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Nisshinbo Holdings, Japan acquires 6.06% stake in Rane (Madras), India after amalgamation

Nisshinbo Holdings Inc. of Japan authorized Rane Holdings Limited to submit a report to SEBI for acquiring 1.675 million shares (6.06%) in Rane (Madras) Limited.
The stake was acquired as part of the amalgamation of Rane Engine Valve Limited and Rane Brake Lining Limited into Rane (Madras) Limited. The share allotme....

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