Rane Holdings has further acquired 6.80% equity shareholding in Rane t4u (RT4U) for a consideration of Rs 6,57,140. The aggregate equity shareholding stands at 76.81%. RT4U is a subsidiary of the Company, which offers customized analytics-rich end to-end telemetric/connected mobility solutions for various transportation and asset tracking requirements in India and other countries across South Asia, Middle East and Africa.
Rane Holdings is the holding company of the Rane Group.