An announcement from Rane (Madras) Limited ( (IN:RML) ) is now available.
Rane (Madras) Limited announced the approval of a special resolution for the appointment of Mr. Harish Lakshman as Managing Director, along with the approval of his remuneration. This decision was made following a postal ballot where the resolution received the requisite majority. The approval is expected to strengthen the company’s leadership and potentially enhance its operational efficiency and strategic direction.
More about Rane (Madras) Limited
Rane (Madras) Limited operates in the automotive industry, focusing on manufacturing and supplying various automotive components. The company is part of the Rane Group, which serves a wide range of market segments within the automotive sector.
YTD Price Performance: -34.10%
Average Trading Volume: 688
Current Market Cap: 9.6B INR
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