RATNAMANI METALS & TUBES LTD. - Intimation Of Search Operations By The Income Tax Department During The Period From November 23, 2021 To November 27, 2021

We would like to inform you that the Search Operations were carried out by the Income Tax Department at the RO, CO, Branch Offices & Plants of Company during the period from Nov 23, 2021 to Nov 27, 2021. Further, during the search operations as a responsible Co. all the concerned employees/staff of the Co. extended their full co-operation to the Income Tax Officials and provided all the information/documents, sought for. We do not foresee any material impact on the Co's current or future business operations. Further, as an organization, the Co. continues to conform to the highest standards of corporate governance, as demonstrated in the past. This letter is being provided to the SEs in order to put to rest any speculative or baseless information circulating without the endorsement of the Com. As a responsible listed entity, the Company shall keep the public, investors and the authorities updated in the matter, if required, as per the applicable provisions of the SEBI (LODR) Reg. 2015.