MoneyWorks4Me

Rane Holdings’ arm sells land in Tamilnadu

05 Apr 2025 Evaluate

Rane Holdings’ wholly owned subsidiary -- Rane Steering Systems (formerly known as Rane NSK Steering Systems) has sold the land situated at Chengalpattu, Tamilnadu, measuring 3.995 acres for a consideration of Rs 50.50 crore on April 04, 2025. The company has sold the land as part of its strategic monetization of non-core assets.

Rane Holdings (RHL) is the holding company of Rane Group. RHL owns the trademark in Rane and provides a range of services to group companies. These include employee training and development, investor services, business development & information systems support.

Peers
Company Name CMP
Bajaj Finserv 1917.30
TVS Holdings 13000.05
Cholamandalam Fin. 1525.75
Altius Telecom Infra 175.00
Kama Holdings 2282.95
View more..