Rane Holdings Limited — Board Meeting, 12-08-2025: Outcome of Board Meeting
12-08-2025 | 01:24 pm
12-08-2025 | 01:24 pm
Rane Holdings' board approved its Q1 FY25 consolidated financial results. Revenue from operations hit Rs 1,340.82 Cr, with profit attributable to owners at Rs 50.78 Cr (EPS: Rs 35.57).
Strategically, the board approved a Rs 50 Cr investment in its wholly-owned subsidiary RSSL via rights issue. Another key move saw subsidiary RML secure a deal to sell 3.48 acres of land for Rs 361.18 Cr, with Rs 100 Cr already received as advance. The company is also progressing with the amalgamation of Rane Engine Valve & Rane Brake Lining into RML and a demerger scheme for ZF Rane Automotive India, streamlining operations.
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