Rane Holdings has informed that in reference to letter no(s). RHL/SE/64/2019-20 dated March 23, 2020 intimating the acquisition of 5,80,720 equity shares of Rs 10 each fully paid up (1.78%) in its subsidiary company; Rane (Madras) (RML) arising on conversion of 5,80,720 warrants (partial conversion of the 17,42,160 warrants) into underlying equity shares. In the said intimation it was inadvertently mentioned that 'the balance 11,61,440 warrants are eligible for conversion on or before June 17, 2020', instead of June 17, 2021. Also informed that the balance 11,61,440 warrants are eligible for conversion into equivalent number of equity shares in RML on or before June 17,2021. The error is regretted.
The above information is a part of company’s filings submitted to BSE.
