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    ALPHA TRIBE

    Rane (Madras) Limited — Important, 30-06-2026: Agreements

    30-06-2026 | 07:35 pm

    Rane (Madras) acquires Hindustan Composites' friction business for 370 Cr cash, including the "COMPO" brand. This deal creates India's leading ₹1,000+ Cr friction materials platform, establishing RML as market leader and unlocking major operational synergies.

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