Rane Holdings takes up JV rights issue, gets 5,15,954 shares
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Rane Holdings (NSE: RANEHOLDIN) has been allotted 5,15,954 equity shares of ₹10 each in ZF LIFETEC Rane Automotive India Private Limited, its joint venture, pursuant to a rights issue, it said in a filing on 30 Oct 2026. The company continues to hold 49% equity in the JV after the allotment.
The allotment in detail
The joint venture, ZF LIFETEC Rane Automotive India Private Limited, allotted the shares to the company earlier on 30 Oct 2026. The allotment was made pursuant to a rights issue, and the filing refers to the company's intimation of 22 Oct 2026 on the same matter.
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