Rane Holdings Acquisition Worth ₹80.85 Cr
Rane Holdings completed Rs 80.85 crore further investment in joint venture ZF Lifetec Rane Automotive. Its 49% stake stays unchanged after subscribing 5,15,954 shares.
- Value
- ₹80.85 Cr
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39 announcements
Rane Holdings completed Rs 80.85 crore further investment in joint venture ZF Lifetec Rane Automotive. Its 49% stake stays unchanged after subscribing 5,15,954 shares.
Rane Holdings took up 5,15,954 rights shares in its 49%-owned JV, ZF LIFETEC Rane Automotive. No consideration is disclosed, and its stake stays at 49%.
Rane Holdings approved a RS80.85 Crore subscription to its joint venture ZF LIFETEC Rane Automotive's rights issue. RHL retains 49% post-investment, funding the JV's capex.
CRISIL Ratings has assigned 'CRISIL AA-/Stable' for long-term and 'CRISIL A1+' for short-term debt facilities of Rane Holdings Limited. This action confirms the current credit assessment.
Rane Holdings Ltd has filed its quarterly shareholding pattern for the period ended September 30, 2026, as required under SEBI regulations.
Rane Holdings' subsidiary Rane Steering Systems received a GST order dropping a tax demand of ₹10.07 Crore. The proceedings are concluded in the company's favor.
Promoter Meenakshi Ganesh acquired 1,348 shares of Rane Holdings Limited through share transmission. The promoter's stake increased by 0.01%.
Rane Holdings Ltd has scheduled a board meeting on November 12, 2026, to consider and approve its unaudited financial results for the quarter ending September 30, 2026.
Rane Holdings reported that its subsidiary, Rane Steering Systems, received a GST Show Cause Notice aggregating to ₹57.12 Crore for the financial year 2022-23.
Rane Holdings' subsidiary RSSL received a GST show cause notice regarding ineligible ITC claims. The expected financial implication is Rs. 10.07 Crore, including a Rs. 0.92 Crore penalty.
Rane Holdings Limited received an ESG rating of 'Crisil ESG 65' from Crisil ESG Ratings & Analytics Limited, categorized as 'Strong'.
Rane Holdings reported Q1 FY27 consolidated revenue of Rs 1,596.9 Cr, up 18.7% YoY. EBITDA margins compressed by 59 bps to 7.3%.
Rane Holdings Limited held its 90th Annual General Meeting on August 13, 2026. The meeting concluded with the adoption of financial statements and other proposed resolutions.
Rane Holdings submitted its Audit Committee monitoring agency report for the quarter ended June 30, 2026, regarding warrant issue proceeds utilization.
Rane Holdings Ltd reported revenue from operations of ₹1,587 Cr (+18.4% YoY) and net profit of ₹48.3 Cr (-16.0% YoY) for Q1 FY27.
Rane Holdings Limited allotted 338,030 convertible warrants to promoter group members. Warrants were issued at a subscription price of ₹295.83 each.
Rane Holdings received in-principle approval from stock exchanges for the preferential issue of 3,38,030 warrants to promoters, valued at approximately ₹40 Crore.
Rane Holdings announced a change in litigation status for its subsidiary, Rane Steering Systems, regarding a TNGST Act appeal. The authority has partially modified the earlier GST order.
Rane Holdings' subsidiary received a tax order under the TNGST Act. The total financial implication is ₹7.46 Crore, including a penalty of ₹0.38 Crore.
Rane Holdings reported that its subsidiary received a GST show-cause notice for ₹11.88 Crore, including a ₹1.07 Crore penalty, regarding FY 2022-23 tax discrepancies.
Rane Holdings Limited has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26. This regulatory filing details the company's sustainability governance practices.
Rane Holdings Limited has filed its Annual Report for FY 2025-26 and notice for the 90th Annual General Meeting scheduled for August 13, 2026.
Rane Holdings Limited has issued a notice for its 90th Annual General Meeting scheduled for August 13, 2026. The meeting will be held via video conferencing.
Rane Holdings scheduled a board meeting for August 13, 2026. The board will consider unaudited financial results for the quarter ending June 30, 2026.
Rane Holdings held its EGM on June 12, 2026, passing a special resolution on preferential warrant issue. The meeting concluded with requisite quorum and majority approval.
CRISIL reaffirmed 'Crisil A-/Stable' rating on Rane Steering Systems' Rs.330 Crore bank facilities. The stable outlook indicates sustained credit quality for the subsidiary.
Rane Steering Systems will acquire a 26% stake in Hexa Energy for Rs.0.78 Crore. The investment secures captive solar power for its Bawal plant.
Rane Holdings announced an inter-se transfer of 52,000 equity shares valued at ₹7.51 Crore among its promoter group members. This internal reshuffling leaves overall promoter control unchanged.
Rane Holdings Limited announced the superannuation of its Company Secretary, Mr. Siva Chandrasekaran, effective May 31, 2026. This marks the conclusion of his 23-year tenure.
Rane Holdings Limited submitted its Annual Secretarial Compliance Report for the fiscal year ended March 31, 2026. The report confirms adherence to SEBI listing and disclosure regulations.