Rane Holdings LTD

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BSE Code: 505800       NSE Code: RANEHOLDIN

Business Profile
Business Profile
Rane Holdings (RANEHOLD) is the holding company of the Rane group of companies. The company was formed as the result of a restructuring exercise carried out by the Rane group in 2004-2005 with the objective of consolidating investments and progressively eliminating cross holdings among group companies.

The company has investments exclusively in the group companies. It owns the trademark in Rane and provides a range of services to group companies including employee training and development, investor services, business development and Information systems support. The company has successfully implemented ERP across all the companies of the Rane group.

The registered office is located at Maithri, 132, Cathedral Road, Chennai-600086.

Financials
Rane Holdings registered a profit of Rs 6.57 million for the quarter ended September 2007.
Total income was Rs 60.33 million for the quarter ended September 2007.
The diluted earnings per share (EPS) of the company stood at Rs 0.67 for the quarter ended September 2007.

Recent Developments
03-SEP-07
Private equity firm Blue River Capital has bought 10.22% stake in Rane Holdings (RHL), the holding company of Chennai-based auto component manufacturer, Rane Group. Blue River through its Mauritius-based investment company acquired the stake through secondary market operation.

08-JUN-07
Several acquirers and PACs acquired 1,956,263 (20%) shares via an open offer to the shareholders.

Other Information
Annual Reports for Rane Holdings LTD
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2024-25
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1996-97

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