Ramco Industries Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
RAMCOIND · price
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Ramco Industries has informed exchanges about the outcome of a tax dispute concerning disallowed expenditure under Section 14A of the Income Tax Act for earning exempted dividend income in Assessment Year 2017-18. The Assessing Officer (AO) has issued a 'Giving Effect Order' dated August 12, 2025, implementing the earlier CIT(A) order dated August 31, 2024. Under this order, Section 14A disallowance has been allowed to the extent of Rs. 8.26 Lakhs. The company received this order on August 28, 2025. This is a routine update on an ongoing tax matter originally disclosed in August 2023.
The financial impact is minimal as the disallowance amount of Rs. 8.26 Lakhs is very small relative to the company's size and is already accounted for in pending tax positions. No material effect on share price or shareholder value is expected from this routine tax compliance update.