RANEHOLDIN
Rane Holdings Limited
NSELast Traded Price
₹1486.1
-7.1 (-0.48%)
Open
₹1495.5
High
₹1508
Low
₹1476.6
Prev Close
₹1493.2
Industry
Holding Company
Market Cap
2129.82 Cr
Filing History
Recent corporate announcements and filings for RANEHOLDIN
Business Update
Positive
2026-10-09 16:46
- Rane Steering Systems Private Limited (wholly owned subsidiary) received an order from GST Authority, Chennai dropping the demand of Rs. 10.07 Crores including penalty in entirety.
- The order relates to FY 2022-23 and FY 2023-24 regarding ineligible ITC claims under Section 17(5) of the CGST Act.
- Expected financial implications on the company are Nil as proceedings have been dropped.
Routine
Negative
2026-09-28 22:41
CRITICAL RED FLAG DETECTED
- Rane Steering Systems Private Limited (wholly owned subsidiary) received a GST Show Cause Notice from the Deputy Excise & Taxation Commissioner, Rewari, Haryana for FY 2022-23.
- The notice relates to excess ITC claims, reverse charge liability, and miscellaneous issues aggregating to ₹57.12 Crores including a penalty of ₹1.25 Crores.
- The company is consulting tax advisors to contest the notice and expects a positive resolution.
Governance
Negative
2026-09-25 15:00
CRITICAL RED FLAG DETECTED
- Rane Steering Systems Private Limited (wholly owned subsidiary) received Show Cause Notice(s) under Section 73 of CGST Act, 2017.
- Notice received from Assistant Commissioner (ST), Royapettah, South - I, Chennai on September 24, 2026.
- Relates to claim of ineligible ITC under Section 17(5) for FY 2022-23 and FY 2023-24.
- Total financial implication is Rs. 10.07 Crores including penalty of Rs. 0.92 Crores.
Business Update
Neutral
2026-08-27 20:51
- Rane Holdings Limited has filed the transcript of its earnings conference call.
- The conference call was held on August 21, 2026.
- The transcript is available on the company's investor relations website.
Routine
Neutral
2026-08-27 17:21
New Filing detected. See link for details.
Business Update
Neutral
2026-08-21 20:31
- Audio/video recording of the earnings conference call held on August 21, 2026, at 15:00 hrs (IST) is now available on the company's website.
Financials
Positive
2026-08-20 22:00
- Q1 FY27 Consolidated Revenue ₹1,596.9 Cr vs ₹1,346 Cr (▲18.7% YoY)
- EBITDA ₹117.1 Cr vs ₹107 Cr (▲9.8% YoY)
- PAT ₹48.3 Cr vs ₹57.5 Cr (▼16.0% YoY)
- EBITDA Margin 7.3% vs 7.9% (▼59 bps YoY)
- New Business Wins: Lifetime Value of ₹4,320 Cr reported.
Business Update
Neutral
2026-08-18 18:14
- Concall Schedule
- Concall Date: August 21, 2026
- Concall Time: 15:00 hrs IST
Financials
Negative
2026-08-13 13:10
- Q1 FY27 Consolidated Revenue ₹1,586.88Cr vs ₹1,340.82Cr (▲18.4% YoY)
- EBITDA ₹1,252.4Cr vs ₹1,300.8Cr (▼3.7% YoY)
- PAT ₹482.7Cr vs ₹574.9Cr (▼16.0% YoY)
- EBITDA Margin 7.9% vs 9.7% (▼180bps)
Ownership
Positive
2026-07-30 12:30
- Rane Holdings Limited allotted 3,38,030 convertible warrants to the Promoter/Promoter Group on July 30, 2026.
- Each warrant is convertible into one equity share of face value ₹10.
- The subscription price is ₹295.83 per warrant (25% of the issue price).
- Warrants are convertible within 18 months from the allotment date.
Ownership
Positive
2026-07-24 16:54
- Rane Holdings Limited received 'in-principle' approval from BSE and NSE on July 23, 2026, for a preferential issue.
- The issue involves 3,38,030 convertible warrants to Promoters at ₹10 face value.
- Warrants are convertible into equity shares at a price not less than ₹1183.32 each.
Business Update
Negative
2026-07-21 18:26
CRITICAL RED FLAG DETECTED
- Rane Steering Systems Private Limited, a wholly-owned subsidiary, received a tax order from Deputy Commissioner (CT), Chennai (South) dated July 20, 2026.
- The order, under Section 112 of the TNGST Act, pertains to tax liability for FY 2019-20.
- The financial implication is ₹7.46 Crores, including a penalty of ₹0.38 Crores.
- The subsidiary plans to file an appeal against the order.
Business Update
Negative
2026-07-18 13:38
CRITICAL RED FLAG DETECTED
- Wholly-owned subsidiary Rane Steering Systems Private Limited (RSSL) received a Show Cause Notice from Assistant Commissioner (ST) Chennai.
- Notice pertains to GST discrepancies for FY 2022-23.
- Financial implication: ₹11.88 Cr (including ₹1.07 Cr penalty). RSSL will file a reply.
Governance
Positive
2026-07-18 09:10
- 90th Annual General Meeting (AGM) to be held on Thursday, August 13, 2026, at 3 p.m. via Video Conferencing (VC) / Other Audio Visual Means (OAVM).
- Declared a dividend of ₹47/- per equity share for FY 2025-26.
- Record date for dividend and e-voting cut-off is Thursday, August 06, 2026.
- Dividend payment date is Monday, August 24, 2026.
- Web-link for the Annual Report 2025-26 is being dispatched.
Governance
Positive
2026-07-18 08:52
- The 90th Annual General Meeting (AGM) of Rane Holdings Limited is scheduled for Thursday, August 13, 2026, at 15:00 hrs (IST) via Video Conference (VC) / Other Audio Visual Means (OAVM).
- The Board has proposed a dividend of ₹47/- per equity share for the financial year ended March 31, 2026.
- Key agenda items include the adoption of the Audited Financial Statements for FY 2025-26, re-appointment of Mr. Harish Lakshman as a Director, and appointment of Mr. Ramesh Rajan Natarajan as an Independent Director.
- Remote e-voting will be available from August 10, 2026, 09:00 hrs IST to August 12, 2026, 17:00 hrs IST, with August 06, 2026, as the cut-off date for eligibility.
Governance
Neutral
2026-06-29 23:42
- Board meeting scheduled for August 13, 2026.
- To consider and approve Unaudited Financial Results (Standalone & Consolidated) for the quarter ended June 30, 2026.
- Trading window closed from June 30, 2026 to August 15, 2026.
Governance
Positive
2026-06-12 21:35
- Extraordinary General Meeting (EGM) of Rane Holdings Limited was held on June 12, 2026.
- The Special Resolution for the Issue of Warrants on a Preferential Basis was approved by the members with 96.59% votes in favour.
Governance
Neutral
2026-06-12 21:00
- The Extraordinary General Meeting (EGM) of Rane Holdings Limited was held on June 12, 2026.
- Members approved the payment of commission to Non-Executive Directors and Independent Directors with 96.59% of votes in favor.
- The EGM also approved the issue of warrants on a preferential basis with 96.59% of votes in favor.
Business Update
Positive
2026-06-11 16:22
- CRISIL Ratings reaffirmed the Long Term Rating of Rane Steering Systems Private Limited (wholly-owned subsidiary) as Crisil A-/Stable.
- Bank loan facilities were enhanced to ₹330 crores from ₹240 crores.
Business Update
Positive
2026-06-10 15:54
- Rane Steering Systems Private Limited (RSSL), a subsidiary of Rane Holdings, will acquire 26% equity shares in Hexa Energy BH Eleven Private Limited for ₹0.78 crores.
- This acquisition is for procuring solar renewable energy for RSSL's plant in Bawal, Haryana, to comply with regulatory requirements for captive power consumption.
Business Update
Neutral
2026-06-08 19:32
- Investor Meet Schedule
- Meet Date: Thursday, June 11, 2026
- Meet Time: 14:00 hrs (IST) - 15:30 hrs (IST)
- Venue: Chennai
- Mode: Physical / in-person group meet with Unique Asset Management LLP, ThinQwise Wealth Managers LLP, NV Alpha Fund Management LLP.