Ram Ratna Wires (RAMRAT) — Board Meeting

📢 Key Event
GST demand notice received from DGGI Surat

🔄 What Changed
Notice received for FY 2020-21 to 2023-24; potential GST liability of INR 29.23 Crores

🔮 What's Next
Company will file detailed rebuttals within prescribed timeline

Ram Ratna Wires received a Show Cause-cum-Demand Notice from DGGI Surat on August 27, 2026, alleging GST demand of INR 29.23 Crores plus interest and penalty for FY 2020-21 to 2023-24. The company states it is evaluating the notice, will submit rebuttals within the prescribed timeline, and currently sees no material impact on financials or operations. The notice relates to GST compliance under Section 74(1) and Section 122(1)(ii) of CGST/SGST/IGST Acts.

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About Ram Ratna Wires Ltd (RAMRAT)

Metals & Mining · Non Ferrous Metals · Listed on BSE

Market Cap: ₹5,001.64 Cr P/E: 33.8 ROE: 22.1% ROCE: 22.4% Div Yield: 0.47%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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