Rane Holdings Legal & Regulatory
Rane Holdings' subsidiary RSSL received a GST show cause notice regarding ineligible ITC claims. The expected financial implication is Rs. 10.07 Crore, including a Rs. 0.92 Crore penalty.
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Rane Holdings' subsidiary RSSL received a GST show cause notice regarding ineligible ITC claims. The expected financial implication is Rs. 10.07 Crore, including a Rs. 0.92 Crore penalty.
Rane Holdings Limited received an ESG rating of 'Crisil ESG 65' from Crisil ESG Ratings & Analytics Limited, categorized as 'Strong'.
Rane Holdings reported Q1 FY27 consolidated revenue of Rs 1,596.9 Cr, up 18.7% YoY. EBITDA margins compressed by 59 bps to 7.3%.
Rane Holdings Limited held its 90th Annual General Meeting on August 13, 2026. The meeting concluded with the adoption of financial statements and other proposed resolutions.
Rane Holdings submitted its Audit Committee monitoring agency report for the quarter ended June 30, 2026, regarding warrant issue proceeds utilization.
Rane Holdings Ltd reported revenue from operations of ₹1,587 Cr (+18.4% YoY) and net profit of ₹48.3 Cr (-16.0% YoY) for Q1 FY27.
Rane Holdings Limited allotted 338,030 convertible warrants to promoter group members. Warrants were issued at a subscription price of ₹295.83 each.
Rane Holdings received in-principle approval from stock exchanges for the preferential issue of 3,38,030 warrants to promoters, valued at approximately ₹40 Crore.
Rane Holdings announced a change in litigation status for its subsidiary, Rane Steering Systems, regarding a TNGST Act appeal. The authority has partially modified the earlier GST order.
Rane Holdings' subsidiary received a tax order under the TNGST Act. The total financial implication is ₹7.46 Crore, including a penalty of ₹0.38 Crore.
Rane Holdings reported that its subsidiary received a GST show-cause notice for ₹11.88 Crore, including a ₹1.07 Crore penalty, regarding FY 2022-23 tax discrepancies.
Rane Holdings Limited has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26. This regulatory filing details the company's sustainability governance practices.
Rane Holdings Limited has filed its Annual Report for FY 2025-26 and notice for the 90th Annual General Meeting scheduled for August 13, 2026.
Rane Holdings Limited has issued a notice for its 90th Annual General Meeting scheduled for August 13, 2026. The meeting will be held via video conferencing.
Rane Holdings scheduled a board meeting for August 13, 2026. The board will consider unaudited financial results for the quarter ending June 30, 2026.
Rane Holdings held its EGM on June 12, 2026, passing a special resolution on preferential warrant issue. The meeting concluded with requisite quorum and majority approval.
CRISIL reaffirmed 'Crisil A-/Stable' rating on Rane Steering Systems' Rs.330 Crore bank facilities. The stable outlook indicates sustained credit quality for the subsidiary.
Rane Steering Systems will acquire a 26% stake in Hexa Energy for Rs.0.78 Crore. The investment secures captive solar power for its Bawal plant.
Rane Holdings announced an inter-se transfer of 52,000 equity shares valued at ₹7.51 Crore among its promoter group members. This internal reshuffling leaves overall promoter control unchanged.
Rane Holdings Limited announced the superannuation of its Company Secretary, Mr. Siva Chandrasekaran, effective May 31, 2026. This marks the conclusion of his 23-year tenure.
Rane Holdings Limited submitted its Annual Secretarial Compliance Report for the fiscal year ended March 31, 2026. The report confirms adherence to SEBI listing and disclosure regulations.
Rane Holdings Q3 FY26 results show consolidation of Rane Steering Systems (RSSL) as a wholly owned subsidiary, with standalone PAT growing 32.6% YoY to ₹8.42 Cr.
Rane Holdings reported mixed standalone performance for Q3 FY26, with consolidated profit significantly impacted by a one-time gain from the RSSL acquisition and land sales totaling ₹21,395 Lakhs.
Rane Holdings Limited convened an EGM for June 12, 2026, to approve a ₹40 Crore preferential warrant issue. Funds will support strategic investments and debt repayment.
Rane Holdings Ltd reported revenue from operations of ₹1,609 Cr (+17.1% YoY) and net profit of ₹87.5 Cr (+647.9% YoY) for Q4 FY26.
Rane Holdings scheduled a board meeting for May 15, 2026. The agenda includes recommending a final dividend and considering a fund-raising proposal via preferential issue.
Rane Holdings subsidiary, RSSL, obtained a stay order from the Madras High Court against an Income Tax Department assessment. The court set aside the prior order and remitted the case back for fresh adjudication. Previously, a penalty of ₹3.63 Crore had been levied under the Income Tax Act.
Rane Holdings Limited's wholly owned subsidiary, Rane Steering Systems Private Limited, appointed Mr. Aditya Ganesh as Director effective April 29, 2026. Mr. Ganesh, a Mechanical Engineering graduate with an MBA from INSEAD, also serves as Executive Director (designate) at Rane (Madras) Limited.
Rane Holdings Limited's subsidiary, RSSL, received a customs order confirming a ₹2.69 Crore differential duty and ₹0.20 Crore in interest/penalties (total ₹2.89 Crore) for the period May 2023 to January 2025. The company intends to contest the order before appropriate authorities.
Rane Holdings Limited submitted its quarterly certificate under SEBI (Depositories and Participants) Regulations for the period ended March 31, 2026. The company confirmed that security certificates received for dematerialization were processed, mutilated, and cancelled as per regulatory timelines. This is a routine administrative compliance update with no direct financial impact.