Rane Engine Valve Limited, a leading manufacturer of Engine Valves, Guides, and Tappets, announced the appointment of Harish Lakshman as Chairman of the Board, with effect from April 1, 2024. He succeeds L Ganesh, who is retiring from the role of Chairman of the Board. According to the company’s exchange filing, “The Board of Directors…
The Board of Directors of Rane (Madras) Limited (RML), Rane Brake Lining Limited (RBL) and Rane Engine Valve Limited (REVL), at their respective meetings held today, have approved the proposed reorganization through a scheme of arrangement which entails merger of RBL and REVL into RML. The merger significantly simplifies the group structure by consolidating listed…
Rane (Madras) Limited, a manufacturer of steering and suspension products and light metal casting components announced that the Board of Directors of the company has approved the acquisition of the Steering Components Business (SCB) of Yagachi Technologies Private Limited (YTPL), a part of Hical Group. SCB manufactures steering and suspension components such as Inner Ball…