Fundraise / allotmentFiled on BSE ·
Rane Holdings approves ₹80.85 crore investment in ZF Lifetec Rane JV rights issue
Rane Holdings Ltd · Finance
What the filing says
- Rane Holdings to subscribe to 5,15,954 equity shares of ZF Lifetec Rane Automotive India Pvt Ltd at ₹1,567 per share by October 31, 2026
- Post-investment, Rane Holdings’ stake remains at 49% in the JV, which reported ₹1,180.55 crore turnover and ₹113.74 crore net worth for FY 2025-26
- Investment proceeds will fund ZLRAI’s capex and operational needs; no regulatory approvals are required for this acquisition transaction
Original filing
Announcement under Regulation 30 (LODR)-Acquisition
Read the filing on BSE (PDF) →Companies guiding to strong growth
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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.