Rane (Madras) has executed Share Purchase agreement with Kentucky Industrial Holdings, Inc., (KIH) (Purchaser) on September 06, 2023 to transfer its entire holdings in M/s. Rane Light Metal Casting Inc., USA (LMCA) in favour of KIH. The expected date of completion of sale/disposal is on or before September 30, 2023.
Rane (Madras) is the manufacturer of steering & suspension systems for every segment of automobile industry, viz Passenger cars, Multi utility vehicles, Light commercial vehicles, Heavy commercial vehicles and Farm tractors.
| Company Name | CMP |
|---|---|
| SamvardhanaMotherson | 128.20 |
| Tube Investments | 3108.75 |
| Bosch | 37500.20 |
| UNO Minda | 1131.55 |
| CIE Automotive India | 492.05 |
| View more.. | |
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