Bigul

RANE HOLDINGS LTD. - 505800 - Announcement under Regulation 30 (LODR)-Updates on Acquisition

We hereby intimate that Rane Holdings Limited (RHL) has as on May 29, 2023 acquired additional equity stake in its subsidiary Rane t4u Private Limited (Rt4u) by subscribing to 21,60,432 equity shares of Rs.10 each on rights basis and exercising conversion of 2,78,50,000 Compulsorily Convertible Preference Shares (CCPS) of Rs.10/- each held in Rt4u into 2,78,50,000 equity shares of Rs.10/- each (in the ratio 1:1). Pursuant to the above acquisition of 3,00,10,432 equity shares of Rs.10/- each, the aggregate equity shareholding of RHL in Rt4u stands increased to 99.47% (an increase of 2.01% since the previous disclosure).
30-05-2023
Bigul

RANE HOLDINGS LTD. - 505800 - Announcement under Regulation 30 (LODR)-Investor Presentation

This is with reference to the aforementioned letters intimating Earnings Conference Call scheduled on Friday, May 19, 2023 at 15:00 hours (IST), inter alia, to discuss the audited financial results for the quarter ended March 31, 2023. We enclose herewith copy of the Earnings presentation proposed to be made thereat, to the analyst and investors. The same is also being made available on the website of the Company, www.ranegroup.com.
18-05-2023

Rane Holdings Ltd reports consolidated loss of Rs 8.1 cr in March quarter

Rane Holdings Ltd, the holding company of Rane Group has reported consolidated net loss at Rs 8.1 crore for the fourth quarter ending March 31, 2023, the company said on Saturday. The city-based company had registered consolidated net loss at Rs 12.8 crore during corresponding quarter of previous year. For the year ending March 31,2023, the consolidated profit after tax surged to Rs 87.3 crore form Rs 35.1 crore registered year ago. Total revenue during the quarter under review stood at Rs 948.2 crore as compared to Rs 791.9 crore recorded in the same period of previous year. For the year ending March 31, 2023 the consolidated revenue grew to Rs 3,537.5 crore from Rs 2,714.7 crore registered last fiscal. The Board of directors has recommended a dividend of Rs 17 per equity share on the paid up capital of 1,42,77,809 of Rs 10 each, the company said. On the group's operational performance during the quarter ending March 31, 2023 the company said, the revenue from domestic original
13-05-2023
Bigul

RANE HOLDINGS LTD. - 505800 - Announcement under Regulation 30 (LODR)-Newspaper Publication

We hereby enclose copies of extract of the audited consolidated financial results of the Company for the quarter and year ended March 31, 2023 (AFR) published on May 13, 2023 in the newspapers, viz., 'Business Standard' (English) and 'Hindu Tamizh Thisai' (Regional language). We request you to take the above on record and note the compliance under relevant provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR).
13-05-2023
Bigul

RANE HOLDINGS LTD. - 505800 - Submission Of Half Yearly Disclosure On Related Party Transactions - Regulation 23(9) Of SEBI LODR

In terms of Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR), we enclose herewith a statement on related party transactions of the Company for the half-year ended March 31, 2023 and the same is being made available on the website of the Company at www.ranegroup.com. We request you to take the above on record and note the compliance under above referred regulation of SEBI LODR.
12-05-2023
Bigul

RANE HOLDINGS LTD. - 505800 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

We refer to the captioned letter issued by the Company to the stock exchanges in connection with the 'Earnings Conference Call' scheduled to be held on Monday, May 15, 2023 at 15:00 hours (IST), inter alia, to discuss the audited financial results for the quarter and year ended March 31, 2023. Please be informed that the investor call is postponed to Friday, May 19, 2023 at 15:00 hours (IST) inter alia, to discuss the audited financial results for the quarter ended March 31, 2023. There is no change in any other details. The revised invite is enclosed along with this letter. Kindly take this disclosure on record as compliance under relevant provisions of SEBI (LODR) Regulations 2015.
12-05-2023
Bigul

RANE HOLDINGS LTD. - 505800 - Re-Constitution Of The Committees Of The Board Of Directors

The Board of Directors at their meeting held earlier today have re-constituted the following committee(s), effective from May 13, 2023. Revised constitution is enclosed.
12-05-2023
Bigul

Q4FY23 Quarterly & FY23 Annual Result Announced for Rane Holdings Ltd.

Auto parts & equipment company Rane Holdings announced Q4FY23 & FY23 results: Q4FY23: Revenue was Rs 948.2 crore in Q4FY23, compared to Rs 791.9 crore in Q4FY22, an increase of 19.7% EBITDA stood at Rs 114.3 crore, compared to Rs 73.9 crore during Q4FY22, an increase of 54.6% EBITDA margin at 12.1% for Q4FY23 against 9.3% in Q4FY22 Net loss stood at Rs 8.1 crore for Q4FY23, compared to a loss of Rs 12.8 crore in Q4FY22 FY23: Total revenue was Rs 3,537.5 crore in FY23, compared to Rs 2,714.7 crore in FY22, an increase of 30.3% EBITDA stood at Rs 348.6 crore, compared to Rs 203.1 crore during FY22, an increase of 71.7% EBITDA margin at 9.9% for FY23, against 7.5% in FY22 PAT stood at Rs 87.3 crore for FY23, compared to Rs 35.1 crore in FY22, an increase of 149.0% A dividend of Rs 17 per equity share has been recommended by the board of directors on the paid-up capital of 1,42,77,809 of Rs 10 each "Rane Group companies posted strong revenue growth supported by favourable demand environment in India and higher off-take from international customers. Higher volumes and improved operational performance resulted in improved profitability. Though we see a slowdown in major global economies, the growth momentum across vehicle segments in India continues to remain strong. We navigate this macro environment scenario cautiously prioritizing operational improvement and cost reduction measures," said L Ganesh, Chairman & Managing Director, Rane Holdings Result PDF
12-05-2023
Bigul

RANE HOLDINGS LTD. - 505800 - Announcement under Regulation 30 (LODR)-Change in Directorate

The Board of Directors of the Company at their meeting held on May 12, 2023 (today) have, inter alia; a. approved the appointment of Dr. Brinda Jagirdar, as an Additional Director (in the category of Non-Executive and Independent Director), effective May 12, 2023. b. taken on record the retirement of Dr Sheela Bhide, Non Executive - Independent Director, in accordance with policy of the Company effective closure of business hours on May 12, 2023. The Board while acknowledging her significant contributions to its discussions and decisions on various strategic and governance matters, appreciated her valuable advice and guidance rendered during her tenure as an Independent Director. Pursuant to the aforesaid changes the Board Composition of the Board of Directors continues to be in compliance with Regulation 17 of SEBI LODR. The details pursuant to Regulation 30 of SEBI LODR are enclosed as Annexure.
12-05-2023
Next Page
Close

Let's Open Free Demat Account