Rane Holdings, India invests INR 500 million in its subsidiary Rane Steering Systems
On August 19, 2025, Rane Holdings Limited invested INR 500 million in its wholly owned subsidiary, Rane Steering Systems Private Limited (RSSL), by subscribing to 2 million new shares at INR 250 each (including a premium of INR 240/share). This increased RSSL’s paid-up share capital from INR 179 million to INR 199 mi