Integrated Filing-Governance



General information about company

Scrip Code 532370
NSE Symbol RAMCOSYS
MSEI Symbol NOTLISTED
ISIN INE246B01019
Name of the entity RAMCO SYSTEMS LIMITED
Date of start of financial year 01-Apr-2025
Date of end of financial year 31-Mar-2026
Reporting Quarter Yearly
Date of Quarter Ending 31-Mar-2026
Type of company Equity
Whether Annexure I (Part A) of the SEBI Circular dated December 31, 2024 related to Compliance Report on Corporate Governance is applicable to the entity? Yes
Whether Annexure I (Part B) of the SEBI Circular dated December 31, 2024 related to Investor Grievance Redressal Report is Applicable to the entity? Yes
Whether Annexure I (Part C) of the SEBI Circular dated December 31, 2024 related to Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies is Applicable to the entity? No
Reason For Part C Of Annexure I Disclosure Of Acquisition Of Shares OrVotingRightsInUnlistedCompaniesIsNotApplicableToTheEntity The Company has not acquired any shares or voting rights in any unlisted company during the quarter.
Whether Annexure I (Part D) of the SEBI Circular dated December 31, 2024 related to Disclosure of Imposition of Fine or Penalty is Applicable to the entity? Yes
Whether Annexure I (Part E) of the SEBI Circular dated December 31, 2024 related to Disclosure of Updates to Ongoing Tax Litigations or Disputes is Applicable to the entity? Yes
Whether Annexure I (Part F) of the SEBI Circular dated December 31, 2024 related to Disclosure Of Loans / Guarantees / Comfort Letters / Securities Etc. is Applicable to the entity? No
Reason For Part F Of Annexure I Disclosure Of Loans Or Guarantees Or Comfort Letters Or Securities Etc Is Not Applicable To The Entity Counter Guarantee to Promoter Group Company Rajapalayam Mills Limited, in respect of Corp Guarantee given to customer of the Company was closed w.e.f. September 07, 2025 and same was disclosed in 30th September 2025 Integrated Governance Reporting.
Risk management committee Yes
Market Capitalisation as per immediate previous Financial Year Top 2000 listed entities
Is SCORE ID Available ? Yes
SCORE Registration ID r00067
Reason For No SCORE ID
Type of Submission New
Remarks (website dissemination)



Annexure I
Annexure I to be submitted by listed entity on quarterly basis
I. Composition of Board of Directors
Disclosure of notes on composition of board of directors explanatory
Whether the listed entity has a Regular Chairperson Yes
Whether Chairperson is related to MD or CEO Yes Disqualification of Directors under section 164 of the Companies Act, 2013
Sr Title (Mr / Ms) Name of the Director PAN DIN Category 1 of directors Category 2 of directors Category 3 of directors Date of Birth Whether the director is disqualified? Start Date of disqualification End Date of disqualification Details of disqualification Current status Whether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations] Date of passing special resolution Initial Date of appointment Date of Re-appointment Date of cessation Tenure of director (in months) No of Directorship in listed entities including this listed entity (Refer Regulation 17A of Listing Regulations) No of Independent Directorship in listed entities including this listed entity [with reference to proviso to regulation 17A(1) & 17A(2)] Number of memberships in Audit/ Stakeholder Committee(s) including this listed entity (Refer Regulation 26(1) of Listing Regulations) No of post of Chairperson in Audit/ Stakeholder Committee held in listed entities including this listed entity (Refer Regulation 26(1) of Listing Regulations) Reason for Cessation Notes for not providing PAN Notes for not providing DIN
1 Mr. PUSAPADI RAMASUBRAMANIA RAJA VENKETRAMA RAJA 00331406 Non-Executive - Non Independent Director Chairperson related to Promoter 14-May-1959 No Active NA 19-Feb-1997 13-Aug-2025 5 0 7 4
2 Mr. POOSAPADI VENKETRAMA RAJA ABINAVRAMASUBRAMANIAMRAJA 07273249 Executive Director Not Applicable MD 21-Jul-1993 No Active NA 04-Jun-2017 08-Nov-2024 3 0 1 0
3 Mr. ARRAKUNDAL VELAYUTHA RAJA DHARMAKRISHNAN 00693181 Non-Executive - Non Independent Director Not Applicable 25-Jan-1957 No Active NA 31-Jan-2008 10-Aug-2023 2 0 4 0
4 Mr. SANKAR KRISHNAN 01597033 Non-Executive - Non Independent Director Not Applicable 01-Nov-1967 No Active NA 11-May-2018 21-Aug-2024 1 0 2 0
5 Mr. POSAPADI PERUMAL SUBBA RAJA JANARTHANA RAJA 06702871 Non-Executive - Independent Director Not Applicable 21-Jan-1951 No Active Yes 10-Aug-2023 29-Aug-2018 29-Aug-2023 91.5 2 2 7 4
6 Mr. MAYURAM SWAMINATHAN KRISHNAN 08539017 Non-Executive - Independent Director Not Applicable 20-Jan-1964 No Active NA 07-Feb-2024 14-Mar-2024 25.8 2 2 2 0
7 Mr. ARAVIND SRINIVASAN 00088037 Non-Executive - Independent Director Not Applicable 16-Sep-1969 No Active NA 07-Feb-2024 14-Mar-2024 25.8 2 2 2 0
8 Mrs. CHITRA VENKATARAMAN 07044099 Non-Executive - Independent Director Not Applicable 22-Apr-1952 No Active NA 25-Mar-2025 12.5 3 3 2 0



Annexure 1

II. Composition of Committees
Disclosure of notes on composition of committees explanatory



Audit Committee Details
Whether the Audit Committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 06702871 POSAPADI PERUMAL SUBBA RAJA JANARTHANA RAJA Non-Executive - Independent Director Chairperson 29-Aug-2018
2 00693181 ARRAKUNDAL VELAYUTHA RAJA DHARMAKRISHNAN Non-Executive - Non Independent Director Member 27-Jul-2014
3 01597033 SANKAR KRISHNAN Non-Executive - Non Independent Director Member 22-May-2019
4 08539017 MAYURAM SWAMINATHAN KRISHNAN Non-Executive - Independent Director Member 01-Apr-2024
5 00088037 ARAVIND SRINIVASAN Non-Executive - Independent Director Member 01-Apr-2024
6 07044099 CHITRA VENKATARAMAN Non-Executive - Independent Director Member 27-Mar-2025



Nomination and remuneration committee
Whether the Nomination and remuneration committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 06702871 POSAPADI PERUMAL SUBBA RAJA JANARTHANA RAJA Non-Executive - Independent Director Chairperson 22-May-2019
2 00693181 ARRAKUNDAL VELAYUTHA RAJA DHARMAKRISHNAN Non-Executive - Non Independent Director Member 01-Apr-2024
3 00088037 ARAVIND SRINIVASAN Non-Executive - Independent Director Member 01-Apr-2024



Stakeholders Relationship Committee
Whether the Stakeholders Relationship Committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 00331406 PUSAPADI RAMASUBRAMANIA RAJA VENKETRAMA RAJA Non-Executive - Non Independent Director Chairperson 09-Mar-2000
2 00693181 ARRAKUNDAL VELAYUTHA RAJA DHARMAKRISHNAN Non-Executive - Non Independent Director Member 27-Jul-2014
3 07273249 POOSAPADI VENKETRAMA RAJA ABINAVRAMASUBRAMANIAMRAJA Executive Director Member 11-May-2018
4 06702871 POSAPADI PERUMAL SUBBA RAJA JANARTHANA RAJA Non-Executive - Independent Director Member 29-Aug-2018



Risk Management Committee
Whether the Risk Management Committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 00331406 PUSAPADI RAMASUBRAMANIA RAJA VENKETRAMA RAJA NED Chairperson 28-Jul-2021
2 07273249 POOSAPADI VENKETRAMA RAJA ABINAVRAMASUBRAMANIAMRAJA ED Member 01-Apr-2024
3 08539017 MAYURAM SWAMINATHAN KRISHNAN ID Member 01-Apr-2024
4 00693181 ARRAKUNDAL VELAYUTHA RAJA DHARMAKRISHNAN NED Member 28-Jul-2021
5 99999999 R RAVI KULA CHANDRAN Chief Financial Office Member 28-Jul-2021 Textual Information(1)
6 99999999 RAGHUVEER SANDESH BILAGI Chief Operating Office Member 28-Jul-2021 Textual Information(2)



Text Block
Textual Information(1) Since he does not hold any Directorships in any of the Companies India, DIN has not been obtained. He has been inducted as a Member of the Risk Management Committee, being a senior executive of the Company.
Textual Information(2) Since he does not hold any Directorships in any of the Companies India, DIN has not been obtained. He has been inducted as a Member of the Risk Management Committee, being a senior executive of the Company.



Annexure 1
III. Meeting of Board of Directors
Disclosure of notes on meeting of board of directors explanatory
Sr Date(s) of meeting (Enter dates of Previous quarter and Current quarter in chronological order) Maximum gap between any two consecutive (in number of days) Notes for not providing Date Whether requirement of Quorum met (Yes/No) Total Number of Directors as on date of the meeting Number of Directors present* (All directors including Independent Director) No. of Independent Directors attending the meeting*
1 04-Nov-2025 Yes 8 8 4
2 28-Jan-2026 84 Yes 8 7 3



Annexure 1
IV. Meeting of Committees
Disclosure of notes on meeting of committees explanatory
Sr Name of Committee Date(s) of meeting (Enter dates of Previous quarter and Current quarter in chronological order) Maximum gap between any two consecutive (in number of days) Name of other committee Reson for not providing date Whether requirement of Quorum met (Yes/No) Total Number of Directors in the Committee as on date of the meeting Number of Directors Present (All Directors including Independent Director) No. of Independent Directors attending the meeting* No. of members attending the meeting (other than Board of Directors)
1 Audit Committee 04-Nov-2025 Yes 6 6 4 0
2 Audit Committee 28-Jan-2026 84 Yes 6 5 3 0
3 Stakeholders Relationship Committee 28-Jan-2026 Yes 4 4 1 0
4 Stakeholders Relationship Committee 11-Mar-2026 41 Yes 4 4 1 0
5 Risk Management Committee 11-Mar-2026 Yes 6 4 1 2



Annexure 1
VI. Affirmations
Sr Subject Compliance status (Yes/No)
1 The composition of Board of Directors is in terms of SEBI (Listing obligations and disclosure requirements) Regulations, 2015 Yes
2 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015 a. Audit Committee Yes
3 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. b. Nomination & remuneration committee Yes
4 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. c. Stakeholders relationship committee Yes
5 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. d. Risk management committee (applicable to the top 1000 listed entities) Yes
6 The committee members have been made aware of their powers, role and responsibilities as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015. Yes
7 The meetings of the board of directors and the above committees have been conducted in the manner as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015 Yes
8 This report and/or the report submitted in the previous quarter has been placed before Board of Directors. Yes
9 Any comments/observations/advice of Board of Directors may be mentioned here: i. Report submitted for the previous quarter ended 31.12.2025 was placed before the Board of Directors at its Meeting held on 28.01.2026 and there were no specific comments observations advice from the Board. ii. This report will be placed at the forthcoming meeting of the Board of Directors. Any comments observations advice of Board of Directors will be incorporated in the subsequent compliance.



Annexure 1
Sr Subject Compliance status
1 Name of signatory Mithun V
2 Designation Company Secretary and Compliance Officer



Details of Cyber security incidence
Whether as per Regulation 27(2)(ba) of SEBI (LODR) Regulations, 2015 there has been cyber security incidents or breaches or loss of data or documents during the quarter No
Other details of cyber security incidence or breaches or loss of data event
Number of cyber security incidence or breaches or loss of data event occurred during the quarter
Sr Date of the event Brief details of the event



Annexure II to be submitted by listed entity at the end of the financial year (for the whole of financial year)
I. Disclosure on website in terms of LODR Regulation
Sr Item Compliance status (Yes/No/NA) If status is No details of non-compliance may be given here. Web address
1.1 Details of business Yes https://www.ramco.com/
1.2 Memorandum of Association and Articles of Association Yes https://www.ramco.com/hubfs/investor-relations/MOA-AOA.pdf
1.3 Brief profile of board of directors including directorship and full time positions in body corporates Yes https://www.ramco.com/investors/corporate-governance
2 Terms and conditions of appointment of independent directors Yes https://f.hubspotusercontent20.net/hubfs/494075/independent-directors-terms-of-appointment.pdf
3 Composition of various committees of board of directors Yes https://www.ramco.com/investors/corporate-governance#BoardCommittees
4 Code of conduct of board of directors and senior management personnel Yes https://www.ramco.com/hubfs/494075/PDF%20Download%20URL/Code%20of%20Conduct%20and%20Business%20Ethics/code-of-conduct-business-ethics.pdf
5 Details of establishment of vigil mechanism or whistle blower policy Yes https://www.ramco.com/hubfs/494075/PDF%20Download%20URL/Whistle%20Blower%20Policy/ramco-whistle-blower-policy.pdf
6 Criteria of making payments to non-executive directors Yes https://www.ramco.com/hubfs/494075/PDF%20Download%20URL/Nomination%20and%20Remuneration%20Policy/ramco-nomination-and-remuneration-policy.pdf
7 Policy on dealing with related party transactions Yes https://www.ramco.com/hubfs/494075/PDF%20Download%20URL/Related%20Party%20Transaction%20Policy/ramco-related-party-transaction-policy.pdf
8 Policy for determining material subsidiaries Yes https://www.ramco.com/hubfs/494075/PDF%20Download%20URL/Material%20Subsidiary%20Policy/ramco-material-subsidiary-policy.pdf
9 Details of familiarization programmes imparted to independent directors Yes https://www.ramco.com/hubfs/DIRECTORS-FAMILIARISATION-PROGRAMME.pdf
10 Contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievances Yes https://www.ramco.com/investor-relations/corporate-governance/investor-grievances-contact-details
11 Email address for grievance redressal and other relevant details Yes https://www.ramco.com/investor-relations/disclosure-of-events/announcements#ShareholderGrievanceRedressal
12 Financial results Yes https://www.ramco.com/investor-relations/financial-results
13 Shareholding pattern Yes https://www.ramco.com/investor-relations/investor-information/shareholding-pattern/
14 Details of agreements entered into with the media companies and/or their associates Yes https://www.ramco.com/investor-information#AgreementwithMediaCompanies
15.1 Schedule of analyst or institutional investor meet and presentation prepared by listed entity for analyst or institutional investor meet Yes https://www.ramco.com/investors/investor-interaction#GistofInvestorCall
15.2 Audio or video recordings and transcripts of post earnings/quarterly calls Yes https://www.ramco.com/investor-information#MeetingRecordings https://www.ramco.com/investors/investor-interaction
16 New name and the old name of the listed entity NA
17 Advertisements as per regulation 47 (1) Yes https://www.ramco.com/investor-relations/investor-information/newspaper-publication/
18 Credit rating or revision in credit rating obtained Yes https://www.ramco.com/investor-relations/disclosure-of-events/announcements#IntimationOutcome
19 Separate audited financial statements of each subsidiary of the listed entity Yes https://www.ramco.com/investor-relations/annual-reports#SubsidiaryFinancials
20 Secretarial compliance report Yes https://www.ramco.com/investor-relations/investor-information/annual-secretarial-compliance
21 Materiality policy as per regulation 30 (4) Yes https://www.ramco.com/hubfs/494075/PDF%20Download%20URL/Policy%20on%20Disclosure%20of%20Material%20Events%20and%20Information/Policy-on-Disclosure-of-Material-Events-and-Information.pdf
22 Disclosure of contact details of KMP who are authorized for the purpose of determining materiality as required under regulation 30(5) Yes https://www.ramco.com/hubfs/investor-relations/Authorisation-For-Determination-Of-Materiality.pdf
23 Disclosures under regulation 30(8) Yes https://www.ramco.com/investor-relations/disclosure-of-events/announcements#IntimationOutcome
24 Statements of deviation(s) or variations(s) as specified in regulation 32 Yes https://www.ramco.com/investor-relations/statements-of-deviations-or-variations-as-specified-in-regulation-32
25 Dividend distribution policy as specified in regulation 43A (1) Yes https://www.ramco.com/hubfs/494075/PDF%20Download%20URL/Dividend%20Distribution%20Policy/DIVIDEND-DISTRIBUTION-POLICY.pdf
26.1 Annual return as provided under section 92 of the Companies Act 2013 Yes https://www.ramco.com/investor-relations/investor-information/annual-return/
26.2 Employee benefit scheme documents framed in terms of SEBI (SBEB) regulations 2021
27 Confirmation that the above disclosures are in a separate section as specified in regulation 46(2) Yes https://www.ramco.com/investor-relations/information-under-regulation-46-of-sebi
28 Compliance with regulation 46(3) with respect to accuracy of disclosures on the website and timely updation Yes Yes
29 Disclosure of notes on website in terms of Listing Regulations explanatory


Annexure II
II. Annual Affirmations
Sr Particulars Regulation Number Compliance status (Yes/No/NA) If status is No details of non-compliance may be given here.
1 Independent director(s) have been appointed in terms of specified criteria of independence and/or eligibility 16(1)(b) Yes
2 Board Composition 17(1), 17(1A) & 17(1C), 17(1D) & 17(1E) Yes
3 Meeting Of Board Of Directors 17(2) Yes
4 Quorum of board meeting 17(2A) Yes
5 Review of Compliance Reports 17(3) Yes
6 Plans for orderly succession for appointments 17(4) Yes
7 Code of Conduct 17(5) Yes
8 Fees/compensation 17(6) Yes
9 Minimum Information 17(7) Yes
10 Compliance Certificate 17(8) Yes
11 Risk Assessment & Management 17(9) Yes
12 Performance Evaluation of Independent Directors 17(10) Yes
13 Recommendation of Board 17(11) Yes
14 Maximum number of Directorships 17A Yes
15 Composition of Audit Committee 18(1) Yes
16 Meeting of Audit Committee 18(2) Yes
17 Role of Audit Committee and information to be reviewed by the audit committee 18(3) Yes
18 Composition of nomination & remuneration committee 19(1) & (2) Yes
19 Quorum of Nomination and Remuneration Committee meeting 19(2A) Yes
20 Meeting of Nomination and Remuneration Committee 19(3A) Yes
21 Role of Nomination and Remuneration Committee 19(4) Yes
22 Composition of Stakeholder Relationship Committee 20(1), 20(2) & 20(2A) Yes
23 Meeting of Stakeholders Relationship Committee 20(3A) Yes
24 Role of Stakeholders Relationship Committee 20(4) Yes
25 Composition and role of risk management committee 21(1),(2),(3),(4) Yes
26 Meeting of Risk Management Committee 21(3A) Yes
27 Quorum of Risk Management Committee meeting 21(3B) Yes
28 Gap between the meetings of the Risk Management Committee 21(3C) Yes
29 Vigil Mechanism 22 Yes
30 Policy for related party Transaction 23(1), (1A), (5), (6), & (8) Yes
31 Prior or Omnibus approval of Audit Committee for all related party transactions 23(2), (3) Yes
32 Approval for material related party transactions 23(4) NA
33 Disclosure of related party transactions on consolidated basis 23(9) Yes
34 Composition of Board of Directors of unlisted material Subsidiary 24(1) Yes
35 Other Corporate Governance requirements with respect to subsidiary of listed entity 24(2),(3),(4),(5) & (6) Yes
36 Alternate Director to Independent Director 25(1) NA
37 Maximum Tenure 25(2) Yes
38 Appointment, Re-appointment or removal of an Independent Director through special resolution or the alternate mechanism 25(2A) Yes
39 Meeting of independent directors 25(3) & (4) Yes
40 Familiarization of independent directors 25(7) Yes
41 Declaration from Independent Director 25(8) & (9) Yes
42 Directors and Officers insurance 25(10) Yes
43 Confirmation with respect to appointment of Independent Directors who resigned from the listed entity 25(11) NA
44 Memberships in Committees 26(1) Yes
45 Affirmation with compliance to code of conduct from members of Board of Directors and Senior management personnel 26(3) Yes
46 Policy with respect to Obligations of directors and senior management 26(2) & 26(5) Yes
47 Approval of the Board and shareholders for compensation or profit sharing in connection with dealings in the securities of the listed entity 26(6) NA
48 Vacancies in respect Key Managerial Personnel 26A(1) & 26A(2), 26A(3) NA
Any other information to be provided - Add Notes



Annexure II
III. Affirmations
Sr Particulars Compliance status (Yes/No/NA)
1 The Listed Entity has approved Material Subsidiary Policy and the Corporate Governance requirements with respect to subsidiary of Listed Entity have been complied Yes
Any other information to be provided



Annexure II
1 Name of signatory Mithun V
2 Designation Company Secretary and Compliance Officer



Additional Half yearly Disclosure
Any Other Information for Disclosure of Loans / Guarantees / Comfort Letters / Securities Etc.
I. Disclosure of Loans/ guarantees/comfort letters /securities etc.refer note below
(A)Any loan or any other form of debt advanced by the listed entity directly or indirectly to
Entity Aggregate amount advanced during six months Balance outstanding at the end of six months
Promoter or any other entity controlled by them
Promoter Group or any other entity controlled by them
Directors (including relatives) or any other entity controlled by them
KMPs or any other entity controlled by them
(B) Any guarantee / comfort letter (by whatever name called) provided by the listed entity directly or indirectly, in connection with any loan(s) or any other form of debt availed By
Entity Type (guarantee, comfort letter etc.) Aggregate amount of issuance during six months Balance outstanding at the end of six months(taking into account any invocation)
Promoter or any other entity controlled by them
Promoter Group or any other entity controlled by them
Directors (including relatives) or any other entity controlled by them
KMPs or any other entity controlled by them
(C) Any security provided by the listed entity directly or indirectly, in connection with any loan(s) or any other form of debt availed by
Entity Type of security (cash, shares etc.) Aggregate value of security provided during six months Balance outstanding at the end of six months
Promoter or any other entity controlled by them
Promoter Group or any other entity controlled by them
Directors (including relatives) or any other entity controlled by them
KMPs or any other entity controlled by them
(D) Additional Information
II. Affirmations
Affirmations Compliance Status Company Remarks
All loans (or other form of debt), guarantees, comfort letters (by whatever name called) or securities in connection with any loan(s) (or other form of debt) given directly or indirectly by the listed entity to promoter(s), promoter group, director(s) (including their relatives), key managerial personnel (including their relatives) or any entity controlled by them are in the economic interest of the company. $intratedCg.get("CG_YN_$!integratedFillingMasterDto.cgMasterVO.anx4aAffirmComplStatus")
Name
Designation
Place
Date



Signatory Details
Name of signatory Mithun V
Designation of person Company Secretary and Compliance Officer
Place Chennai
Date 28-Apr-2026


Investor Grievance Details
No. of investor complaints pending at the beginning of Quarter 0
No. of investor complaints received during the Quarter 0
No. of investor complaints disposed off during the Quarter 0
No. of investor complaints those remaining unresolved at the end of the Quarter 0


Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies-
The details of acquisition of shares or voting rights in unlisted companies during the quarter in terms of sub-para 1 of para A of Part A of Schedule III are given below
Any Other Information for Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies
Sr. No. Name of the unlisted company in which shares or voting rights have been acquired Date of acquisition Aggregate holding (% shares or voting rights) as at the end of the previous quarter % shares or voting rights acquired during the quarter Aggregate holding (% shares or voting rights) as at the end of the quarter


Disclosure of Imposition of Fine or Penalty
The details of imposition of fine or penalty during the quarter in terms of sub-para 20 of para A of Part A of Schedule III are given below:
Any Other Information for Disclosure of Imposition of Fine or Penalty
Sr. No. Name of the authority Nature and details of the action(s) taken or order(s) passed Date of receipt of direction or order, including any ad interim or interim orders, or any other communication from the authority Details of the violation(s)/ contravention(s) committed or alleged to be committed Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible
1 Assistant Commissioner of GST & Central Excise, Chennai Adjudication in the matter of wrong availment of CENVAT Credit on ineligible input services 12-Feb-2026 Penalty under proviso to Section 76 of the Finance Act, 1994 read with rule 15(1) of the CENVAT Credit Rule, 2004 towards wrong availment of CENVAT Credit on ineligible input services Rs. 61,688. Penalty of Rs. 6,169 was paid on 24-02-2026.


Disclosure of Updates to Ongoing Tax Litigations or Disputes
The updates on tax litigations or disputes in terms of sub-para 8 of para B of Part A of Schedule III read with corresponding provisions of Annexure 18 of the Master Circular are given below:

Any Other Information for Disclosure of Updates to Ongoing Tax Litigations or Disputes
Sr. No. Name of the opposing party Date of initiation of the litigation / dispute Status of the litigation / dispute as per last disclosure Current status of the litigation / dispute
1 Income Tax Department / Ministry of Finance / CBDT 09-Feb-2021 AY 2018-19 & AY 2019-20 - Same is still pending before the Honourable High Court of Madras. Further for AY 2018-19, Appeal was filed before ITAT on 09-08-2024 against the CIT order u/s 250 , relating to denial of MAT credit u/s 115JAA amounting to Rs. 9.78 Crs. ITAT had vide its order dated 11-11-24, blocked the appeal for 4 months, awaiting the decision of the Hon'ble High Court. Further heard the appeal on 09-04-2025 and blocked the hearing for further 6 months. The case is yet to be taken up for hearing by the Honourable High Court of Madras. The Company had filed a petition with ITAT to withdraw the appeal relating to AY 2018-19 and ITAT accepted our petition and dismissed the appeal on 27-02-2026.
2 Income Tax Department 09-Aug-2024 AY 2020-21 - AO passed an order u/s 143(3) and raised a demand of Rs. 4.47 Crs against the Company, mainly on account of denial of relief u/s 90/91 and omission to give effect to brought forward losses. Appeal was filed before ITAT on 09/08/2024 against the above issues, as well as denial of MAT credit u/s115JAA. In view of the MAT credit matter pending with High Court for earlier years, adjourment was sought for 4 months on 26/11/24 . The case is yet to be taken up for hearing by the ITAT. _________________________________________ Further to the above, the Company has also re-filed the a petition for rectification through the e-filing portal with the Assessing Officer on 06/03/2025 _________________________________________ AO passed rectification order u/s 154 dated 10/06/2025 granting the relief u/s 90/91 and giving effect to brought forward losses. Consequently, the Company has filed a petition for withdrawl of these grounds with ITAT on 21/07/2025 The Company had filed a petition with ITAT to withdraw the appeal relating to AY 2020-21 relating to the MAT credit u/s 115JAA and ITAT accepted our petition and dismissed the appeal in relation to this matter. This was done to facilitate ITAT to consider other matters in the appeal. Accordingly, ITAT passed an order dated 11-03-2026 directing the AO to delete the TP adjustment made on guarantee fee and the adjustment of interest on overdue receivables from AEs.
3 Income Tax Department 03-Apr-2026 AY 2023-24 - The Company has received Assessment Order dated 02-03-2026 issued u/s 143(3) r.w.s. 144C(3) r.w.s. 144B of the Income Tax Act, 1961 for AY 2023-24, determining a tax demand of Rs.0.30 Mln. and making transfer pricing adjustments aggregating to Rs.404.11 Mln. Appeal has been filed with CIT (A) on 03-04-2026 and the tax demand of Rs. 0.30 Mln., was also paid under protest, pending disposal of the appeal.
4 Commissioner of Internal Revenue, Philippines 05-Jun-2025 FY 2017-18 - Ramco System Inc., Philippines (RSI) a 100% subsidiary of Ramco Systems Limited, India has received a decision from the Commissioner of Internal Revenue (CIR) dated 29/04/2025, relating to the financial year 2017-18, demanding PHP 60.18 Mln. (approximately Rs.92.89 Mln.), consisting of Income Tax, Value Added Tax, Expanded Withholding Tax, Withholding Tax on Compensation, Documentary Stamp Tax and Final Withholding Tax, and Interest. Petition for review was filed with the Court of Tax Appeals, Quezon City Philippines on 02/07/2025. RSI had gone for mediation with the CIR with the Court appointed mediator at the Philippine Mediation Centre. Pursuant to this, the Company has filed its offer of Compromise setellement for PHP 8 Mln. (approximately Rs. 12.35 Mln.), on 03-03-2026 with the Bureau of Internal Revenue (BIR). The BIR is yet to confirm the acceptance or rejection of RSI's offer.
5 Comissioner of GST and Central Excise 19-May-2025 FY: 2020-21 In the annual scrutiny for the year 2020-21, GST input credit availed on certain input services were determined as ineligible as per Sec. 17 (5) of CGST Act by the GST Authorities, leading to issue of the Order dated 25-02-2025, demanding Rs.11.25 Million towards GST, with applicable interest and Rs.1.13 Million towards penalty Appeal filed by the Company on 19-05-2025, against the said order with Commissioner of GST and Central Excise (Appeals II), was heard on 06-04-2026, Order is awaited.