions, or sanctions have been imposed pursuant to the communication from the tax authorities.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. This intimation continues the company's series of regulatory communications, following earlier intimations dated 29 November 2023, 04 December 2023, 31 March 2025, 18 March 2026, and 24 March 2026. The company has also uploaded this information to its website at www.rrkabel.com as part of its transparency commitments to stakeholders.

What is the likelihood of RR Kabel's appeal being successful given the nature of expenditure disallowances identified by the tax authorities?

Could this re-assessment trigger scrutiny of RR Kabel's tax filings for subsequent financial years beyond 2016-17?

How might this tax dispute affect RR Kabel's credit ratings or borrowing costs in the near term?

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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AI Summary

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?

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