Rane Group announces acquisition of 3.75% shareholding in Rane Engine Valve Limited  [ India ]

Rane Holding Limited announced that it has acquired a further 3.75 % shareholding in M/s. Rane Engine Valve Limited for a paid-up capital of INR 67.2 million. The shareholding of the Company in REVL has increased by 3.75%. Post-acquisition, the Company holds 54.82% in REVL. This is part of RHL's strategic initiative to consolidate shareholding in the subsidiary company. REVL manufactures engine...
<Aug 28, 2018>