Sri Ramakrishna Mills (Coimbatore) Ltd has received a penalty order from the Ministry of Corporate Affairs (MCA) for violating provisions related to Corporate Identity Number (CIN) disclosure requirements. The company received an email communication on January 12, 2026 at 04:12 PM from MCA serving an Order for Adjudication of penalty under Section 454 of the Companies Act, 2013.

Nature of Violation

The penalty has been imposed for violation of Section 12(3) of the Companies Act, 2013, specifically for not printing the CIN number of the company in its official publications, namely the Annual Report. The MCA noted that the company's reply was not satisfactory, emphasizing that the Annual Report is an authentic official publication that reaches thousands of shareholders and agencies including stock exchanges.

Penalty Details

The regulatory authority has imposed financial penalties on multiple parties for the CIN disclosure violation:

The MCA determined that the contravention under Section 12(3) was established as the company failed to publish the CIN number in its publication, thus not complying with provisions of Section 12(3)(c) of the Companies Act 2013.

Regulatory Compliance Requirements

The penalty order relates to the mandatory requirement under the Companies Act for companies to display their CIN in official publications. The Corporate Identity Number serves as a unique identifier for companies and must be prominently displayed in various corporate communications and documents to ensure transparency and regulatory compliance.

Impact Assessment

Sri Ramakrishna Mills has stated that there is no material impact on the company's financial, operational, or other activities due to this penalty. The company has disclosed this information in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which requires listed entities to inform stock exchanges about material events and regulatory actions.

The company, which operates textile mills and has its registered office in Coimbatore, has made this information available on its website www.ramakrishnamills.com as part of its disclosure obligations to shareholders and the investing public.

Sri Ramakrishna Mills (Coimbatore) Ltd has received a penalty order from the Ministry of Corporate Affairs (MCA) for violation of Companies Act provisions related to financial statement disclosures. The company informed BSE about this development through a regulatory filing dated January 13, 2026.

Penalty Details and Violations

The MCA imposed penalties on the company for contravention of Section 134(3)(h) of the Companies Act, 2013. The violation pertains to insufficient disclosure of related party transactions with entity JGOM in the financial statements for the financial year 2016-17.

MCA's Assessment

According to the penalty order, while information about the related party was present in the Balance Sheet and respective Notes to Accounts, the MCA determined that as a listed company, Sri Ramakrishna Mills should have provided complete disclosures in the Related Party Disclosure section of the financial statements. The company's response to the initial notice was deemed unsatisfactory by the regulatory authority.

Timeline and Communication

The company received the MCA's adjudication order via email communication on January 12, 2026, at 4:41 PM. The penalty order was issued under Section 454 of the Companies Act, 2013, specifically addressing the violation of Section 134(8) disclosure requirements.

Impact Assessment

Sri Ramakrishna Mills has stated that the penalty will not materially impact its financial position, operations, or other business activities. The company has made this information available on its website at www.ramakrishnamills.com as part of its disclosure obligations.

Regulatory Compliance

This disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which requires listed companies to inform stock exchanges about material events and regulatory actions. The company provided detailed information as mandated under Schedule III of the Listing Regulations.