The Ramco Cements Limited has informed the Exchange about General Updates - Update on Ongoing Litigations.
RAMCOCEM · price
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The Ramco Cements Limited has received a favourable order dated 15 May 2026, dropping a disputed excise duty levy of Rs. 66.65 crores that was pending before the Original Authority. The duty was assessed based on Maximum Retail Price (MRP) for bagged cement. The company received confirmation of the order on 18 May 2026. Additional disputes of a similar nature with statutory authorities currently stand at Rs. 1.60 crores, down significantly from the earlier larger exposure.
A positive development for the company as a major contingent liability of Rs. 66.65 crore has been removed, which could improve earnings visibility and strengthen the balance sheet.