Rane Holdings Approves Rs. 100 Crore Preferential Share Issue to Non-Promoter Investors Aug 28, 2025
Rane Holdings Limited's board has approved a preferential issue of 1,81,81,818 equity shares at Rs. 55 per share to raise Rs. 100 crores from non-promoter investors. This move aims to strengthen the company's capital base and support growth initiatives. The issue is subject to shareholder and regulatory approvals. The preferential allotment is expected to dilute existing shareholding, with exact impact to be determined post-allotment. Rane Holdings, a key player in the auto component sector, may use the funds for debt reduction, capacity expansion, or investment in new technologies.