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Rane Group, India increases stakes in Rane Brake Lining
Rane Holdings Limited (RHL) announced that it has acquired 180,000 equity shares in its subsidiary Rane Brake Lining Limited (RBL) through open market purchase. The aggregate equity shareholding of RHL in RBL post this acquisition stands increased from 47.7% to 50.03%. (From a press release on March 16, 2022)
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