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Rane Holdings Limited ( (IN:RANEHOLDIN) ) just unveiled an update.
Rane Holdings Limited has notified the stock exchanges of an inter se transfer of shares within its promoter and promoter group, in compliance with SEBI’s Prohibition of Insider Trading Regulations, 2015. Promoter Rathika R Sundaresan has transferred 52,500 equity shares, while promoter group members Ganesh L (jointly with Meenakshi Ganesh) and Harish Lakshman have each purchased 26,250 equity shares, leaving Sundaresan with a reduced but still significant stake. The disclosure underscores that the transaction is an internal rebalancing of holdings among promoters rather than an external divestment, signalling continuity of promoter control and governance stability for shareholders.
More about Rane Holdings Limited
Rane Holdings Limited is a Chennai-based investment holding company and part of the Rane Group, which has a long-standing presence in the Indian automotive and auto components industry. Through its subsidiaries and affiliates, it focuses on steering and suspension systems, friction materials, valves, and other auto components, serving original equipment manufacturers and aftermarket customers in domestic and export markets.
Average Trading Volume: 1,300
Technical Sentiment Signal: Hold
Current Market Cap: 18.99B INR
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