Rane Group increases its shareholding in Rane Madras Limited  [ India ]

Rane Holdings Limited informed that the shareholding of the Company in Rane (Madras) Limited (RML) has increased by 3.05% to 61.64%. The move will help RML to meet its long term financial requirements towards capital expenditure, working capital and to maintain its debt - equity ratio. Rane Holdings has paid cash aggregating to INR 199.9 million for this transaction. Rane Holdings Limited (RHL)...
<Dec 28, 2018>