Ramco Systems Limited
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
01 / The disclosure
What the company shared
Ramco Systems Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
A question for your research
Check the authority, amount, company response and appeal status. A notice and a final liability are different stages.
Numbers found in document text 4 matches
Automatic text matches, not verified financial metrics. A match may come from a table heading or reporting year. Expand it to inspect the surrounding text and original page.
100%Page 2
Ramco System Inc., Philippines ("RSI") a 100% subsidiary of Ramco Systems Limited, India had received on 10th September 2025 a final assessment notice / formal letter of demand (FAN/FLD) from the Commissioner of Internal Revenue ("CIR") dated 29 th August 2025, relating to the Financial Year 2022 -23, demanding PHP 72.40 Mln.
View source pageRs.0.07Page 2
There was also a demand for Compromise penalty of PHP 45,000 (approximately Rs.0.07 Mln.)
View source pageRs.4.60Page 2
(approximately Rs.4.60 Mln.) including compromise penalty of PHP 20,000 (approximately Rs.0.03 Mln.) as against the original demand mentioned above.
View source pageRs.0.03Page 2
(approximately Rs.4.60 Mln.) including compromise penalty of PHP 20,000 (approximately Rs.0.03 Mln.) as against the original demand mentioned above.
View source pageThe evidence
Read the source excerpts
01SEBI/HO/CFD/PoD2/CIR/P/0155 dated January 30, 2026, we wish to update that we have received the ‘Final Decision’ from the Commissioner of Internal Revenue , Philippines.
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02Ramco System Inc., Philippines ("RSI") a 100% subsidiary of Ramco Systems Limited, India had received on 10th September 2025 a final assessment notice / formal letter of demand (FAN/FLD) from the Commissioner of Internal Revenue ("CIR") dated 29 th August 2025, relating to the Financial Year 2022 -23, demanding PHP 72.40 Mln.
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03There was also a demand for Compromise penalty of PHP 45,000 (approximately Rs.0.07 Mln.)
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04Based on our representation and discussions, we have received on 30 th September 2026, the ‘Final Decision’ dated 29 th September 2026 from the Commissioner of Internal Revenue, dropping almost all major demands, with a final demand for PHP 3 Mln.
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05(approximately Rs.4.60 Mln.) including compromise penalty of PHP 20,000 (approximately Rs.0.03 Mln.) as against the original demand mentioned above.
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Source & verificationView the disclosure trail
- Summary method
- Exchange-provided text; no generated financial figures
- Exchange identifier
- 106804525
- First collected
- 3 Oct 2026, 17:17 IST
- PDF extraction
- extracted · 2 pages read
- Extraction note
- Source excerpts; financial tables have not been validated.
- Document SHA-256
- f4786d64792cdd58fbb71501bb1768ea0d0f93fb7263808c2324d0ba376366ab