Rane Holdings Limited — JV/Acquisition, 02-02-2026: Acquisition

Rane Holdings (RHL) has formalized its 49% stake in ZF Lifetec Rane Automotive India (ZLRAI). This follows a demerger where ZLRAI took over the occupant safety business, including seat belts and airbags, from an existing RHL joint venture. RHL received new shares in ZLRAI, maintaining its significant interest. This strategic move sharpens RHL's focus within the auto components sector, specifically in critical occupant safety systems. The company ensures its continued involvement in a vital, specialized segment of the automotive industry.