R R Kabel Limited has informed stock exchanges about a significant GST penalty imposed by tax authorities. The company disclosed receiving a penalty order of ₹1,01,70,919 from the Office of the Assistant Commissioner of Central GST & Central Excise, Division-VII, Vadodara-I on 30 January 2026.

Penalty Details and Allegations

The penalty has been imposed under Section 122(1)(ii) of the CGST Act, 2017, read with the IGST Act, 2017. The tax authorities have alleged that the company engaged in supplies of goods without actual movement of goods, which constitutes a contravention under the GST regulations.

Legal Provisions and Compliance

The penalty order is based on an inquiry conducted by the GST authorities regarding alleged contraventions of supply regulations. The specific violation pertains to Section 122(1)(ii) of the CGST Act, 2017, which deals with penalties for various offenses under the GST framework.

Company's Response and Next Steps

R R Kabel Limited has announced that it will file an appeal against the penalty order. The company has stated that apart from the potential payment of penalty amounts, there is no other expected impact on the financial, operational, or other activities of the company.

Regulatory Disclosure

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided detailed information in the prescribed Form A format, including comprehensive details about the communication received from tax authorities and the company's planned response.

The information has also been uploaded on the company's website at www.rrkabel.com as part of the transparency requirements under SEBI regulations.

RR Kabel Limited announced significant senior management appointments following a Board of Directors meeting held on 31 January 2026. The company approved three key personnel changes, including one redesignation and two new appointments, all based on recommendations from the Nomination and Remuneration Committee.

Key Management Appointments

The board approved the following senior management changes during the meeting that commenced at 05:20 p.m. (IST) and concluded at 07:04 p.m. (IST):

Leadership Profiles and Experience

Vivek CM brings over 30+ years of experience in the FMEG and Telecom sectors, with expertise in channel sales and marketing roles. As a Management Graduate and INSEAD alumnus, he currently serves as Vice President of Sales at RR Kabel, overseeing sales operations for consumer lighting, fans, and small domestic appliances. His background includes key roles in lighting, domestic appliances, DTH Big TV and telecom sectors.

Manjari Modi is a Chartered Accountant with over 22+ years of senior leadership experience, including 14 years in the wires and cables sector and 8 years in consumer durables. Her expertise spans enterprise transformation, commercial governance, credit and working capital management, and cross-functional strategy execution. She has previously contributed to IPO readiness, large-scale business integration, performance governance frameworks, and CXO-level execution cadence.

Manish Balodi holds an Executive Master of Business Administration (EMBA) and brings over 25+ years of experience in national sales management, go-to-market strategy, and large-scale distribution transformation in the consumer durable and small appliances industry. His core strengths include secondary sales acceleration, GTM restructuring, trade marketing effectiveness, working capital discipline, inventory planning, and channel productivity enhancement across GT, MT, and emerging channels.

Regulatory Compliance

The appointments comply with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided detailed information as required under SEBI Circular ref SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. All appointees will serve under full-time employment terms as per the company's policy.

Strategic Focus Areas

The new appointments reflect RR Kabel's strategic focus on strengthening its leadership across key business divisions. The FMEG business will benefit from Vivek CM's enhanced role as Chief Sales Officer, while the Wires and Cables Division gains specialized expertise through Modi's Centre of Excellence leadership and Balodi's business transformation focus. These appointments position the company to drive growth across its consumer and B2B segments.