Rane (Madras) Limited — Board Meeting, 05-08-2026: Outcome of Board Meeting

Rane (Madras) Board approved Q1 FY27 consolidated results: Revenue surged 18.8% to ₹1,050.6 Cr, and PAT soared 62.5% to ₹30.1 Cr. The company is set to acquire Hindustan Composites' Friction Business for ₹370 Cr and secured new business valued at ₹2,040 Cr. The Cost Auditor was also re-appointed.