Rane Holdings Limited — JV/Acquisition, 19-08-2025: Acquisition

Rane Holdings (RHL) has infused Rs. 50 Crores into its wholly-owned subsidiary, Rane Steering Systems (RSSL). This strategic capital injection, involving 20 lakh shares, is aimed at bolstering RSSL's operational capabilities, funding capital expenditures, and unlocking future growth opportunities. RSSL, a key player in the auto component industry manufacturing steering columns, recorded an impressive turnover of Rs. 1,706.33 Crores in FY25. RHL's 100% ownership in RSSL remains unchanged, signalling a strong commitment to its core business.