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BSE SENSEX
85,836.12
+666.25
+0.78 %
Corporate Announcement
Security Code
505800
Company
RANE HOLDINGS LTD.
Exchange Received Time
19/09/2024 18:52:15
Exchange Disseminated Time
19/09/2024 18:52:15
Time Taken
00:00:00
Announcement under Regulation 30 (LODR)-Updates on Acquisition |
9/19/2024 6:52:15 PM
This is to inform you that the Company has on September 19, 2024 acquired from NSK Ltd., Japan, the entire balance 51% stake in the joint venture company viz., M/s. Rane NSK Steering Systems Private Limited (''RNSS''). Pursuant to the acquisition, RNSS has become a Wholly Owned Subsidiary (100%) of the Company and would be renamed as ''Rane Steering Systems Private Limited''.
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