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Rane (Madras) Ltd. - Announcement Under Regulation 30(LODR)- Updates On Acquisition

| Updated on July 24, 2019

The Board of directors of the Company at its meeting held July 24, 2019 inter-alia has approved enhancement in investments up to USD 30 million (earlier USD 20 million) in Rane Precision Die Casting Inc., USA (RPDC), Step Down Subsidiary, either directly or through Rane (Madras) International Holdings B V, The Netherlands (RMIH), Wholly Owned Subsidiary of the Company, over the next five years.

Pdf Link: Rane (Madras) Ltd. - Announcement Under Regulation 30(LODR)- Updates On Acquisition

Source : BSE - www.bseindia.com

Published on July 24, 2019

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