Rane Engine Valve’s board has approved fund raising plan including by way of issuance of equity shares and/or convertible securities (warrants) to the Promoter / Promoter group up to Rs 15 crore on preferential basis and matters connected thereto. The Board of Directors of the company at its meeting held on January 25, 2022, inter-alia considered and approved the same.
Rane Engine Valve is a part of Rane Group of companies involved in the manufacture of valves and valve train components for various engine applications.
