Ramco (RAMCOIND) — Announcement

Ramco Industries received an Income Tax Department order on 26 March 2026 imposing a penalty of ₹23.79 lakhs for Assessment Year 2017-18. The penalty, levied under Section 270A of the Income Tax Act, stems from a difference in interpretation regarding Section 14A disallowance. The company intends to appeal the order, limiting immediate financial impact uncertainty.

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About Ramco Industries Limited (RAMCOIND)

Construction Materials · Cement - Products · Listed on NSE

Market Cap: ₹2,848.84 Cr P/E: 8.7 ROE: 3.7% ROCE: 5.6% Div Yield: 0.38%

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