Rane Holdings Limited

Regulatory Update

Rane Holdings Ltd (RHL) has informed the exchange that its wholly-owned subsidiary, Rane Steering Systems Private Limited (RSSL), has received an order from the GST Authority, Chennai, dropping a tax demand in its entirety.

Key Details

The order, issued under Section 73 of the CGST Act, 2017, relates to the financial years 2022-23 and 2023-24. The original proceedings concerned allegations of ineligible Input Tax Credit (ITC) claims under Section 17(5) of the CGST Act.

• Subsidiary: Rane Steering Systems Private Limited (RSSL)
• Authority: Assistant Commissioner (ST), Royapettah, South-I, Chennai
• Demand Dropped: Rs 10.07 Crore (inclusive of Rs 0.92 Crore penalty)
• Period: Financial Year 2022-23 & 2023-24
• Financial Impact on RHL: Nil

Investor Takeaway

The GST Authority's decision to drop the proceedings followed the submission of supporting documents and clarifications by the subsidiary. Consequently, there are no expected adverse financial implications for the listed parent entity, Rane Holdings Ltd, and the matter is now considered resolved.

Transaction Details

Rane Holdings Ltd has submitted a disclosure under Regulation 7(2) read with Regulation 6(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The filing pertains to a change in the shareholding of a member of the promoter group.

Mrs. Meenakshi Ganesh, a member of the promoter group, acquired 1,348 equity shares of the company with a face value of Rs 10 each. The acquisition was executed through the "Transmission of Shares" following the demise of Late Kripa Subramaniam.

Regulatory Context

This disclosure is a procedural compliance requirement under SEBI insider trading norms. Share transmission is a non-market transfer mechanism where securities are transferred to the legal heir or successor following the death of a shareholder. As such, this transaction does not reflect a decision to buy or sell shares in the open market and has no implications for the company's underlying business, financial position, or strategic direction.

Regulatory Compliance Update

Rane Holdings Ltd has filed its compliance certificate as required under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026.

Details of Compliance

The company's Registrar and Share Transfer Agent (RTA), Integrated Registry Management Services Private Limited, has confirmed the following for the quarter ended September 30, 2026:

• Processing of Securities: All securities received from depository participants for dematerialization have been confirmed (accepted/rejected) by the RTA to the depositories and the stock exchanges.
• Certificate Handling: The security certificates received for dematerialization have been mutilated and cancelled after due verification.
• Records Update: The name of the depositories has been substituted in the register of members as the registered owner within the stipulated time limit under the regulation.

This filing serves as a routine administrative confirmation ensuring that the company's records are in alignment with the depository participants' processes.

Publication Details

Rane Holdings Limited has issued a public notice regarding a Special Window for the Re-lodgement of Transfer Requests for Physical Shares. This publication serves to inform shareholders of the procedural steps to resolve pending transfer issues.

Important Dates

• Window Open Date: February 05, 2026
• Window Close Date: February 07, 2027
• Publication Date: September 30, 2026

Shareholder Instructions

Shareholders whose previous transfer requests for physical shares were rejected, returned, or left unattended due to document deficiencies are eligible to utilize this special window. Investors are requested to furnish the necessary documents to the Company's Registrar and Share Transfer Agent:

Registrar: Integrated Registry Management Services Private Limited
Address: 2nd Floor, “Kences Towers”, No 1, Ramakrishna Street, North Usman Road, T.Nagar, Chennai – 600017
Email: einward@integratedindia.in

Regulatory Context

This initiative is in accordance with SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026.

Board Meeting and Financial Results

Rane Holdings Limited has informed the stock exchanges that a meeting of its Board of Directors is scheduled for November 12, 2026. The primary purpose of this meeting is to consider and approve the standalone and consolidated unaudited financial results for the quarter and half-year ending September 30, 2026.

Trading Window Closure

In compliance with the company's code to regulate, monitor, and report trading by insiders, the trading window will remain closed for all designated persons, including:

• Promoters
• Directors
• Other connected persons
• Designated employees

The closure is effective from September 30, 2026, to November 14, 2026 (both days inclusive). This period is intended to prevent insider trading while the company prepares its financial results for the aforementioned period.

Investor Takeaway

This announcement is a procedural compliance filing under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shareholders should note the scheduled board meeting date of November 12, 2026, as the company will release its financial performance for the quarter and half-year ending September 30, 2026, on or around that date.

Key Highlights

Board Meeting Details

The Board of Directors of Rane Holdings Ltd is scheduled to meet on November 12, 2026. The meeting will be held to consider and approve the unaudited financial results (both standalone and consolidated) for the quarter and half-year ending September 30, 2026.

Trading Window Closure

In accordance with the company's code to regulate, monitor, and report trading by insiders, the 'Trading Window' for designated employees, directors, and promoters will remain closed from September 30, 2026, through November 14, 2026 (both days inclusive). This closure is specifically for the purpose of the upcoming financial results announcement.

Key Highlights

Legal, Tax, and Regulatory Update

Rane Holdings Ltd informed the exchanges that its wholly-owned subsidiary, Rane Steering Systems Private Limited (RSSL), has received a Show Cause Notice from the Deputy Excise & Taxation Commissioner, Rewari, Haryana. The notice pertains to the financial year 2022-23.

The authorities have raised issues primarily regarding:

• Excess Input Tax Credit (ITC) claimed in GSTR-3B compared to GSTR-2B.
• Reverse charge liability on trademark fees and the secondment of overseas employees.
• Miscellaneous issues including the availment of ineligible ITC and the issuance of credit notes.

The total financial implication, including interest and penalties, is Rs 57.12 crore. The company has stated that the penalty and interest portion accounts for Rs 1.25 crore of this amount.

Management Response

Rane Steering Systems Private Limited has indicated that it is currently in consultation with its tax advisors and consultants. The management has expressed confidence in its position on the merits of the case and intends to contest the notice before the appropriate authority within the prescribed timelines. The company maintains an expectation of a positive resolution to the matter.

What This Means for Investors

For shareholders, the primary focus is on the contingent liability of Rs 57.12 crore. While the company is contesting the claim, this development introduces regulatory uncertainty regarding tax compliance for the subsidiary during FY 2022-23. Investors should monitor future updates regarding the outcome of the proceedings and any potential impact on the company's financial results or balance sheet provisions.

Earnings Call Transcript Availability

Rane Holdings Ltd has officially notified the stock exchanges regarding the availability of the transcript for its earnings conference call, which took place on August 21, 2026.

Accessing the Transcript

Investors and stakeholders can access the detailed transcript through the 'Investor Information' section of the company's official website at https://ranegroup.com/investor/rane-holdings-limited/.

This filing serves as a regulatory compliance update under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

ESG Rating Update

Rane Holdings Limited has announced that it has received an ESG (Environmental, Social, and Governance) rating from Crisil ESG Ratings & Analytics Limited, a SEBI-registered ESG Rating Provider.

The company has been assigned a rating of 'Crisil ESG 65', which is classified under the 'Strong' category. This information was disseminated by the agency on August 26, 2026, and subsequently filed by the company with the stock exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Investor Implications

This filing represents a routine corporate governance disclosure. ESG ratings serve as an external benchmark for investors and stakeholders to evaluate a company's commitment to sustainable practices and governance standards.

Investors should note that this ESG rating is distinct from the company's financial credit ratings, which assess debt-repayment capacity. As such, this disclosure is intended for monitoring the company's long-term sustainability profile rather than reflecting immediate financial or operational shifts.

Earnings Call Recording Available

Rane Holdings Limited has announced that the audio recording of its earnings conference call, held on August 21, 2026, is now accessible to the public.

Access Details

• Event: Earnings Conference Call
• Date Held: August 21, 2026
• Access Location: The recording can be accessed through the investor information section of the company's website at https://ranegroup.com/investor/rane-holdings-limited/.

This filing is a routine compliance disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Highlights

Rane Holdings Limited released its earnings presentation for Q1 FY27 (quarter ended June 30, 2026). The group, which manufactures steering, suspension, and braking components, reported mixed financial results with strong revenue growth but a decline in net profit.

Financial Snapshot

The company's consolidated revenue performance showed a positive trend, reaching Rs 1,596.9 Cr. While the company achieved higher EBITDA of Rs 117.1 Cr, the EBITDA margin compressed to 7.3%, down from the prior year's levels. The Profit After Tax (PAT) experienced a decline of 16.0% year-on-year to Rs 48.3 Cr.

Business and Operational Updates

• New Business Wins: The company reported securing 34 new programs with a total lifetime value (LTV) of Rs 4,320 Cr. The distribution of this LTV is as follows:
  • Rane (Madras) Ltd: 47% (Rs 2,040 Cr)
  • ZF LIFETEC Rane Automotive India Pvt Ltd: 35% (Rs 1,530 Cr)
  • ZF Rane Automotive India Pvt Ltd: 10% (Rs 425 Cr)
  • Rane Steering Systems Pvt Ltd: 8% (Rs 325 Cr)
• Export Business: International business accounts for 37% of the total business profile.
• Awards: Several divisions received industry recognition, including GreenCo Ratings and CII National EHS Excellence Awards for various manufacturing locations (Trichy, Puducherry, Aziz Nagar, and Chennai).

Subsidiary Performance

The earnings presentation highlights that the Rane group serves a diverse range of vehicle segments, including Passenger Vehicles (67% of revenue), Commercial Vehicles (24%), Farm Tractors (4%), and Two/Three Wheelers (5%).

Investor Takeaway

For existing shareholders, the key performance indicator remains the ability to balance strong top-line revenue growth with margin recovery. While the order book indicates consistent new business acquisition with a significant export component, the decline in PAT and EBITDA margins suggests inflationary pressures or rising operating costs that investors should monitor in the coming quarters.

Earnings Call Details

Rane Holdings Limited has announced an earnings conference call scheduled for Friday, August 21, 2026, from 15:00 to 16:00 hours IST. The primary objective of this session is to discuss the company's unaudited financial results for the quarter ended June 30, 2026.

Management Representatives

The earnings call will feature the participation of senior management from the Rane Group, including:

• Dr. P.A. Padmanabhan: President – Finance and Group CFO
• Mr. B. Gnanasambandam: Sr. EVP - Finance and CFO, Rane (Madras) Limited
• Mr. J. Ananth: EVP – Finance and CFO, Rane Holdings Limited
• Mr. S. Prasad: VP – Corporate Planning, Rane Holdings Limited

Investor Access

The company has made provisions for pre-registration via a 'DiamondPass' facility to streamline the call entry process. Following the conclusion of the event, the company intends to upload the presentation and a transcript of the proceedings to its official website (www.ranegroup.com) for shareholder review.

Publication Details: Company: Rane Holdings Ltd. Regulatory Reference: Regulation 47 of SEBI (LODR) Regulations, 2015. Purpose: Publication of extract of unaudited consolidated financial results for the quarter ended June 30, 2026. Publication Date: August 14, 2026. ## Newspapers: English Edition: Business Standard. Regional Edition: Hindu Tamizh Thisai. ## What Shareholders Should Know: This publication is a statutory requirement to ensure public dissemination of the company's financial performance. The full results are available for review on the company's official website (www.ranegroup.com) and the BSE/NSE platforms.

AGM Proceedings Overview

Rane Holdings Ltd held its 90th Annual General Meeting (AGM) on August 13, 2026, via Video Conference/Other Audio Visual Means. The meeting commenced at 15:00 hrs (IST) and concluded at 15:53 hrs (IST). Mr. L Ganesh, Chairman & Managing Director, chaired the meeting, where the audited financial statements, dividend declaration, and board-related appointments were presented for shareholder approval.

Voting Results

All resolutions placed before the shareholders were passed with the requisite majority. The voting process involved both remote e-voting and e-voting conducted during the AGM.

Resolution Voting Details

Ordinary Business

• Financial Statements & Dividend: Resolutions for adopting financial statements and declaring dividends received overwhelming support, with 99.9998% of votes cast in favour for both items.
• Re-appointment of Director: The re-appointment of Mr. Harish Lakshman, who retired by rotation, was approved with 99.9976% of votes in favour.

Special Business

• Appointment of Independent Director: The appointment of Mr. Ramesh Rajan Natarajan as an Independent Director was passed with a special resolution. This item saw more dissent compared to other resolutions, with 96.52% of votes cast in favour and 3.48% against.

Governance Note

The board-proposed resolutions were scrutinized by A. K. Jain & Associates, Practicing Company Secretaries. The company confirmed that all relevant documents and statutory registers were available for inspection during the meeting.

AGM Outcome Summary

Rane Holdings Limited (BSE: 505800) conducted its 90th Annual General Meeting (AGM) on August 13, 2026, via Video Conference (VC) and Other Audio Visual Means (OAVM). The meeting, which concluded at 15:53 hrs (IST), sought shareholder approval for financial, dividend, and board-related matters.

Voting Results

All resolutions were passed with the requisite majority. The voting process included both remote e-voting and e-voting during the AGM.

Governance and Observations

• Scrutinizer: The board appointed M/s. A K JAIN & ASSOCIATES, Practising Company Secretaries, as the scrutinizer for the voting process.
• Voting Abstention: One shareholder holding 580 equity shares abstained from voting on Resolution No. 1 (adoption of audited financial statements).
• Procedural Compliance: The company confirmed that notice was sent to shareholders and an advertisement was published more than 21 days before the meeting in English ('Business Standard') and Tamil ('Hindu Tamizh Thisai') newspapers.

Investor Takeaway

The AGM proceedings reflect standard corporate governance practices. The successful passage of the dividend declaration and board appointments provides continuity in management and returns. Shareholders should note that these are procedural outcomes following the expected corporate cycle.

Monitoring Agency Report: Q1 FY2026-27

Rane Holdings Limited submitted the Report of the Audit Committee dated August 13, 2026, regarding the utilization of proceeds from its preferential issue of convertible warrants. The report covers the status of funds as of the quarter ended June 30, 2026.

Key Highlights

Financial Summary

The report specifies that the company is utilizing funds for 'Strategic investments in group companies', 'Repayment of Borrowings', and 'General Corporate Purposes' (up to 25% of issue proceeds). The original cost of these objects is Rs 40 crore.

As of the end of the quarter, Rs 10 crore has been raised (received on June 25, 2026). The Audit Committee noted that the warrants were allotted on July 30, 2026, following in-principle approval from stock exchanges on July 23, 2026. Consequently, the funds are available for utilization during the quarter ending September 30, 2026.

Deployment of Unutilised Proceeds

The entire Rs 10 crore raised is currently held in the 'RHL Preferential Issue Bank account'.

Audit Committee Observations

• Deviations: The Audit Committee reported no deviations from the objects stated in the EGM notice.
• Viability: No favorable or unfavorable events were observed that would impact the viability of the project objects.
• Approvals: The company received in-principle approval from BSE Limited and the National Stock Exchange of India Limited on July 23, 2026. No other government or statutory approvals are required.
• Conflict of Interest: The Audit Committee declared that it has no direct or indirect interest in or relationship with the issuer, promoters, directors, or management, and perceives no conflict of interest in monitoring the utilization of the proceeds.

Key Highlights

Transaction or Fundraising Details

Rane Holdings Limited reported no deviations or variations in the utilization of funds raised through its preferential issue of convertible warrants for the quarter ended June 30, 2026.

Fundraising Overview:

• Warrants Issued: 3,38,030 convertible warrants to members of the Promoter/Promoter Group.
• Funds Received: The company received Rs 10.00 crore on June 25, 2026, representing the warrant subscription price.
• Issue Size: The total issue size is Rs 40.00 crore.
• Allotment Status: The allotment of warrants was completed on July 30, 2026, following receipt of in-principle approval from stock exchanges.
• Future Tranches: The balance of Rs 30.00 crore is expected to be received in one or more tranches at the time of conversion of warrants into equity.
• Utilization Plan: The funds are intended for strategic investments in group companies, repayment of borrowings, and general corporate purposes. The company noted that funds are available for utilization following the allotment.

Financial Snapshot

Rane Holdings Limited reported consolidated financial results for the quarter ended June 30, 2026. The company saw a steady increase in operating revenue, though net profit was impacted by exceptional items.

Revenue and Profitability

Consolidated revenue from operations grew to Rs 1,586.88 crore, compared to Rs 1,340.82 crore in the same quarter last year. Profit for the period (PAT) decreased to Rs 48.27 crore from Rs 57.49 crore. The consolidated results for the previous year's comparative quarter included higher exceptional gains, which influenced the profit variance.

Strategic Developments

Asset Divestment

Rane (Madras) Limited, a subsidiary of the company, has entered into an agreement with Canopy Living LLP to sell 3.48 acres of land in Velachery, Chennai, for an aggregate consideration of Rs 361.18 crore. The company has already received an advance of Rs 170 crore till June 30, 2026.

Business Acquisition

On June 30, 2026, Rane (Madras) Limited signed an agreement with Hindustan Composites Limited to acquire its friction business on a slump sale basis. The total consideration for this acquisition is Rs 370 crore, subject to customary closing conditions and regulatory approvals.

Capital Activity

The company received Rs 10 crore as warrant subscription money during the quarter. Subsequently, 3,38,030 convertible warrants were allotted on July 30, 2026. These warrants are fully convertible into equity shares within 18 months, subject to the receipt of the balance Rs 30 crore.

Concerns and Watch Points

• Warranty Provisions: The company’s consolidated results include ongoing assessments by ZLRAI management regarding warranty obligations related to product recalls in prior periods. This remains a point to monitor, as the ultimate liability is subject to final outcomes of discussions with relevant parties.
• Strategic Execution: The completion of the acquisition of the friction business from Hindustan Composites Limited and the full conversion of warrants are dependent on fulfilling various conditions and regulatory approvals.

Investor Takeaway

Rane Holdings showed top-line growth in Q1 FY27. The key investor focus will likely be on the execution of the land divestment in Chennai and the operational integration of the newly acquired friction business, both of which represent significant strategic shifts for the Rane (Madras) Limited subsidiary.

Financial Performance Summary

Rane Holdings reported its unaudited financial results for the quarter ended June 30, 2026. The consolidated total income rose to Rs 1,596.87 crore (Rs 1,59,687 lakh) from Rs 1,345.54 crore (Rs 1,34,554 lakh) in the same period last year. Consolidated profit after tax, however, declined to Rs 48.27 crore (Rs 4,827 lakh) from Rs 57.49 crore (Rs 5,749 lakh) in the corresponding quarter of the previous year.

Consolidated Financial Snapshot

Standalone Financial Snapshot

Strategic Developments

Land Sale Agreement

The company's subsidiary, Rane (Madras) Ltd, has entered into an agreement with Canopy Living LLP to sell 3.48 acres of land in Velachery, Chennai, for an aggregate consideration of Rs 361.18 crore (Rs 36,118 lakh). As of June 30, 2026, the company has already received an advance of Rs 170 crore (Rs 17,000 lakh).

Acquisition of Friction Business

Rane (Madras) Ltd has also agreed to acquire the friction business of Hindustan Composites Ltd. This will be executed on a slump sale basis for a total consideration of Rs 370 crore (Rs 37,000 lakh), subject to customary closing conditions and necessary approvals.

Warrant Allotment

During the quarter, the company received Rs 10 crore (Rs 1,000 lakh) as subscription money for 3,38,030 convertible warrants, which were allotted on July 30, 2026. These warrants are convertible into equivalent equity shares within 18 months, subject to the receipt of the remaining balance of Rs 30 crore (Rs 3,000 lakh).

Investor Takeaway

Investors should monitor the successful completion of the land sale and the acquisition of the friction business, as these represent significant capital allocation and strategic shifts for the group. While consolidated profits experienced pressure this quarter compared to the prior-year period, the progress on these strategic agreements will be key drivers for future performance.

Corporate Action Details

The Issue and Allotment Committee of the Board of Directors of Rane Holdings Limited has finalized the preferential allotment of convertible warrants. This corporate action aligns with the company's capital raising strategy and involves key members of the promoter group.

Understanding the Allotment

The issuance is structured as a convertible instrument, where 25% of the issue price (₹295.83 per warrant) has been collected upfront. The warrants grant the promoters the right to convert them into equity shares of face value ₹10 each. This conversion can take place in one or more tranches within an 18-month window, provided the balance 75% of the issue price is paid.

What This Means for Investors

For existing shareholders, this allotment is primarily a signal of internal commitment. By participating in a preferential issue at ₹1,183.32 per share, the promoters are demonstrating confidence in the company's long-term business strategy. While the immediate equity base remains unchanged until full conversion, the upfront cash infusion provides the company with liquidity.

Investors should view this as a positive indicator of 'skin in the game' from the leadership. However, as the conversion is optional and depends on market conditions or promoter intent over the next 18 months, shareholders should monitor future filings regarding the exercise of these warrants.

Corporate Action Details

Rane Holdings Limited has obtained the necessary 'in-principle' approval from both the BSE and the National Stock Exchange (NSE) for its preferential issue of convertible warrants. This approval, granted by both exchanges on July 23, 2026, allows the company to proceed with the issuance to its promoters, a move previously authorized by the Board and shareholders.

Important Figures

Regulatory Compliance and Conditions

As part of the approval process, the stock exchanges have mandated strict compliance with the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The company is required to strengthen its internal controls to monitor trading activities by the proposed allottees. Specifically, the company must ensure that allottees provide undertakings confirming they will refrain from intra-day trading or selling the company's shares until the official allotment date. The responsibility for verifying these compliances lies with the issuer.

Investor Takeaway

The receipt of 'in-principle' approval is a procedural but essential requirement for the company to move forward with its capital-raising plan. Investors should note that the company is now bound by specific regulatory timelines for completing the allotment and filing for listing. The company is required to make a listing application within 20 days from the date of allotment. Failure to comply with these regulatory mandates could result in penalties or the withdrawal of the approval granted by the exchanges.

Key Highlights

Financial Snapshot

Regulatory and Legal Context

Rane Holdings Limited informed the exchanges that its wholly-owned subsidiary, Rane Steering Systems Private Limited (RSSL), has received an order from the Deputy Commissioner (CT), Chennai (South). The order follows an appeal filed by RSSL under Section 107(1) of the TNGST Act, 2017.

The authority has partially allowed, partially dismissed, and partially modified the appeal. The dismissed matters relate to tax liability payable on reverse and forward charge mechanisms regarding certain expenses, as well as the availing of Input Tax Credit (ITC) on trade payables.

Management Action Plan

The management of RSSL has stated that, in consultation with its tax advisors and consultants, it intends to file an appeal before the appropriate authority against this order within the legally prescribed timelines.

What This Means for Investors

This development represents a contested tax liability for the subsidiary. Investors should note that while this order creates a financial liability of ₹7.46 crore (₹746 lakh), the company is actively pursuing an appeal process to challenge the findings. The primary focus for shareholders should be on the outcome of the subsequent appeal and any changes in the contingent liability status in future financial statements.

Investor Takeaway

This is a regulatory update regarding a tax dispute affecting Rane Holdings' subsidiary. The company faces an order resulting in a financial implication of ₹7.46 crore (₹746 lakh). Management is contesting this via an appeal. Investors should continue to monitor disclosures for updates on the legal proceedings and any subsequent financial impact.

Key Highlights

Regulatory Update

The company disclosed that its wholly-owned subsidiary, RSSL, received a show cause notice for the financial year 2022-23. The notice highlights differences observed between GSTR-2A (inward supplies) and GSTR-3B (monthly returns), as well as specific treatments of credit notes and exempted/nil-rated supplies. The company is in the process of consulting with consultants and tax advisors to prepare and file a suitable reply before the authority within the prescribed timelines.

Important Figures Used

Concerns and Watch Points

What This Means for Investors

The announcement is a regulatory update regarding a tax dispute at the subsidiary level. While the potential liability is defined at ₹11.88 crore, the company has indicated it is preparing a response. This is a standard compliance disclosure, and investors should track updates regarding the resolution of this show cause notice.

Investor Takeaway

This is a routine regulatory compliance disclosure concerning a GST show cause notice received by a wholly-owned subsidiary. With a total financial impact pegged at ₹11.88 crore, investors should note the potential for tax-related liabilities. The company is actively engaging with advisors to respond to the authorities. No immediate stock impact is implied, but the resolution of this dispute should be monitored in future filings.

Key Highlights

Corporate Action Details

Rane Holdings Limited has issued a public notice regarding a special re-lodgement window for physical share transfer requests. This action is taken in compliance with SEBI's regulatory framework.

This specific window is designed to address and process requests that were previously:

• Rejected
• Returned
• Left unattended due to document or process deficiencies

Shareholders who have faced issues with the transfer of their physical share certificates are encouraged to utilize this period. They are required to furnish the necessary documentation to the company's Registrar and Share Transfer Agent (RTA), Integrated Registry Management Services Private Limited, to facilitate the successful re-lodgement of their requests.

Investor Takeaway

This is a purely procedural compliance update intended for shareholders holding shares in physical form. It provides a structured timeline and guidance for investors to resolve past issues related to share transfers. Investors holding physical shares should check their records for any previously rejected transfer applications and coordinate with the RTA during the specified window if required. There is no financial or material impact on the company's operations from this announcement.

AGM and E-Voting Schedule

Rane Holdings Limited has scheduled its 90th Annual General Meeting (AGM) for Thursday, August 13, 2026, at 15:00 hrs (IST). The meeting will be conducted through Video Conference (VC) and Other Audio Visual Means (OAVM), in compliance with regulatory guidelines.

Mr. Balu Sridhar, a Practicing Company Secretary, has been appointed as the Scrutinizer to oversee the e-voting process and the proceedings at the AGM to ensure the voting is conducted in a fair and transparent manner.

Physical Share Transfer Re-lodgement

The company has also announced a special window for the re-lodgement of transfer requests for physical shares. This opportunity is aimed at resolving issues where previous transfer requests were rejected, returned, or could not be processed due to deficiencies in documentation or processes.

This special window is open from February 05, 2026, to February 07, 2027. Investors holding physical shares who have faced such issues are encouraged to furnish the necessary documents to the company's Registrar and Share Transfer Agent, Integrated Registry Management Services Private Limited.

Investor Takeaway

This announcement serves as a procedural update regarding the upcoming 90th Annual General Meeting. Shareholders should note the provided dates for remote e-voting and the AGM to ensure participation. Furthermore, investors holding physical shares with pending transfer issues should take advantage of the designated re-lodgement window before February 2027. Detailed notices, the Annual Report, and additional information are available on the company's website and the respective stock exchange portals.

Key Highlights

Financial Snapshot

Rane Holdings Limited reported a standalone turnover of ₹165.69 crore for FY 2025-26. The company, which functions as a holding entity for the Rane Group, derives its revenue primarily from service fees, trademark licensing, and dividend income from strategic investments. The net worth stood at ₹628.06 crore at the close of the financial year.

Corporate Restructuring

The company highlighted a significant corporate restructuring completed on February 01, 2026. Through a scheme of demerger sanctioned by the NCLT, ZF Automotive JV US LLC (51%) and Rane Holdings Limited (49%) acquired the entire shareholding in ZF Lifetec Rane Automotive India Private Limited (ZLRAI).

ESG and Operational Governance

As an investment holding company with no manufacturing operations, the company stated that it does not identify any material sustainability risks. It has adopted the Business Responsibility & Sustainability Reporting (BRSR) framework to formalize its approach toward environmental, social, and governance (ESG) principles.

• Energy Management: The company reported a total energy consumption of 1633.34 GigaJoules in FY26. It has initiated the replacement of older air conditioners with lower GWP refrigerant and energy-efficient alternatives.
• Emissions: Scope 1 emissions were reported at 78.83 tonnes of CO2 equivalent, and Scope 2 emissions were 302.75 tonnes of CO2 equivalent.
• Compliance: The company confirmed there were no monetary or non-monetary fines, penalties, or legal actions taken against the entity by regulators in FY26.

Operational Efficiency

The company demonstrated improved working capital management, with accounts payable duration reducing to 26 days in FY26 compared to 32 days in FY25.

What This Means for Investors

The BRSR filing confirms Rane Holdings' operational status as a stable holding entity with minimal environmental liability. For investors, the key takeaways are the successful completion of the ZLRAI demerger and the company's focus on maintaining strong corporate governance, evidenced by the absence of bribery or conflict-of-interest complaints during the fiscal year. The company continues to prioritize its existing service-based business model, which relies on group-level licensing and support services.

Dividend and AGM Key Dates

Dividend Details

The company has declared a dividend of ₹47 per equity share for the financial year 2025-26. The record date for determining the eligibility of shareholders to receive this dividend is Thursday, August 06, 2026. The payment of the dividend is scheduled to be made on Monday, August 24, 2026.

90th Annual General Meeting

The 90th Annual General Meeting (AGM) of Rane Holdings Limited is scheduled for Thursday, August 13, 2026, at 3:00 PM. The meeting will be conducted via Video Conferencing (VC) and Other Audio Visual Means (OAVM), allowing shareholders to participate remotely.

E-Voting Details

Shareholders are provided with the facility to vote electronically on the resolutions proposed at the AGM. The details for the e-voting process are as follows:

• Cut-off Date: August 06, 2026
• E-voting Start: Monday, August 10, 2026, at 09:00 hrs (IST)
• E-voting End: Wednesday, August 12, 2026, by 17:00 hrs (IST)

Compliance, KYC, and Taxation Updates

• KYC Requirements: The company has issued a reminder regarding the mandatory requirement to update KYC details (including PAN, bank account details, and specimen signature) for shareholders holding securities in physical mode, pursuant to SEBI circulars.
• TDS Exemption: Shareholders wishing to claim an exemption from TDS on dividend income must submit duly filled and signed TDS exemption documents on or before Thursday, August 06, 2026. Submissions can be made via the official RTA portal or by email to the company's investor services department.
• Dividend Payment Mode: For shareholders holding shares in physical mode, dividend payments are processed exclusively through electronic mode.

Investor Takeaway

Investors should note the dividend record date of August 06, 2026, to ensure eligibility. Those holding shares in physical form are advised to verify their KYC documentation and, if applicable, submit their TDS exemption forms by the specified deadline of August 06, 2026, to avoid tax deduction on dividend income. The AGM, scheduled for August 13, 2026, serves as the platform for shareholder voting and company updates.

Key Highlights

Financial Snapshot

Profitability Analysis

While the company recorded its highest-ever consolidated revenue in FY26, the consolidated Profit After Tax (PAT) declined to ₹136.78 crore compared to ₹220.85 crore in the previous year. This performance, particularly in the consolidated figures, was impacted by a significant warranty claim following a global recall involving seatbelt components supplied by ZF Lifetec Rane Automotive India Private Limited (ZLRAI) for overseas programs.

Dividend Recommendation

The Board has recommended a final dividend of 470% for the financial year 2025-26, amounting to ₹47 per share of ₹10 face value. This payout is scheduled to be made on August 24, 2026, to eligible shareholders as of the record date of August 06, 2026.

Corporate Action and Restructuring

FY26 was a significant year for group restructuring. Rane (Madras) Limited (RML) amalgamated with Rane Brake Lining Limited and Rane Engine Valve Limited effective April 07, 2025. Additionally, ZF Lifetec Rane Automotive India Private Limited (ZLRAI) became a joint venture/associate company on February 01, 2026, following a demerger of the Occupant Safety Division from ZF Rane Automotive India Private Limited (ZRAI).

Concerns and Watch Points

What This Means for Investors

For investors, the key takeaways from the FY26 Annual Report are the strong top-line performance across the group and the proactive steps taken toward group simplification through amalgamations and joint venture realignments. While the warranty claim from a global recall created a financial headwind, the company has implemented corrective actions and incorporated these learnings into its operating processes. The company remains focused on maintaining capital allocation discipline and operational efficiency.

Investor Takeaway

The FY26 performance was characterized by record consolidated revenues despite external challenges. The management's focus on operational efficiency and organizational simplification appears to be a long-term strategic priority. Investors should monitor the progress of the joint ventures and the potential for any further warranty-related impacts, while acknowledging the steady dividend payout as a return to shareholders.

Key Highlights

Rane Holdings Limited has issued the notice for its 90th Annual General Meeting (AGM), scheduled for August 13, 2026. The meeting will be conducted through Video Conference (VC) / Other Audio Visual Means (OAVM). Key agenda items include the adoption of audited financial statements, a dividend declaration, and director appointments.

Important Figures Used

Financial Snapshot

The company has proposed a dividend of ₹47 per equity share (face value ₹10).

• Record Date: August 06, 2026.
• Eligibility: Shareholders listed in the Register of Members as of the record date are entitled to the dividend.

Corporate Governance and Appointments

• Mr. Harish Lakshman: Proposed for re-appointment as a Director. His remuneration for FY 2025-26 was ₹0.081 crore (₹81.17 lakh).
• Mr. Ramesh Rajan Natarajan: Proposed for appointment as an Independent Director for a five-year term (effective July 01, 2026). The board cited his 42 years of experience in industry and governance as key factors for this appointment.

AGM Participation Details

The company has engaged CDSL for e-voting services.

• Remote E-voting Period: August 10, 2026 (09:00 hrs IST) to August 12, 2026 (17:00 hrs IST).
• Meeting Platform: Video Conference.

What This Means for Investors

The AGM notice provides procedural updates on dividend distribution and board composition. Investors should note the record date of August 06, 2026, to ensure eligibility for the proposed dividend. The appointment of a new independent director reflects ongoing governance oversight.

Investor Takeaway

The announcement is a standard corporate compliance update for the upcoming 90th AGM. Investors should track the record date for dividend payouts and note the board composition changes. No major financial or operational surprises are indicated in this notice.

Compliance Update

Rane Holdings Limited has submitted the compliance certificate for the quarter ended June 30, 2026, in accordance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018.

Filing Details

This filing confirms that the company, working with its Registrar and Share Transfer Agent, Integrated Registry Management Services Private Limited, has completed the following actions within the stipulated timelines:

• Verified and processed all dematerialization and rematerialization requests received from Depository Participants.
• Mutilated and cancelled the original share certificates after verification.
• Substituted the name of the depositories in the company's records as the registered owner.

What This Means for Investors

This is a standard, mandatory quarterly filing required for listed companies in India. It confirms that the company is adhering to regulatory norms regarding the handling of share certificates and depository processes. Investors should view this as routine corporate governance compliance rather than a signal of business performance.

Investor Takeaway

The announcement is a procedural update required under SEBI regulations. There is no change to the company's financial or operational standing.

Summary

• Rane Holdings Limited's subsidiary, Rane Steering Systems Private Limited (RSSL), has obtained a stay order from the Hon'ble High Court of Madras.
• This order sets aside a previous order passed by the Income Tax Department's Assessment Unit (AU).
• The case has been remitted back to the AU for passing a fresh order after considering a De novo order from the Commissioner of Income Tax (Appeals).
• Previously, RSSL had been levied a penalty of ₹3.63 Crores by the Income Tax Department.

Key Numbers & Dates

• Previous Penalty: ₹3.63 Crores (levied by Income Tax Department on March 11, 2026).
• Communication Received Date: May 04, 2026.
• Previous IT Orders: March 11, 2026 (IT Dept order), March 04, 2026 (ITAT remand order).

What Changes for the Business

• The stay order from the High Court provides temporary relief from the Income Tax Department's previous order and penalty.
• RSSL is now awaiting a fresh assessment and De novo order from the Commissioner of Income Tax (Appeals), following which it will file its reply.

⚠️ What Could Go Wrong

• [Financial] The Income Tax Department may issue an unfavorable order after the fresh assessment, potentially leading to tax liabilities or penalties.
• [Financial] Despite the current stay, the ultimate financial impact on the subsidiary is uncertain until the final order from the Commissioner of Income Tax (Appeals) is issued.

What to Track Next

• The De novo order from the Commissioner of Income Tax (Appeals) and RSSL's subsequent reply and actions.

Summary

• The Board of Directors of Rane Steering Systems Private Limited (RSSL), a wholly owned subsidiary of Rane Holdings Limited, has appointed Mr. Aditya Ganesh as a Director.
• This appointment is effective from April 29, 2026.

Key Numbers & Dates

• Director Appointment Effective Date: April 29, 2026
• SEBI Master Circular Date (referenced): January 30, 2026
• SEBI Letter Date (for compliance confirmation): June 14, 2018
• Exchange Circular Date (for compliance confirmation): June 20, 2018

What Changes for the Business

• The leadership of the wholly owned subsidiary, Rane Steering Systems Private Limited, is strengthened with the appointment of Mr. Aditya Ganesh as Director.

Summary

• Rane Holdings Limited has launched its second 100-day shareholder campaign titled "Saksham Niveshak".
• The campaign is scheduled to run from April 1, 2026, to July 9, 2026.
• Notices informing shareholders about the campaign were published in English ('Business Standard') and regional language ('Hindu Tamizh Thisai') newspapers on April 22, 2026.
• This announcement is made to ensure compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Numbers & Dates

• Campaign Name: Saksham Niveshak
• Campaign Start Date: April 01, 2026
• Campaign End Date: July 09, 2026
• Campaign Duration: 100 days
• Notice Publication Date: April 22, 2026
• BSE Scrip Code: 505800
• NSE Scrip Code: RANEHOLDIN

What Changes for the Business

• The company is actively engaging its shareholders through a dedicated 100-day campaign, indicating a focus on investor relations.

What to Track Next

• Monitor the progress and outcomes of the "Saksham Niveshak" shareholder campaign.
• Look for any further communications from Rane Holdings Limited regarding shareholder engagement initiatives.

Summary

• Rane Holdings Limited's wholly-owned subsidiary, Rane Steering Systems Private Limited (RSSL), has received an order from the Customs authority.
• The order confirms a differential duty of ₹2.69 crore and levies interest and penalty totaling ₹0.20 crore.
• RSSL had previously received a Show Cause Notice concerning tariff classification for import bills.
• The company, RSSL, plans to contest the order before the appropriate authority.

Key Numbers & Dates

• Differential Duty Confirmed: ₹2.69 Crores
• Interest and Penalty Levied: ₹0.20 Crores
• Date of Order Receipt: April 16, 2026
• Period of Applicability: May 2023 to Jan 2025

What Changes for the Business

• The company will incur the confirmed differential duty, interest, and penalty, subject to the outcome of their appeal.
• Resources may be allocated to contest the order legally.

⚠️ What Could Go Wrong (source-based)

• [Legal] The company's appeal against the customs order might not be successful, leading to the payment of the confirmed duty, interest, and penalty.

What to Track Next

• Monitor the progress of RSSL's appeal against the customs order.
• Track any further developments or rulings from the appellate authority.

Summary

• Rane Holdings Limited has submitted a confirmation certificate for the quarter ended March 31, 2026, as per SEBI (Depositories and Participants) Regulations, 2018.
• This filing confirms compliance related to the dematerialization and rematerialization of the company's securities with the stock exchanges.

Key Numbers & Dates

• Quarter Period: Quarter ended March 31, 2026.
• Filing Date: April 04, 2026 (Rane Holdings Limited).

📊 Performance Summary

• Reporting Period(s): Quarter and Year ending March 31, 2026.

This filing is an intimation of an upcoming board meeting. No financial data (Revenue, Expenses, or Profit) was provided in this document.

✅ What Looks Positive

No clear positives visible in provided data.

⚠️ Risk Alerts & Concerns

No financial risk data is available in this meeting notice. The document explicitly notes the trading window will remain closed until May 17, 2026.

🧠 Investor Takeaway

This is a standard regulatory announcement regarding a future board meeting scheduled for May 15, 2026. Investors should look for the actual financial performance figures following that meeting.

Summary

• Rane Holdings Limited will hold a Board of Directors meeting on May 15, 2026.
• The primary agenda is to consider and approve the Audited Financial Results for the quarter and year ending March 31, 2026.
• The company will also observe a trading window closure from March 31, 2026, to May 17, 2026.

Key Numbers & Dates

• Board Meeting Date: May 15, 2026 (to approve Audited Financial Results)
• Trading Window Closure: March 31, 2026, to May 17, 2026

What to Track Next

• Await the outcome of the Board meeting on May 15, 2026, for the financial results.
• Monitor the end of the trading window closure on May 17, 2026.

Summary

• Promoter group members Harish Lakshman and Malavika Lakshman have purchased equity shares in Rane Holdings.
• Harish Lakshman bought a total of 4,750 shares, and Malavika Lakshman acquired 6,800 shares.
• These transactions were conducted via open market purchases.
• The disclosures were filed on March 26, 2026.

Key Numbers & Dates

• Harish Lakshman purchased 4,750 equity shares in total.
• Malavika Lakshman purchased 6,800 equity shares in total.
• A specific transaction by Harish Lakshman involved shares valued at ₹28,47,684.00 on March 23, 2026.
• A specific transaction by Malavika Lakshman involved shares valued at ₹56,55,223.50 on March 23, 2026.
• Harish Lakshman's holding increased to 1.21% post-purchase.
• Malavika Lakshman's holding increased to 6.19% post-purchase.
• Intimation dates to the company were March 26, 2026 (Harish) and March 25, 2026 (Malavika).
• The disclosure filing date was March 26, 2026.

What Changes for the Business

• Increased shareholding by promoter group members may signal confidence in the company's future prospects.
• The purchase details are disclosures made in compliance with SEBI's Prohibition of Insider Trading Regulations, 2015.

Summary

• Rane Holdings Limited shareholders have approved the payment of commission to Non-Executive and Independent Directors.
• The special resolution passed with 97.32% of votes in favor during the postal ballot e-voting process concluded on March 26, 2026.
• A total of 127 members participated in the voting.

Key Numbers & Dates

• The postal ballot sought approval for the payment of commission to Non-Executive Directors and Independent Directors.
• E-voting commenced on February 25, 2026, and concluded on March 26, 2026.
• Total votes cast: 127 members and 76,98,071 shares.
• Votes favoring the resolution: 74,91,719 shares.
• Votes against the resolution: 2,06,352 shares.
• Percentage of votes in favor: 97.32%.
• Percentage of votes against: 2.68%.

What Changes for the Business

• With shareholder approval secured, Rane Holdings Limited can now proceed with the payment of commission to its Non-Executive and Independent Directors as per the approved terms.

Results Snapshot

• Not Applicable

What to Track Next

• No specific future actions or timelines were mentioned in the announcement beyond noting the compliance and outcome.

Summary

• Rane Holdings Limited shareholders have approved a special resolution regarding the payment of commission to Non-Executive and Independent Directors.
• The approval was obtained through a postal ballot process, with voting concluding on March 26, 2026.
• The resolution received overwhelming support, with 97.32% of the votes cast in favour.

Key Numbers & Dates

• Resolution Approval Date: March 26, 2026
• E-voting Period: February 25, 2026 to March 26, 2026
• Postal Ballot Notice Date: February 14, 2026
• Record Date for Voting: February 20, 2026
• Total Valid Votes Cast: 76,98,071 shares
• Votes in Favour: 74,91,719 shares (97.32%)
• Votes Against: 2,06,352 shares (2.68%)

What Changes for the Business

• The approval allows the company to proceed with paying commission to its Non-Executive Directors and Independent Directors as per the special resolution.

What to Track Next

• The company has completed compliance with SEBI LODR regulations regarding this postal ballot outcome.

Summary

• Rane Holdings Limited's Board of Directors approved changes in Key Managerial Personnel (KMP).
• Mr. Siva Chandrasekaran will retire due to superannuation on May 31, 2026.
• Ms. S Subha Shree will be appointed as the new Company Secretary and Compliance Officer, effective June 1, 2026.

Key Numbers & Dates

• Board Meeting: March 26, 2026
• Mr. Siva Chandrasekaran Cessation: May 31, 2026 (due to superannuation)
• Ms. S Subha Shree Appointment: June 1, 2026

What Changes for the Business

• A transition in key leadership roles within the Company Secretary and Compliance Officer functions.
• The company acknowledged Mr. Siva Chandrasekaran's valuable contributions during his tenure.

Summary

• Rane Steering Systems Private Limited (RSSL), a wholly-owned subsidiary of Rane Holdings Limited, has received an order from the Income Tax Department.
• The order imposes a penalty of Rs 3.63 Crores and a tax demand of Rs 6.74 Crores for Assessment Year 2015-16.
• RSSL intends to contest the penalty and will file an appeal before the Commissioner of Income Tax (Appeals).

Key Numbers & Dates

• Penalty Imposed: ₹3.63 Crores on RSSL.
• Tax Demand: ₹6.74 Crores on RSSL.
• Assessment Year: 2015-16 (Financial Year 2014-15).
• Communication Receipt Date: March 11, 2026.
• ITAT Order Date: March 04, 2026 (cited by RSSL).
• SEBI Master Circular Date: January 30, 2026.

What Changes for the Business

• The subsidiary, RSSL, is now subject to a penalty and tax demand order from the Income Tax Department.
• RSSL has initiated a formal process to appeal this order, indicating potential legal and procedural developments.

⚠️ What Could Go Wrong

• [Financial] RSSL faces a significant financial liability of Rs.3.63 Crores as a penalty and Rs.6.74 Crores as a tax demand from the Income Tax Department.
• [Legal] RSSL is contesting the penalty and will file an appeal before the Commissioner of Income Tax (Appeals) within the prescribed time limits. The penalty order was passed without considering a previous ITAT order that remanded the case, suggesting complexity in the legal process.

What to Track Next

• The outcome of RSSL's appeal before the Commissioner of Income Tax (Appeals).

Summary

• Rane Holdings subsidiary, RSSL, is involved in a tax appeal case.
• The Income Tax Appellate Tribunal has remanded the appeal back to the Commissioner of Income Tax (Appeals) for re-adjudication.
• The case concerns a ₹6.74 crore tax demand for Assessment Year 2015-16, related to disallowed revenue expenses.
• RSSL will provide necessary justifications during the upcoming hearing.

Key Numbers & Dates

• Tax Demand (FY 2014-15): ₹6.74 Crores (exclusive of fines/penalties)
• Assessment Year: 2015-16
• Financial Year: 2014-15
• Order Received by RSSL: March 04, 2026
• Communication Received by Rane Holdings: March 11, 2026

What Changes for the Business

• The tax matter is not concluded; it's remanded for further adjudication, meaning the final tax liability is still uncertain.
• RSSL needs to prepare and present its case again before the Commissioner of Income Tax (Appeals).

⚠️ What Could Go Wrong (source-based)

• [Financial] The revenue expenses might ultimately be disallowed, leading to the ₹6.74 crore tax demand plus potential penalties.
• [Execution] RSSL needs to successfully present supporting documents and justifications to nullify the tax demand in the remanded proceedings.

What to Track Next

• Outcome of the re-adjudication by the Commissioner of Income Tax (Appeals).
• Any further developments or communication from the tax authorities.

Summary

• Rane Holdings Limited has published a newspaper advertisement regarding a special window for re-lodging physical share transfer requests.
• This action is in compliance with SEBI regulations and a specific SEBI circular dated January 30, 2026.
• The advertisement was released on March 11, 2026, in 'Business Standard' and 'Hindu Tamizh Thisai'.

Key Numbers & Dates

• Advertisement Publication Date: March 11, 2026
• SEBI Circular Date: January 30, 2026
• SEBI Circular Reference: HO/38/13/11(2) 2026-MIRSD-POD/I/3750/2026
• BSE Scrip Code: 505800
• NSE Symbol: RANEHOLDIN

What Changes for the Business

• Shareholders holding physical shares now have a special window to re-lodge their transfer requests.
• This is a procedural update to facilitate compliance with SEBI's requirements for physical share handling.

Summary

• Rane Holdings Limited has made the transcript of its earnings conference call public.
• The call took place on Tuesday, February 17, 2026.
• Investors can now access the transcript on the company's investor information website.

Key Numbers & Dates

• Earnings Conference Call Date: February 17, 2026

Krypton Industries Limited has officially notified the Bombay and Calcutta Stock Exchanges by submitting copies of newspaper advertisements published on February 24, 2026. These ads, appearing in Business Standard (English) and Duranta Barta (Bengali), confirm the successful dispatch of the company's Postal Ballot Notice. This process adheres to SEBI LODR regulations, MCA circulars, and Secretarial Standards. The information has also been uploaded to the company's website.

Rane Holdings Limited published newspaper advertisements on February 24, 2026, concerning a Postal Ballot notice dated February 14, 2026, for compliance with SEBI LODR regulations. Simultaneously, Capital Small Finance Bank Limited announced its Postal Ballot notice (dated January 29, 2026) and remote e-voting process, scheduled from February 24 to March 25, 2026. Both companies are seeking member approval via postal ballot/e-voting procedures. In parallel, a significant report highlights India's commitment to Carbon Capture, Utilisation, and Storage (CCUS), with a ₹20,000 crore budget allocation over five years to foster commercial-scale projects and support the Net Zero by 2070 goal, involving major industrial players.

Summary

• Rane Holdings Limited is seeking shareholder approval via postal ballot for a special resolution.
• The resolution concerns the payment of commission to Non-Executive and Independent Directors.
• Proposed commission: up to 1% of net profits annually, capped at ₹1.00 cr per annum.
• Approval is sought for a five-year period from April 1, 2025.
• E-voting is open from February 25 to March 26, 2026.

Key Numbers & Dates

• Commission limit: 1% of net profits per annum.
• Aggregate annual commission cap: ₹1.00 cr
• Commission period: 5 financial years (from April 01, 2025)
• Notice date: February 14, 2026
• Voting eligibility cut-off date: February 20, 2026
• E-Voting start date: February 25, 2026
• E-Voting end date: March 26, 2026

What Changes for the Business

• This postal ballot formalizes and seeks approval for the commission structure for Non-Executive and Independent Directors over the next five years.
• It aims to compensate directors appropriately based on company profits, recognizing their contributions.

⚠️ What Could Go Wrong (source-based)

• [Financial] Commission payment is contingent upon the company having sufficient profits, as per Section 198 of the Companies Act, 2013.

What to Track Next

• Outcome of the shareholder vote on the special resolution.
• Official declaration of the postal ballot results by March 28, 2026.

News Crux

Rane Holdings Limited has officially notified stock exchanges regarding the availability of the audio recording of its earnings conference call held on February 17, 2026.

Key Events

Rane Holdings Limited conducted its earnings conference call on February 17, 2026. The audio recording of this call has been made available to investors on the company's website.

Uravi Defence and Technology Limited (formerly Uravi T and Wedge Lamps Limited), Rane Holdings Limited, and Wim Plast Limited have officially published their unaudited financial results for the quarter and nine months ended December 31, 2025, in compliance with SEBI regulations. These publications include key financial metrics such as total income, net profit/loss before and after tax, and earnings per share. Separately, State Bank of India has announced an e-auction for the sale of immovable properties belonging to M/s KDJ Hospital Ltd. and M/s KDJ Hospitality Pvt Ltd. as part of recovery proceedings.

News Crux

Rane Holdings Limited announced its unaudited financial results for the quarter ended December 31, 2025 (Q3 FY26) via an earnings presentation scheduled for a conference call on Feb 17, 2026.

Quarterly Results

**Consolidated: **

• Revenue: ₹1,539.3 Cr in Q3 FY26, up 23.6% YoY.
• EBITDA: ₹116.4 Cr in Q3 FY26, up 39.5% YoY.
• EBITDA Margin: 7.6% in Q3 FY26, down 86 bps YoY.
• Net Loss: ₹39.5 Cr in Q3 FY26. This includes RHL's share of a warranty provision of ₹84.63 Cr (net off tax) related to product recall liability at a JV entity.

**Rane (Madras) Limited (Consolidated): **

• Revenue: ₹1,019 Cr in Q3 FY26.
• EBITDA: ₹95 Cr in Q3 FY26, up 37.7% YoY.
• EBITDA Margin: 9.3% in Q3 FY26.
• PAT: ₹31 Cr in Q3 FY26.

**Rane Steering Systems Private Limited: **

• Revenue: ₹519 Cr in Q3 FY26.
• EBITDA: ₹10 Cr in Q3 FY26.
• PAT: ₹-8 Cr in Q3 FY26.

**ZF Rane Automotive India Private Limited (JV): **

• Revenue: ₹702 Cr in Q3 FY26.
• EBITDA: ₹82 Cr in Q3 FY26.
• EBITDA Margin: 11.7% in Q3 FY26.
• PAT: ₹-140 Cr in Q3 FY26. Note: Includes warranty provision of ₹172.72 Cr (net off tax) for product recall liability.

Financial Deep Dive

• Consolidated revenue growth is strong YoY, driven by Rane (Madras) Ltd and Rane Steering Systems.
• EBITDA growth is also robust YoY.
• The consolidated net loss is significantly impacted by a large warranty provision at the JV entity (ZF Rane Automotive India Pvt Ltd) for product recall liability, amounting to RHL's share of ₹84.63 Cr.

⚠️ Investor Risks & Governance

• [Performance] Consolidated Net Loss: ₹39.5 Cr in Q3 FY26, primarily due to RHL's share (₹84.63 Cr net of tax) of a warranty provision for product recall liability at the joint venture entity, ZF Rane Automotive India Pvt Ltd. The JV itself incurred a net loss of ₹140 Cr due to a provision of ₹172.72 Cr.

Key Events

• Rane (Madras) Limited won orders worth Rs. 135 Cr (including Rs. 75 Cr international).
• Rane Steering Systems Private Limited won orders worth Rs. 345 Cr for domestic UV models.
• ZF Rane Automotive India Private Limited won orders worth Rs. 109 Cr (including Rs. 5 Cr international) for occupant safety products and Rs. 3 Cr for steering products.

Four companies – Ecoboard Industries Ltd, Uravi Defence and Technology Limited, Rane Holdings Limited, and Wim Plast Limited – have fulfilled regulatory requirements by publishing their unaudited financial results for the quarter and nine months ending December 31, 2025, via newspaper advertisements on February 14, 2026. These reports, approved by their respective boards, detail key financial figures, including income, profits, and EPS, providing updates to investors.

Raasi Refractories Limited officially announced the publication of its unaudited financial results for the third quarter and nine months ending December 31, 2025. This disclosure, made on February 16, 2026, adheres to SEBI regulations, with results published in "Business Standard" and "Ninadam." The report also includes financial data for Sree Rayalaseema Hi-Strength Hypo Limited, Rane Holdings Limited, Suryaamba Spinning Mills Limited, and Infronics Systems Limited, which also published their respective financial results for the same period.

The news report highlights financial results announcements from ONESOURCE INDUSTRIES AND VENTURES LIMITED (BSE: 530805), URAVI DEFENCE AND TECHNOLOGY LIMITED (BSE: 543519, NSE: URADEF), and RANE HOLDINGS LIMITED (BSE: 505054, NSE: RANE) for the quarter ended December 31, 2025. Alongside these corporate updates, a significant portion of the report details upcoming changes to Indian Income Tax Rules for 2026, including form simplifications, procedural updates, and a controversial retrospective change affecting capital gains tax exemption on Sovereign Gold Bonds.

Rane Holdings Limited has announced the publication of its unaudited consolidated financial results for the quarter and nine months ending December 31, 2025. This disclosure, in compliance with SEBI LODR Regulation 47, appeared in 'Hindu Tamizh Thisai' (February 15, 2026) and 'Business Standard' (February 16, 2026). The report details income, profit/loss, and EPS for the specified periods.

News Crux

The Board of Directors of Rane Holdings Limited, in a meeting held on February 14, 2026, approved the un-audited financial results (standalone & consolidated) for the quarter and nine months ended December 31, 2025. The results were based on the recommendations of the Audit Committee.

Quarterly Results

Standalone Results:

• For the Quarter Ended December 31, 2025:

  • Revenue from operations stood at ₹28.13 Cr (₹2,813 Lakhs), an increase of 20.9% YoY compared to ₹23.27 Cr (₹2,327 Lakhs) in Q3 FY25.
  • Profit for the period was ₹8.42 Cr (₹842 Lakhs), up 32.5% YoY from ₹6.35 Cr (₹635 Lakhs) in Q3 FY25.
  • Basic and Diluted EPS stood at ₹5.90, up from ₹4.45 in Q3 FY25.
  • Sequentially (QoQ), revenue from operations decreased significantly by 62.8% from ₹75.50 Cr (₹7,550 Lakhs) in Q2 FY26 to ₹28.13 Cr.
  • Profit for the period also saw a sharp QoQ decline of 82.2%, from ₹47.39 Cr (₹4,739 Lakhs) in Q2 FY26 to ₹8.42 Cr.

• For the Nine Months Ended December 31, 2025:

  • Revenue from operations was ₹129.35 Cr (₹12,935 Lakhs), an increase of 11.3% YoY from ₹116.16 Cr (₹11,616 Lakhs) in the same period last year.
  • Profit for the period was ₹62.61 Cr (₹6,261 Lakhs), a modest increase of 5.4% YoY from ₹59.37 Cr (₹5,937 Lakhs) in the prior year period.
  • Basic and Diluted EPS stood at ₹43.84, up from ₹41.58 in the nine months ended December 31, 2024.

Consolidated Results:

• For the Quarter Ended December 31, 2025:

  • Revenue from operations stood at ₹1,534.62 Cr (₹1,53,462 Lakhs), an increase of 23.7% YoY compared to ₹1,240.56 Cr (₹1,24,056 Lakhs) in Q3 FY25.
  • The company reported a Net Loss for the period of ₹39.51 Cr (₹(3,951) Lakhs), a significant deterioration from a profit of ₹4.22 Cr (₹422 Lakhs) in Q3 FY25.
  • Basic and Diluted EPS was ₹(35.41), compared to ₹2.27 in Q3 FY25.
  • Sequentially (QoQ), revenue from operations increased by 9.7% from ₹1,399.22 Cr (₹1,39,922 Lakhs) in Q2 FY26 to ₹1,534.62 Cr.
  • However, the profit for the period turned into a loss of ₹39.51 Cr (₹(3,951) Lakhs) compared to a profit of ₹31.26 Cr (₹3,126 Lakhs) in Q2 FY26.

• For the Nine Months Ended December 31, 2025:

  • Revenue from operations was ₹4,274.66 Cr (₹4,27,466 Lakhs), a substantial increase of 43.1% YoY from ₹2,987.91 Cr (₹2,98,791 Lakhs) in the same period last year.
  • However, Profit for the period sharply declined by 76.5% YoY to ₹49.24 Cr (₹4,924 Lakhs) from ₹209.12 Cr (₹20,912 Lakhs) in the prior year period.
  • Basic and Diluted EPS stood at ₹16.60, down from ₹135.90 in the nine months ended December 31, 2024.

Financial Deep Dive

• The consolidated net loss for Q3 FY26 was significantly impacted by a reported loss of ₹84.63 Cr (₹8,463 Lakhs) from joint ventures/associates. Note 5 details that this includes a warranty provision by ZF Rane Automotive India Private Limited (ZRAI) due to product recall liability.
• Consolidated results for the nine months ended December 31, 2025, show exceptional income of ₹12.98 Cr (₹1,298 Lakhs), which was lower than the substantial exceptional gains recorded in the prior year periods (e.g., ₹200.95 Cr for FY25).
• The standalone revenue experienced a sharp sequential drop of 62.8% in Q3 FY26 compared to Q2 FY26, indicating a potential short-term demand slowdown or project-specific revenue recognition patterns.

⚠️ Investor Risks & Governance

• [Poor Performance] - Rane Holdings Limited : Consolidated Q3 FY26 reported a net loss of ₹39.51 Crores. Standalone revenue saw a significant sequential drop of 62.8% QoQ. Consolidated results were impacted by a large warranty provision from JV ZRAI amounting to ₹84.63 Crores.
• The considerable year-on-year drop in consolidated profit for the nine-month period (down 76.5%) is a concern, largely attributable to the swing from significant exceptional gains in FY25 to lower gains/expenses in FY26 and adverse JV performance.

Key Events

• The Board of Directors approved the proposal for commission on profits to Non-Executive Directors and Independent Directors, subject to shareholder approval.
• [Corporate Restructuring] - Rane Holdings Limited Details: NCLT sanctioned demerger of ZF Rane Automotive India Private Limited (ZRAI) into ZF Lifetec Rane Automotive India Private Limited (ZLRAI), effective February 1, 2026.

Outlook

No forward-looking guidance or outlook statements were provided in the reported financial results.

News Crux

The Board of Directors of Rane Holdings Limited, at its meeting held on February 14, 2026, approved the un-audited financial results (standalone and consolidated) for the quarter and nine months ended December 31, 2025. The Board also approved a proposal for commission on profits to Non-Executive Directors and Independent Directors, subject to shareholder approval, and authorized the notice of Postal Ballot for this purpose.

Quarterly Results

Standalone Results:

• Q3 FY26 vs Q3 FY25 (YoY): Revenue from operations increased by 20.9% to ₹2,813 Lakhs from ₹2,327 Lakhs. Profit for the period (PAT) grew significantly by 32.6% to ₹842 Lakhs from ₹635 Lakhs. Earnings Per Share (EPS) Basic and Diluted rose to ₹5.90 from ₹4.45.
• Q3 FY26 vs Q2 FY26 (QoQ): Revenue from operations decreased by 62.7% to ₹2,813 Lakhs from ₹7,550 Lakhs. PAT saw a sharp decline of 82.2% to ₹842 Lakhs from ₹4,739 Lakhs.
• 9M FY26 vs 9M FY25 (YoY): Revenue from operations grew by 11.35% to ₹12,935 Lakhs from ₹11,616 Lakhs. PAT increased by 5.46% to ₹6,261 Lakhs from ₹5,937 Lakhs. EPS stood at ₹43.84 compared to ₹41.58.

Consolidated Results:

• Q3 FY26 vs Q3 FY25 (YoY): Revenue from operations increased by 23.7% to ₹1,53,462 Lakhs from ₹1,24,056 Lakhs. However, the company reported a consolidated Net Loss of ₹3,951 Lakhs for the quarter, compared to a Profit of ₹422 Lakhs in the corresponding period last year. EPS turned negative at (₹35.41) from ₹2.27.
• Q3 FY26 vs Q2 FY26 (QoQ): Revenue from operations grew by 9.7% to ₹1,53,462 Lakhs from ₹1,39,922 Lakhs. The company registered a Net Loss of ₹3,951 Lakhs in Q3 FY26, compared to a Profit of ₹3,126 Lakhs in Q2 FY26.
• 9M FY26 vs 9M FY25 (YoY): Revenue from operations surged by 43.05% to ₹4,27,466 Lakhs from ₹2,98,791 Lakhs. Profit Before Tax (PBT) declined by 71.79% to ₹8,453 Lakhs from ₹29,968 Lakhs. Profit for the period (PAT) dropped sharply by 76.44% to ₹4,924 Lakhs from ₹20,912 Lakhs. EPS declined to ₹16.60 from ₹135.90.

Financial Deep Dive

The stark divergence between standalone and consolidated performance highlights significant impact from subsidiaries and joint ventures. While standalone revenue and profit showed growth, consolidated results were heavily impacted by substantial losses from joint ventures and exceptional items. The consolidated PBT for Q3 FY26 was a loss of ₹2,541 Lakhs, compounded by a share of loss from JVs/associates of ₹6,932 Lakhs and exceptional items of ₹87 Lakhs, leading to the net loss. For the nine months ended December 31, 2025, consolidated revenue grew 43%, but PAT fell 76.4% due to a ₹4,466 Lakhs share of loss from JVs and an exceptional income of ₹1,757 Lakhs (primarily land sale and insurance claims) that was insufficient to offset the decline. Notably, ZF Rane Automotive India Private Limited (ZRAI), a joint venture, recorded a significant provision of ₹8,463 Lakhs for warranty related to product recall liability during the nine months ended December 31, 2025.

⚠️ Investor Risks & Governance

• [POOR PERFORMANCE] Consolidated net loss of ₹3,951 Lakhs in Q3 FY26, a significant deterioration from a profit in the prior year. Furthermore, consolidated PAT for 9M FY26 declined by 76.4% YoY despite strong revenue growth.
• [OPERATIONAL CONCERN / GOVERNANCE] The joint venture ZRAI recorded a substantial warranty provision of ₹8,463 Lakhs for product recall liability, indicating potential quality control or safety issues that are impacting consolidated financial performance.
• [REGULATORY & OPERATIONAL] The Central Government has notified new Labour Codes. The Group has recorded an incremental impact of ₹618 Lakhs as employee benefits expense for 9M FY26, and will continue to monitor developments.

Key Events

• Director Commission: Board approved a proposal for commission on profits to Non-Executive Directors and Independent Directors, pending shareholder approval.
• Amalgamation: Rane (Madras) Limited (RML) allotted shares following the amalgamation of Rane Engine Valve Limited (REVL) and Rane Brake Lining Limited (RBL) with RML.
• Land Sale by RML: RML has an agreement to sell 3.48 acres of land in Velachery for ₹36,118 Lakhs, with an advance of ₹13,000 Lakhs received by December 31, 2025.
• Demerger: The National Company Law Tribunal (NCLT) sanctioned the scheme for demerger of ZRAI's Occupant Safety Division into ZF Lifetec Rane Automotive India Private Limited (ZLRAI), effective February 1, 2026. RHL will hold 49% in ZLRAI.
• Subsidiary Acquisition: Rane Steering Systems Private Limited (RSSL, formerly Rane NSK Steering Systems), became a wholly owned subsidiary of RHL from September 19, 2024, after RHL acquired the remaining stake from NSK Japan.

Outlook

No forward-looking financial guidance or strategic outlook statements were provided in the released results.

Rane Holdings Limited has issued a formal notification regarding its upcoming Earnings Conference Call. The call is scheduled for Tuesday, February 17, 2026, at 15:00 IST. The primary purpose of this conference call is to discuss the unaudited financial results of the Rane Group of Companies, including Rane (Madras) Limited and Rane Holdings Limited, for the third quarter of the fiscal year 2026, ending December 31, 2025.

While the specific financial performance data, such as revenue, profit, or margins, is not disclosed in this announcement, the call will serve as a platform for management to present these figures and provide insights into the company's operational performance. Senior management representatives, including Mr. P.A. Padmanabhan (President – Finance and Group CFO) and Mr. J. Ananth (Executive Vice President – Finance and CFO, Rane Holdings Limited), are expected to participate.

Investors and analysts will have the opportunity to hear management's commentary on the company's current standing and future outlook during the call. The company has provided comprehensive dial-in details and an option for pre-registration via DiamondPassTM to ensure a smooth participant experience. Following the call, the presentation and transcript will be uploaded to the company's official website, www.ranegroup.com, in compliance with SEBI (LODR) Regulations 2015. This announcement precedes the official results disclosure and the subsequent detailed discussion.

The text announces an Earnings Conference Call for Rane Group companies, Rane (Madras) Limited and Rane Holdings Limited. The call is scheduled for Tuesday, February 17, 2026, at 15:00 hours IST. Its purpose is to discuss the unaudited financial results for the third quarter of the fiscal year 2026, which ended on December 31, 2025.

The announcement provides detailed dial-in information for participants in India, including two primary numbers (+91 22 6280 1107 / +91 22 7115 8008). International toll-free numbers are also listed for the USA, UK, Singapore, and Hong Kong. A pre-registration facility is available through DiamondPass™ to expedite the joining process.

Key management representatives from Rane Group expected to attend and discuss the results include Mr. P.A. Padmanabhan (President – Finance and Group CFO), Mr. J. Ananth (Executive Vice President – Finance and CFO, Rane Holdings Limited), and Mr. S. Prasad (Associate Vice President – Corporate Planning, Rane Holdings Limited).

The company also directs stakeholders to its official website, www.ranegroup.com, where the presentation and a transcript of the call will be made available after the event. The text briefly describes Rane Group as a Chennai-based auto component manufacturer with over six decades of experience, supplying various components to major OEMs and aftermarket players globally.

This announcement serves as a regulatory disclosure and an invitation to investors and analysts, but it does not contain the actual financial results, performance metrics, or management guidance that will be presented during the conference call.

Rane Holdings Limited has announced a change in Key Managerial Personnel (KMP) at its wholly-owned subsidiary, Rane Steering Systems Private Limited (RSSL), in compliance with SEBI LODR regulations.

The key changes at RSSL are:

• Cessation of Company Secretary: Mr. V Sethuraman will cease to hold the office of Company Secretary effective the closure of business hours on February 03, 2026. He will continue his role as Chief Financial Officer of RSSL. This change is stated to be due to internal re-organization.
• Appointment of New Company Secretary: Mr. S Anand has been appointed as the Company Secretary of RSSL, effective February 04, 2026. Mr. Anand is a member of the Institute of Company Secretaries of India with over 6 years of post-qualification experience. He has been associated with the Rane Group since March 2020, previously holding the position of Secretary for other companies within the group.

This announcement pertains solely to corporate governance and KMP changes and does not include financial results, performance indicators, or forward-looking guidance.

Rane Holdings Limited announced on February 3, 2026, that its Finance Committee of the Board of Directors has approved an additional short-term inter-corporate loan of up to Rs. 15 Crores, to be disbursed in one or more tranches, to its wholly-owned subsidiary, Rane Steering Systems Private Limited (RSSL).

This new funding support increases the total inter-corporate loan exposure to RSSL to Rs. 40 Crores. The company had previously provided a loan of Rs. 25 Crores to RSSL in November 2025.

The loan is designated for RSSL's general corporate purposes and operational expenses. It is an unsecured loan with a tenure of up to one year, including an option for rollover based on mutual agreement.

The disclosure specifies that Rane Holdings Limited holds a 100% equity stake in RSSL. The transaction is considered a related party transaction but is conducted at arm's length, with interest payable monthly and quarterly resets.

No quarterly or annual financial results, specific guidance, or outlook were provided in this announcement. The primary focus is on the financial support extended to the subsidiary to ensure its operational continuity.

Rane Holdings Limited (RHL) has announced a significant corporate restructuring through a Scheme of Demerger involving ZF Rane Automotive India Private Limited (ZRAI) and ZF Lifetec Rane Automotive India Private Limited (ZLRAI). As per the scheme, ZLRAI, the resulting company, allotted 42,81,740 equity shares of face value Rs.10/- each to RHL on February 1, 2026. This allotment results in RHL holding a 49% stake in ZLRAI, which is classified as an associate company. RHL maintains its existing 49% shareholding in ZF Rane Automotive India Private Limited (ZRAI) subsequent to the demerger.

ZF Lifetec Rane Automotive India Private Limited (ZLRAI) is primarily engaged in the manufacture and sale of occupant safety systems and related equipment for the automotive components industry, including products such as seat belts, airbags, and safety electronic systems. The company was incorporated on July 04, 2024. The transaction is considered an arm's length deal, with shares allotted at fair value based on a share entitlement ratio approved under the Scheme of Demerger sanctioned by the Hon'ble National Company Law Tribunal, Chennai Bench. The share allotment is in consideration for the assets and liabilities of the occupant safety business transferred from ZRAI to ZLRAI. No specific financial figures like turnover, revenue, profit, or market capitalization for ZLRAI or the impact on RHL's financials were detailed in the announcement. There were no mentions of future guidance, operational metrics, or specific financial deep dives in this disclosure.

Rane Holdings Limited has announced that its wholly owned subsidiary, Rane Steering Systems Private Limited (RSSL), received a communication on January 10, 2026, from the Office of the Deputy Commissioner of Income Tax, Transfer Pricing, Chennai. The communication is an order under Section 92CA(3) of the Income Tax Act, 1961.

The order pertains to a proposed downward adjustment of ₹2.33 Crores concerning a raw material purchase transaction, achieved by excluding miscellaneous expenses and rates and taxes from the computation of the operating margin. This adjustment is applicable for the Assessment Year 2023-24 (Financial Year 2022-23).

The expected financial implication on Rane Holdings Limited, through its subsidiary RSSL, is estimated at ₹0.59 Crores, exclusive of any applicable interest and penalties. RSSL is currently in consultation with its consultants and tax advisors and plans to contest the order before the appropriate authority.

Rane Holdings Limited submitted a report on January 09, 2026, to NSE and BSE regarding physical share transfer requests for the period December 01, 2025, to January 06, 2026. The company indicated 'Not Applicable' for all metrics related to received, processed, approved, and rejected requests, signifying no activity during the period. This filing adheres to SEBI Circular No. SEBI/HO/MIRSD-PoD/P/CIR/2025/97 and provides a standard operational compliance update.

Rane Holdings Limited has released financial results for Q1 and Q2 of FY26, alongside several operational and regulatory updates.

Q1 FY26 Performance: The company reported a robust consolidated performance for the first quarter ended June 30, 2025. Consolidated revenue from operations surged by 61.4% year-on-year to ₹1,34,082 Lakhs. Consolidated Profit After Tax (PAT) attributable to owners increased by a substantial 287% year-on-year to ₹5,078 Lakhs, translating to an EPS of ₹35.57. Including exceptional items, the consolidated PAT stood at ₹5,749 Lakhs, up 195% YoY, with exceptional income of ₹1,546 Lakhs from land sale and insurance claims significantly contributing to the profit. This strong consolidated growth was juxtaposed with a significant decline in standalone performance, where PAT fell 82% YoY to ₹681 Lakhs on a 54.8% drop in revenue.

Q2 FY26 Performance: For the second quarter ended September 30, 2025, consolidated revenue grew by 46.3% year-on-year to ₹1,34,082 Lakhs. However, consolidated PAT attributable to owners saw a considerable decrease of 71.5% year-on-year to ₹5,078 Lakhs, primarily due to the absence of significant exceptional gains recorded in the prior year's comparable quarter. Standalone operations also reflected a decline, with revenue falling 27.9% YoY and PAT dropping 56.9% YoY. For the half-year ended September 30, 2025, consolidated revenue increased by 56.8% YoY to ₹2,74,004 Lakhs, but PAT attributable to owners decreased by 56.7% YoY to ₹7,427 Lakhs. The company's consolidated debt stood at ₹97,841 Lakhs.

Subsidiary Operations: Rane Steering Systems Private Limited (RSSL) repaid its entire ₹50 crore loan to the parent company. Rane Holdings also made a ₹50 crore investment into RSSL. RSSL has been issued tax demands from various authorities, including ₹6.74 Cr from the Income Tax Department and ₹8.87 Cr from Haryana State Tax authorities, with further notices from Chennai tax authorities. However, a final order from Chennai authorities levied a reduced demand of ₹1.09 Lakhs.

Credit Rating: ICRA reaffirmed Rane Holdings Limited's long-term credit rating at '[ICRA] AA-' with a 'Stable' outlook, indicating a strong credit profile.

Other Announcements: The company announced securing new orders totaling over ₹796 Crores. It also scheduled board meetings for financial results approval for Q2/H1 FY26 (November 14, 2025) and Q3/YTD FY26 (February 14, 2026), with a trading window closure from December 31, 2025, to February 16, 2026. An analyst meet was also scheduled for November 27, 2025.

Rane Holdings Limited has reported a series of significant events and financial results covering Q1 and Q2 FY26.

Promoter Activity: On December 31, 2025, the company disclosed inter-se transfers of shares among promoter group members. Rathika R Sundaresan sold 52,500 equity shares, while Ganesh L and Harish Lakshman each purchased 26,250 equity shares, indicating shifts in shareholding within the promoter group.

Financial Performance:

• Q1 FY26: The company reported strong consolidated results with revenue from operations growing by 61.4% year-on-year to ₹1,34,082 Lakhs. Consolidated Profit After Tax (PAT) surged by 195% YoY to ₹5,749 Lakhs, significantly boosted by exceptional income of ₹1,546 Lakhs from land sale and insurance claims. However, standalone PAT saw a considerable decline of 82% YoY.
• Q2 FY26: Consolidated revenue increased by 46.3% YoY to ₹1,34,082 Lakhs. Consolidated PAT attributable to owners decreased by 69.0% YoY to ₹5,749 Lakhs, primarily due to the absence of a substantial ₹21,350 Lakh exceptional gain recorded in the corresponding quarter of the previous year. Standalone revenue and PAT also declined YoY.
• H1 FY26: Consolidated revenue grew by 56.8% YoY to ₹2,74,004 Lakhs, while consolidated PAT attributable to owners fell by 56.7% YoY to ₹7,427 Lakhs.

Subsidiary Updates:

• Tax Demands: Rane Steering Systems Private Limited (RSSL), a wholly-owned subsidiary, faces multiple tax-related challenges. It received an order demanding ₹6.74 Cr from the Income Tax Department for AY 2015-16 and a GST demand of ₹4.91 Cr from Haryana authorities for FY21-22, plus a separate GST notice from Chennai (South) Division for ₹20.21 Cr, with RSSL intending to contest these. However, a final GST demand of ₹1.09 lakhs was levied by Chennai authorities, which the company considers negligible.
• Loan Repayment: RSSL completed the repayment of its entire ₹50 crore loan from Rane Holdings.
• New Orders: Subsidiaries secured new orders exceeding ₹796 Cr.

Credit Ratings: ICRA reaffirmed Rane Holdings' long-term rating at '[ICRA] AA-' with a 'Stable' outlook. RSSL also received a 'Crisil A-/Stable' rating for its banking facilities.

Outlook: The company has scheduled its Board Meeting on February 14, 2026, to approve Q3 and YTD FY26 financial results.

Rane Holdings Limited (RHL) has officially submitted a regulatory filing to the BSE and NSE, intimating that a meeting of its Board of Directors is scheduled for February 14, 2026. The primary purpose of this meeting is to consider and approve the company's unaudited financial results for both standalone and consolidated operations for the third quarter and the nine-month period ending December 31, 2025. In compliance with SEBI regulations and Rane's internal code of conduct for preventing insider trading, the 'Trading Window' for all designated persons, including promoters, directors, and other connected individuals, will be closed. This closure will be effective from December 31, 2025, and will remain in effect until February 16, 2026, inclusive. This measure is taken to ensure that no insider trading activities occur during the sensitive period leading up to and immediately following the announcement of the financial results.

Rane Holdings Limited has scheduled a meeting of its Board of Directors on February 14, 2026, to consider and approve the unaudited financial results (standalone and consolidated) for the quarter and nine-months period ending December 31, 2025.

In compliance with SEBI LODR Regulations and the company's insider trading code, the 'Trading Window' for promoters, directors, connected persons, and designated employees will be closed from December 31, 2025, to February 16, 2026, inclusive. This is to prevent potential insider trading ahead of the financial results announcement.

This announcement follows the company's Q2 FY26 financial results reported on November 14, 2025. Consolidated revenue from operations increased by 46.3% year-on-year to ₹1,34,082 Lakhs. However, consolidated profit after tax attributable to owners decreased by 71.5% year-on-year to ₹5,078 Lakhs, primarily due to the absence of significant exceptional gains recorded in the corresponding quarter of the previous year. Standalone revenue declined by 27.9% year-on-year, with standalone PAT falling by 56.9% YoY.

For the half-year ended September 30, 2025 (H1 FY26), Rane Holdings reported consolidated revenue growth of 56.8% YoY to ₹2,74,004 Lakhs, while consolidated PAT attributable to owners declined by 56.7% YoY to ₹7,427 Lakhs. Consolidated debt stood at ₹97,841 Lakhs as of September 2025.

The company has also seen various regulatory updates concerning its subsidiaries, including Rane Steering Systems Private Limited (RSSL). While RSSL faced significant tax demands from GST and Income Tax departments in earlier periods, a recent tax order for FY21-22 indicated a substantially reduced final demand of ₹1.09 Lakhs, which the company plans to pay. ICRA reaffirmed the '[ICRA] AA-' rating with a 'Stable' outlook for the company's banking facilities.

Rane Holdings Limited has scheduled a meeting of its Board of Directors on February 14, 2026, to consider and approve the unaudited financial results (standalone and consolidated) for the quarter and nine-months period ending December 31, 2025.

In compliance with SEBI LODR Regulations and the company's insider trading code, the 'Trading Window' for promoters, directors, connected persons, and designated employees will be closed from December 31, 2025, to February 16, 2026, inclusive. This is to prevent potential insider trading ahead of the financial results announcement.

This announcement follows the company's Q2 FY26 financial results reported on November 14, 2025. Consolidated revenue from operations increased by 46.3% year-on-year to ₹1,34,082 Lakhs. However, consolidated profit after tax attributable to owners decreased by 71.5% year-on-year to ₹5,078 Lakhs, primarily due to the absence of significant exceptional gains recorded in the corresponding quarter of the previous year. Standalone revenue declined by 27.9% year-on-year, with standalone PAT falling by 56.9% YoY.

For the half-year ended September 30, 2025 (H1 FY26), Rane Holdings reported consolidated revenue growth of 56.8% YoY to ₹2,74,004 Lakhs, while consolidated PAT attributable to owners declined by 56.7% YoY to ₹7,427 Lakhs. Consolidated debt stood at ₹97,841 Lakhs as of September 2025.

The company has also seen various regulatory updates concerning its subsidiaries, including Rane Steering Systems Private Limited (RSSL). While RSSL faced significant tax demands from GST and Income Tax departments in earlier periods, a recent tax order for FY21-22 indicated a substantially reduced final demand of ₹1.09 Lakhs, which the company plans to pay. ICRA reaffirmed the '[ICRA] AA-' rating with a 'Stable' outlook for the company's banking facilities.

Rane Holdings Limited has disclosed a significant regulatory update concerning its wholly-owned subsidiary, Rane Steering Systems Private Limited (RSSL). Following a Show Cause Notice issued on September 29, 2025, RSSL has now received an order from the Deputy Excise and Taxation Commissioner (State Tax), Haryana. This order levies interest and penalty amounting to Rs. 4.91 Crores (including Tax/Interest/Penalty) for the period April 2021 - March 2022. The issues primarily relate to the secondment of employees treated as an import of service liable for reverse charge tax, and disputes in Input Tax Credit (GSTR 2A vs GSTR 3B). RSSL intends to contest this order before the appropriate authority. This development comes after previous disclosures regarding tax notices for GST (up to ₹20.21 Cr) and Income Tax (₹6.74 Cr) on RSSL.

In terms of financial performance, Rane Holdings had reported its Q1 FY26 results with consolidated revenue increasing by 61.4% YoY to Rs. 1,340.82 Cr and PAT attributable to owners growing by 287% YoY to Rs. 50.78 Cr, supported by Rs 15.5 Cr in exceptional income from land sale and insurance claims. However, standalone PAT saw an 82% YoY decline. For Q2 FY26, consolidated revenue rose 46.3% YoY to Rs. 1340.82 Cr, but PAT attributable to owners fell 71.5% YoY to Rs. 50.78 Cr, largely due to the absence of significant exceptional gains recorded in the prior year. Standalone revenue and PAT also declined YoY.

On a positive note, RSSL secured significant new orders totaling over Rs 796 Cr across its subsidiaries. Additionally, ICRA reaffirmed its long-term credit rating of '[ICRA] AA-' with a 'Stable' outlook for Rane Holdings Limited's banking facilities.

Rane Holdings Limited announced on December 18, 2025, that ICRA Limited has reaffirmed the credit ratings for the company's existing bank loan facilities totaling Rs. 100 Crores.

The reaffirmation includes a long-term rating of '[ICRA] AA-' with a 'Stable' outlook for Rs. 80 Crores, covering Term Loan and Cash Credit facilities. Additionally, for the Rs. 20 Crores of unallocated bank facilities, ICRA has reaffirmed the long-term rating of '[ICRA] AA-' (Stable) and assigned a short-term rating of '[ICRA] A1+'.

This reaffirmation by ICRA indicates the agency's continued assessment of Rane Holdings' stable financial health and its ability to service its debt obligations. The ratings are subject to surveillance and may be reviewed by ICRA if new information becomes available or circumstances impacting the company's debt servicing capability arise. The rating letter from ICRA is dated December 18, 2025, and the ratings are due for surveillance within one year.

Rane Holdings Limited (RHL) announced its unaudited consolidated financial results for the first quarter ended June 30, 2025 (Q1 FY26), showcasing a divergent performance across its entities.

Performance Highlights:

• Consolidated: Revenue from operations surged by 61.4% year-on-year to ₹1,34,082 Lakhs. Consolidated Profit After Tax (PAT) witnessed a substantial jump of 195% year-on-year to ₹5,749 Lakhs. This significant PAT growth was primarily driven by exceptional income amounting to ₹1,546 Lakhs, attributed to land sale proceeds and insurance claims. Basic Earnings Per Share (EPS) for Q1 FY26 stood at ₹35.57, a significant increase from ₹9.19 in Q1 FY25.
• Standalone: In contrast, the company's standalone performance showed a decline. Standalone revenue from operations fell by 54.8% year-on-year to ₹2,573 Lakhs, and standalone PAT witnessed a steep drop of 82% year-on-year to ₹681 Lakhs. Management noted comparability issues in consolidated financials due to the consolidation of Rane Steering Systems Private Limited (RSSL).

Financial Deep Dive & Key Events:

• The company's consolidated debt stood at ₹97,841 Lakhs (₹978.41 Cr) as of September 30, 2025.
• Key subsidiaries continued to secure new business, with significant new orders totaling over ₹796 Cr across its subsidiaries.
• Subsidiary Tax Issues: Rane Steering Systems Private Limited (RSSL) faces tax-related challenges. The Income Tax Department dismissed RSSL's appeal related to Assessment Year 2015-16, resulting in a tax demand of ₹6.74 Cr. RSSL intends to file a further appeal. Additionally, RSSL received a Show Cause Notice from Haryana GST authorities for FY 2021-22 alleging tax non-payment issues, with potential implications of ₹8.87 Cr, and another notice from Chennai ST for the same period with implications of ₹20.21 Cr. However, a subsequent tax order for 2021-22 related to ITC discrepancies resulted in a final demand of only ₹1.09 Lakhs, which the company plans to pay.

Outlook & Future Events:

• Rane Holdings, along with Rane (Madras) Limited, scheduled an Earnings Conference Call on November 18, 2025, to discuss the unaudited financial results for the quarter ending September 30, 2025 (Q2 FY26). A Board meeting was scheduled for November 14, 2025, to approve these results.
• The company also provided updates on routine compliance matters, including a public notice regarding a special window for re-lodging physical share transfer requests, valid until January 6, 2026.

Rane Holdings Limited announced mixed financial performance across its reported quarters in FY26.

Q1 FY26 Performance:
Consolidated revenue from operations grew by 61.4% year-on-year (YoY) to ₹1,34,082 Lakhs (₹1,340.82 Cr). Consolidated Profit After Tax (PAT) attributable to owners surged by 287% YoY to ₹5,078 Lakhs (₹50.78 Cr), with basic EPS at ₹35.57. This significant PAT growth was substantially aided by exceptional income of ₹1,546 Lakhs (₹15.46 Cr) primarily from land sale and insurance claims. However, on a standalone basis, PAT saw a steep decline of 82% YoY to ₹681 Lakhs (₹6.81 Cr), with standalone revenue falling by 54.8% YoY to ₹2,573 Lakhs (₹25.73 Cr). The company noted comparability issues due to the consolidation of Rane Steering Systems Private Limited (RSSL).

In Q1 FY26, the company also secured significant new orders totaling over ₹796 Cr across its subsidiaries.

Q2 FY26 Performance:
Consolidated revenue increased by 46.3% YoY to ₹1,34,082 Lakhs (₹1,340.82 Cr). However, PAT attributable to owners decreased by 71.5% YoY to ₹5,078 Lakhs (₹50.78 Cr), primarily due to the absence of substantial exceptional gains recorded in the prior year's quarter. Standalone revenue declined by 27.9% YoY to ₹7,550 Lakhs (₹75.50 Cr), with standalone PAT falling by 56.9% YoY to ₹681 Lakhs (₹6.81 Cr). Consolidated debt stood at ₹97,841 Lakhs (₹978.41 Cr) as of H1 FY26.

Subsidiary Developments (RSSL):

• Financials: RSSL completed the repayment of its entire ₹50 crore loan from the parent company. Rane Holdings also made a ₹50 crore cash investment into RSSL for its operational and capital expenditure needs.
• Tax Matters: RSSL received tax notices.
  • Income Tax Department demanded ₹6.74 Cr for Assessment Year 2015-16 concerning disallowed revenue expenses, which RSSL intends to appeal.
  • The Deputy Excise & Taxation Commissioner (State Tax), Haryana, issued a notice for fiscal year April 2021-March 2022, alleging tax non-payment issues, with potential implications of ₹8.87 Cr (including tax, interest, and penalties).
  • The Assistant Commissioner (ST), Chennai, issued a notice related to audit observations for April 2021-March 2022, with total expected financial implications of ₹20.21 Cr. However, a subsequent tax order for FY 2021-22 led to a significantly reduced final demand of ₹1.09 Lakhs, which RSSL accepted and planned to pay.
• Credit Rating: RSSL's banking facilities were assigned a 'Crisil A-/Stable' rating.

Other Disclosures:

Rane Holdings held its 89th Annual General Meeting on August 12, 2025, where shareholders approved financial statements and dividends. The company also published notices regarding physical share transfers and provided monthly compliance updates. A board meeting is scheduled for November 14, 2025, to approve Q2 and H1 FY26 results, with a trading window closure from September 30 to November 16, 2025. An earnings conference call for Q2 FY26 results was scheduled for November 18, 2025, and an investor meet was planned for November 27, 2025.

Rane Holdings also received a voluntary ESG rating of 'Crisil ESG 43'.

Rane Holdings Limited has announced that a physical meeting with analysts and investors is scheduled for November 27, 2025, in Chennai. The meeting will involve group discussions with ICICI Securities Limited from 14:00 hrs (IST) to 15:15 hrs (IST). The company has clarified that no unpublished price-sensitive information will be shared or discussed during the meet. The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Rane Holdings announced its unaudited Q2 FY26 financial results, reporting a consolidated revenue increase of 46.3% year-on-year to ₹1,34,082 Lakhs (₹1,340.82 Cr). However, consolidated Profit After Tax attributable to owners saw a substantial decline of 71.5% year-on-year, reaching ₹5,078 Lakhs. This significant drop was primarily attributed to the absence of considerable exceptional gains (₹21,350 Lakhs) that were recognized in the corresponding quarter of the previous fiscal year (Q2 FY25). On a standalone basis, revenue declined by 27.9% YoY to ₹7,550 Lakhs, with PAT falling by 56.9% YoY to ₹681 Lakhs.

For the half-year ended September 30, 2025 (H1 FY26), consolidated revenue grew by 56.8% YoY to ₹2,74,004 Lakhs, while consolidated PAT attributable to owners decreased by 56.7% YoY to ₹7,427 Lakhs. The company's consolidated debt stood at ₹97,841 Lakhs as of September 30, 2025.

Earlier, for Q1 FY26, Rane Holdings had reported strong consolidated performance with revenue up 61.4% YoY to ₹1,346 Cr and PAT up 195% to ₹57.5 Cr, aided by ₹15.5 Cr in exceptional income from asset disposals. The company also secured new orders totaling over ₹796 Cr across its subsidiaries during this period.

Separately, Rane Steering Systems Private Limited (RSSL), a wholly-owned subsidiary, is navigating significant tax-related challenges. The Income Tax Department's National Faceless Appeal Centre dismissed RSSL's appeal against an order under Section 147, leading to a demand of ₹6.74 Cr for Assessment Year 2015-16. Furthermore, RSSL received two Show Cause Notices from GST authorities on September 29, 2025. One from Haryana alleges tax non-payment for FY 2021-22 with potential implications of ₹8.87 Cr. Another from Chennai for the same period cited audit observations with potential liabilities of ₹20.21 Cr. A subsequent order on November 10, 2025, from Chennai significantly reduced the final demand to ₹1.09 Lakhs. RSSL intends to contest the Income Tax demand and is preparing its responses to the GST notices.

The company made available the audio recording of its earnings conference call held on November 18, 2025, where management discussed the Q2 FY26 financial results.

Rane Holdings Limited has published its unaudited financial results for the quarter and half-year ended September 30, 2025, in leading newspapers including 'Business Standard' and 'Hindu Tamizh Thisai'. The company reported a consolidated revenue from operations of ₹140,983 Lakhs for Q2 FY26, a substantial increase from ₹92,001 Lakhs in the same period last year. However, consolidated net profit after tax and exceptional items stood at ₹3,126 Lakhs, a significant drop from ₹18,540 Lakhs in Q2 FY25, primarily due to the absence of exceptional gains recognized in the prior year's comparable quarter. Standalone revenue from operations was ₹4,220.72 Lakhs, with PAT at ₹220.74 Lakhs. For the half-year ended September 30, 2025, consolidated revenue grew to ₹275,537 Lakhs, with PAT at ₹8,875 Lakhs.

Rane Holdings Limited announced its unaudited Q2 FY26 financial results on November 14, 2025. Consolidated revenue demonstrated significant growth, rising 53.2% year-on-year to ₹1,409.8 Cr, while EBITDA increased by 27.1% YoY to ₹107.7 Cr, leading to an EBITDA margin of 7.6% (a 157 bps YoY decline). Consolidated Profit After Tax (PAT) stood at ₹31.3 Cr. However, the company noted that year-on-year comparisons for PAT are not comparable due to exceptional gains of ₹213.9 Cr recorded in Q2 FY25, primarily from the settlement of warranty and other claims and the remeasurement of RSSL's fair value. The consolidated Debt-to-Equity ratio was reported at 0.77x, with ROCE at 10.4%.

On a standalone basis, Rane (Madras) Limited's consolidated revenue grew 8.3% YoY to ₹923 Cr with PAT increasing 31.3% YoY to ₹21 Cr. Rane Steering Systems Private Limited's revenue grew 19.7% YoY to ₹480 Cr, with PAT at ₹0 Cr. ZF Rane Automotive India Private Limited saw its revenue grow 8.1% YoY to ₹652 Cr, with PAT of ₹30 Cr.

Operationally, the group secured several new orders and awards. Rane (Madras) Limited won orders worth ₹200 Cr in Steering & Linkages and received awards from TMPV, Escorts Kubota, Volvo, TAFE, and CII. Rane Steering Systems won orders worth ₹117 Cr for EPS and ₹7 Cr for steering products, alongside awards from Escorts Kubota and Ashok Leyland. The company also announced its Q2 FY26 Earnings Presentation and scheduled an Earnings Conference Call for November 18, 2025, to discuss these results.

Rane Holdings Limited announced its unaudited financial results for the quarter and half-year ended September 30, 2025, on November 14, 2025. The consolidated revenue for Q2 FY26 increased by 46.3% year-on-year to ₹1,34,082 Lakhs, compared to ₹91,650 Lakhs in Q2 FY25. However, Profit After Tax (PAT) attributable to owners saw a significant decline of 71.5% YoY, falling to ₹5,078 Lakhs from ₹17,768 Lakhs in the prior year's corresponding quarter. This sharp decline in PAT is primarily attributed to the absence of substantial exceptional gains amounting to ₹21,350 Lakhs that were recognized in Q2 FY25, related to the Rane Steering Systems Private Limited (RSSL) acquisition and warranty claim settlements.

On a standalone basis, Rane Holdings reported a 27.9% YoY decrease in revenue for Q2 FY26 to ₹7,550 Lakhs, with PAT declining by 56.9% YoY to ₹681 Lakhs. For the half-year ended September 30, 2025, consolidated revenue grew by 56.8% YoY to ₹2,74,004 Lakhs, while PAT attributable to owners decreased by 56.7% YoY to ₹7,427 Lakhs. Standalone H1 FY26 revenue increased by 9.0% YoY to ₹10,123 Lakhs, and PAT rose by 2.2% YoY to ₹5,420 Lakhs.

The consolidated balance sheet as of September 30, 2025, shows total borrowings at ₹97,841 Lakhs, with total equity at ₹136,825 Lakhs, resulting in a debt-to-equity ratio of approximately 0.71.

Key metrics:

• Q2 FY26 Consolidated Revenue: ₹1,34,082 Lakhs (+46.3% YoY)
• Q2 FY26 Consolidated PAT (Owners): ₹5,078 Lakhs (-71.5% YoY)
• Q2 FY26 Standalone Revenue: ₹7,550 Lakhs (-27.9% YoY)
• Q2 FY26 Standalone PAT: ₹681 Lakhs (-56.9% YoY)
• H1 FY26 Consolidated Revenue: ₹2,74,004 Lakhs (+56.8% YoY)
• H1 FY26 Consolidated PAT (Owners): ₹7,427 Lakhs (-56.7% YoY)
• H1 FY26 Standalone Revenue: ₹10,123 Lakhs (+9.0% YoY)
• H1 FY26 Standalone PAT: ₹5,420 Lakhs (+2.2% YoY)

An earnings conference call is scheduled for November 18, 2025, to discuss these financial results.

Rane Holdings Limited announced its unaudited financial results for the quarter and half-year ended September 30, 2025 (Q2 FY26), following a Board meeting on November 14, 2025.

Quarterly Performance (Q2 FY26 vs Q2 FY25):

• Standalone: Revenue from operations declined by 27.9% YoY to ₹2,573 Lakhs. Profit After Tax (PAT) saw a significant drop of 56.9% YoY to ₹681 Lakhs. Basic EPS decreased from ₹11.09 to ₹4.77.
• Consolidated: Revenue from operations increased by 46.3% YoY to ₹1,34,082 Lakhs. However, PAT saw a substantial decline of 69.0% YoY to ₹5,749 Lakhs. This sharp fall in consolidated PAT is primarily attributed to the absence of a ₹21,350 Lakhs exceptional gain recorded in the prior year's quarter (Q2 FY25), which was related to the acquisition and settlement of claims for Rane Steering Systems Private Limited (RSSL). The current quarter recorded a net exceptional loss of ₹161 Lakhs. Basic EPS dropped from ₹124.44 to ₹35.57.

Half-Yearly Performance (H1 FY26 vs H1 FY25):

• Consolidated: Revenue from operations grew by 56.8% YoY to ₹2,74,004 Lakhs. PAT decreased by 56.7% YoY to ₹8,875 Lakhs. Basic EPS fell from ₹133.63 to ₹52.01. The half-year also recorded net exceptional gains of ₹1,385 Lakhs in H1 FY26, contrasted with ₹21,369 Lakhs in H1 FY25.

Financials (As of September 30, 2025):

• Consolidated Balance Sheet: Total Assets stood at ₹3,68,016 Lakhs, with Total Equity at ₹1,36,825 Lakhs. Total Borrowings amounted to ₹97,841 Lakhs.
• Consolidated Cash Flow: For the first half of FY26, net cash generated from operating activities was ₹5,979 Lakhs. Capital expenditure (CapEx) was ₹12,607 Lakhs, resulting in a negative Free Cash Flow of -₹6,628 Lakhs for the period.

Outlook & Events:
The company has scheduled an Earnings Conference Call for Tuesday, November 18, 2025, at 15:00 IST, to discuss the Q2 FY26 results. No specific forward-looking guidance was provided in the results outcome document.

Rane Holdings Limited has announced that an Earnings Conference Call is scheduled for Tuesday, November 18, 2025, at 15:00 IST. This call is being held to discuss the unaudited financial results for the quarter ended September 30, 2025. The call will also cover results for Rane (Madras) Limited. Management representatives from the Rane Group, including Mr. Harish Lakshman (Chairman), Mr. P.A. Padmanabhan (President – Finance and Group CFO), Mr. Siva Chandrasekaran (Senior Executive Vice President - Secretarial and Legal), Mr. J. Ananth (Executive Vice President – Finance and CFO, Rane Holdings Limited), and Mr. S. Prasad (Associate Vice President – Corporate Planning, Rane Holdings Limited), will host the discussion. The company has provided detailed dial-in numbers for the call, along with an option for pre-registration to expedite the joining process. Presentation materials and transcripts will be made available on the company's website post the call. This announcement complies with SEBI (LODR) Regulations 2015. No financial figures or specific guidance have been disclosed in this notice.

Rane Holdings Limited, through its wholly owned subsidiary Rane Steering Systems Private Limited (RSSL), has disclosed receipt of an order from the Assistant Commissioner (ST), Chennai (South) Division, dated November 10, 2025. This order levies a total demand of Rs. 1.09 lakhs, which includes tax, interest, and penalty. This final demand represents a substantial reduction from the Rs. 20.21 crores initially indicated in a show cause notice dated September 29, 2025. The communication pertains to differences identified in Input Tax Credit (ITC) as appearing in GSTR-2A versus ITC availed in GSTR-3B for the financial year 2021-22. Based on the documents submitted by RSSL, the authority accepted the company's explanations, confirming the observation relating to GSTR-2A vs GSTR-3B differences but with a significantly reduced financial implication. The total demand comprises a tax demand of Rs. 36,510/-, interest of Rs. 33,364/-, and a penalty of Rs. 40,000/-. Rane Holdings stated that the demand will be paid within the statutory timeline. Given the negligible quantum of the demand, the company does not intend to pursue the matter further. This disclosure is made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Rane Holdings Limited has submitted its monthly update concerning the re-lodgement of transfer requests of physical shares, as required by SEBI Circular No. SEBI/HO/MIRSD-PoD/P/CIR/2025/97 dated July 02, 2025. The report, submitted on November 05, 2025, covers the period ending October 31, 2025. For the month, the company reported no specific figures for the number of requests received, processed, approved, or rejected. Similarly, the average time taken for processing requests was marked as 'Not Applicable'. This update is a routine compliance filing and does not contain any information related to financial performance, outlook, dividends, orders, expansions, or other significant operational developments.

Rane Holdings Limited announced on November 05, 2025, that its Finance Committee has approved funding support for its wholly-owned subsidiary, Rane Steering Systems Private Limited (RSSL). The support will be in the form of a short-term inter-corporate loan, amounting to up to Rs. 25 Crores, which can be disbursed in one or more tranches. The purpose of this loan is to facilitate general corporate purposes and operational expenses for RSSL. The agreement details indicate it is an unsecured loan with a term of up to one year, carrying an option for rollover based on mutual agreement. The transaction is conducted at arm's length, with interest payable monthly and subject to quarterly resets. Rane Holdings Limited holds a 100% equity stake in RSSL. This disclosure is made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Rane Holdings Limited has formally submitted its monthly update to the BSE Limited and the National Stock Exchange of India Limited regarding the status of re-lodgement of transfer requests for physical shares. This report pertains to the period ending September 30, 2025, and is prepared in adherence to the SEBI Circular No. SEBI/HO/MIRSD-PoD/P/CIR/2025/97, dated July 02, 2025.

The company's filing explicitly states that for the month of September 2025, there were no physical share transfer requests received. Following this, no requests were processed during the month, and consequently, no requests were either approved or rejected. Due to the absence of any processing activity, the average time taken for processing these requests has been indicated as 'Not Applicable'. This submission is purely a routine administrative and regulatory compliance measure. It does not include any financial results, performance metrics, management guidance, or significant business developments, and therefore, has no direct bearing on the company's stock performance or investment decisions for retail investors.

Rane Holdings Limited, on October 8, 2025, published newspaper advertisements in 'Business Standard' (English) and 'Hindu Tamizh Thisai' (Regional language) announcing a special window for shareholders concerning physical share transfers. This initiative, in compliance with SEBI Circular No. SEBI/HO/MIRSD/MIRSD-PoD/P/CIR/2025/97 dated July 02, 2025, is designed to facilitate the re-lodgement of transfer requests for physical shares. The special window will remain open until January 06, 2026. This facility is specifically for transfer deeds that were lodged prior to April 01, 2019, and were subsequently rejected, returned, or not processed due to deficiencies in documentation or the transfer process. Investors are encouraged to utilize this opportunity by submitting the necessary documents to the Company’s Registrar and Share Transfer Agent, Integrated Registry Management Services Private Limited, located at 2nd Floor, “Kences Towers”, No 1, Ramakrishna Street, North Usman Road, T.Nagar, Chennai – 600017, or via email at corpserv@integratedindia.in. This announcement is a routine compliance measure to address historical share transfer issues.

Rane Holdings Limited has formally submitted a crucial compliance document to the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE). This filing, dated October 06, 2025, pertains to the quarter ending September 30, 2025.

The document is a certificate issued under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. It serves to inform the exchanges and the investing public about the company's adherence to SEBI's depository regulations concerning the dematerialization and rematerialization of its securities.

According to the submission, Rane Holdings Limited, through its Registrar and Share Transfer Agent (RTA), Integrated Registry Management Services Private Limited, has confirmed the details of securities processed during the quarter. The RTA has certified that all securities received from Depository Participants for dematerialization were either accepted or rejected and that this confirmation was duly communicated to the depositories and the relevant stock exchanges.

Furthermore, the certificate explicitly states that the physical share certificates submitted for dematerialization have been duly verified, mutilated, and cancelled. The name of the respective depository has been substituted in the company's records as the registered owner of these shares within the regulatory timelines. This process is a fundamental aspect of maintaining an accurate and secure register of members in a dematerialized environment.

This is a standard, routine regulatory filing. It does not contain any financial results, earnings per share (EPS) data, revenue figures, EBITDA, PAT, margins, management guidance, outlook, or commentary on business performance. Consequently, it is unlikely to have a direct impact on the company's stock price or investor sentiment, beyond confirming ongoing regulatory compliance.

Rane Holdings Limited has disclosed through a regulatory filing dated September 30, 2025, that its wholly-owned subsidiary, Rane Steering Systems Private Limited (RSSL), has received a Show Cause Notice from the Office of the Assistant Commissioner (ST), Chennai (South) Division. This notice was received by RSSL on September 29, 2025.

The communication is a Show Cause Notice issued under section 73 of the CGST/HGST Act, 2017, read with section 20 of the IGST Act, 2017, and relevant rules. The reasons cited for the notice are various audit observations from the period April 2021 to March 2022, which include issues related to stock transfers, differences identified in GSTR9 and GSTR3B filings, and tax liabilities on value adjustments to turnover declared in Table 50 of GSTR9C.

The total expected financial implication arising from this notice is estimated at ₹20.21 Crores, which includes potential tax, penalties, and interest. Specifically, a penalty of ₹1.85 Crores has been mentioned.

Rane Steering Systems Private Limited is currently in the process of furnishing a detailed reply to the Show Cause Notice, along with all relevant information, within the stipulated due date provided by the authority. The company has stated that the information provided is in compliance with SEBI LODR regulations.

Rane Holdings Limited, a listed entity, has disclosed through a regulatory filing that its wholly-owned subsidiary, Rane Steering Systems Private Limited (RSSL), has received a Show Cause Notice. The notice was issued by the Dy. Excise & Taxation Commissioner (State Tax), Haryana, and was received by the subsidiary on September 29, 2025. The communication pertains to alleged tax non-compliance for the period spanning April 2021 to March 2022. Specific reasons cited include non-payment of tax on the secondment of employees, which is being treated as an import of service liable for reverse charge tax, credit notes issued to customers, and excess Input Tax Credit (ITC) availed compared to GSTR2A data. The potential financial implications for RSSL are estimated at ₹8.87 Crores, inclusive of tax, interest, and penalties. Furthermore, a specific penalty of ₹0.50 Crores is mentioned within the notice. RSSL is actively preparing to furnish a detailed reply to the Show Cause Notice, along with all necessary supporting information, within the deadline stipulated by the tax authority. This event is being reported in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Rane Holdings Limited has announced a Board of Directors meeting scheduled for November 14, 2025. The primary agenda item for this meeting is the consideration and approval of the Unaudited Financial Results, both standalone and consolidated, for the quarter and the half-year ending September 30, 2025.

In line with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the company's internal code for the prevention of insider trading, Rane Holdings Limited has also declared a closure of the trading window. This window will be effective from September 30, 2025, and will remain closed until November 16, 2025, inclusive. The closure applies to all promoters, directors, connected persons, and designated employees of the company, ensuring no trading activity occurs during the sensitive period leading up to the financial results announcement.

No specific financial figures, performance comparisons, guidance, or outlook are provided in this announcement as it is an intimation of an upcoming results board meeting. The focus is purely on the procedural announcement required by regulatory compliance.

Rane Holdings Limited has announced that a meeting of its Board of Directors is scheduled for November 14, 2025. The primary agenda for this meeting will be to consider and approve the Unaudited Financial Results, both on a standalone and consolidated basis, for the quarter and half-year ending September 30, 2025. In conjunction with this announcement, the company has also informed about the closure of the trading window. This window, which prohibits trading in the company's shares by its promoters, directors, other connected persons, and designated employees, will remain closed from September 30, 2025, up to November 16, 2025, inclusive. This measure is in line with Rane's Insider Trading Code and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, to ensure fair disclosure and prevent any potential misuse of unpublished price-sensitive information. No financial performance figures or outlook guidance are provided in this disclosure, as it pertains to the upcoming board meeting for results approval.

Rane Holdings Limited has submitted its monthly update to the stock exchanges (BSE and NSE) regarding the re-lodgement of transfer requests of physical shares for the period ended August 31, 2025. This filing is mandated by SEBI Circular No. SEBI/HO/MIRSD-PoD/P/CIR/2025/97 dated July 02, 2025.

In the report for August 2025, Rane Holdings Limited stated that there were no requests received, processed, approved, or rejected concerning the transfer of physical shares during the month. As a result, the average time taken for processing these requests was indicated as 'Not Applicable'.

This document is a routine compliance filing and does not contain any information related to quarterly or annual financial results, management guidance, concall commentary, balance sheet details, cash flow statements, key financial ratios, significant orders, expansions, product launches, penalties, or regulatory actions beyond the context of the SEBI circular itself. No outlook or forward-looking statements are provided.

Rane Holdings Limited, through a regulatory filing, has informed stakeholders about an order received by its wholly-owned subsidiary, Rane Steering Systems Private Limited (RSSL), from the Income Tax Department's National Faceless Appeal Centre. The order, dated September 09, 2025, dismisses RSSL's appeal against an earlier order passed under Section 147 of the Income Tax Act, 1961. The core of the communication is the disallowance of certain revenue expenses, which the Income Tax Department has added back to RSSL's taxable income. Specifically, these expenses were disallowed under Section 37 of the Income Tax Act. This decision pertains to the Assessment Year 2015-16 (corresponding to the Financial Year 2014-15). As a direct consequence of this order, Rane Steering Systems faces a tax demand amounting to ₹6.74 Crores. The company has stated that it intends to take further action by filing a statutory appeal or seeking a stay order against this demand within the legally prescribed time limits. The resolution of this tax dispute remains uncertain and will determine the final financial impact on the listed entity. This development constitutes a significant regulatory update for Rane Holdings Limited, as it involves a substantial tax liability for its subsidiary.

Rane Holdings Limited has filed a disclosure regarding its wholly owned subsidiary, Rane Steering Systems Private Limited (RSSL). CRISIL Ratings Limited has assigned a long-term credit rating of 'Crisil A-/Stable' to RSSL's banking facilities amounting to Rs. 240 Crores. This rating is expected to enhance RSSL's financial flexibility and potentially improve its borrowing costs. The company has submitted this information as per SEBI LODR Regulations. No financial results, guidance, or other deep-dive commentary were part of this announcement.

Rane Holdings Limited has announced that Crisil ESG Ratings & Analytics Limited, a SEBI registered ESG Rating Provider, has voluntarily reviewed and assigned an ESG Rating of 'Crisil ESG 43' to the company. This disclosure is made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The rating was disseminated by Crisil on August 28, 2025, at 10:11 p.m. to the BSE and 10:03 p.m. to the NSE, and is also available on Crisil's website. The company has requested this information be taken on record by the stock exchanges.

Rane Holdings Limited has submitted its monthly update to the BSE and NSE concerning the re-lodgement of physical share transfer requests. This filing is in compliance with SEBI Circular No. SEBI/HO/MIRSD-PoD/P/CIR/2025/97 dated July 02, 2025. The report covers the period ended July 31, 2025. The company has indicated that for the month of July 2025, there were no requests received, processed, approved, or rejected. Consequently, the average time taken for processing requests was also marked as 'Not Applicable'. This update signifies the company's adherence to regulatory requirements for managing physical share transfers, without any material operational changes or data points to report for the specified period.

Rane Holdings Limited has published a bi-annual notice to its shareholders regarding a special window for the re-lodgement of transfer requests for physical shares. This initiative, undertaken in accordance with SEBI Circular No. SEBI/HO/MIRSD/MIRSD-PoD/P/CIR/2025/97 dated July 02, 2025, is open until January 06, 2026. The window is specifically for transfer deeds that were lodged prior to April 01, 2019, and were subsequently rejected, returned, or not processed due to deficiencies in documents or procedures. The company is encouraging investors to utilize this opportunity by submitting the necessary documents to its Registrar and Share Transfer Agent, Integrated Registry Management Services Private Limited. The notices were published in 'Business Standard' (English) and 'Hindu Tamizh Thisai' (Regional language) on August 23, 2025, fulfilling the company's compliance obligations under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This action addresses historical administrative matters related to physical share transfers.

This document pertains to Rane Holdings Limited's submission of the transcript for its earnings conference call held on August 13, 2025, to the BSE and NSE. This filing is in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided a web link for investors to access the complete transcript of the call, which likely contained discussions on financial results, performance metrics, management guidance, outlook, and strategic initiatives. However, this specific submission document does not contain the actual financial figures or commentary from the earnings call itself; it serves as notification and provision of access to that information.

Rane Holdings Limited disclosed on August 19, 2025, an investment of ₹50 Crores in its wholly owned subsidiary, Rane Steering Systems Private Limited (RSSL). This capital infusion was made via cash and is intended to support RSSL's operational needs, capital expenditure requirements, and to pursue further growth opportunities.
Rane Steering Systems Private Limited is engaged in the auto component industry. As of March 31, 2025, its paid-up share capital increased to ₹19.90 Crores post-issue, from ₹17.90 Crores pre-issue. The subsidiary reported a turnover of ₹1,706.33 Crores for FY2025, showing a slight decrease from ₹1,718.73 Crores in FY2024, but an increase from ₹1,510.34 Crores in FY2023.
Rane Holdings emphasized that this investment does not alter its shareholding percentage in RSSL, which continues to be a wholly owned subsidiary. The company clarified that the transaction is at an 'arm's length' basis, supported by a valuation report obtained from a registered valuer.
This disclosure is made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Rane Holdings Limited announced its unaudited consolidated financial results for the quarter ended June 30, 2025, approved by the board on August 12, 2025.

Results Summary:
Total Income: ₹1,34,554 Lakhs in Q1 FY26, a significant 60.67% increase from ₹83,744 Lakhs in Q1 FY25.
Net Profit / (Loss) for the period after tax and Exceptional items: ₹5,749 Lakhs in Q1 FY26, showing a substantial 194.82% year-on-year growth from ₹1,950 Lakhs in Q1 FY25.
Total Comprehensive Income: ₹5,621 Lakhs in Q1 FY26, up 171.33% from ₹2,072 Lakhs in Q1 FY25.
EPS (Basic): ₹35.57 for Q1 FY26, an impressive increase of 286.51% from ₹9.19 in Q1 FY25.
The company experienced positive exceptional items in Q1 FY26, contributing to the strong profit growth.

Financials:
Equity Share Capital stands at ₹1,428 Lakhs.
Profitability improved, with Net Profit/Loss margin increasing from 2.33% in Q1 FY25 to 4.27% in Q1 FY26.

Outlook/Discussion:
No forward-looking guidance or management commentary on outlook was provided in this extract.

Key Events:
No specific orders, expansions, or regulatory events were detailed for Rane Holdings Limited in this announcement.

Overall:
Rane Holdings Limited demonstrated very strong financial performance for the first quarter of FY26, exceeding the previous year's results significantly across key metrics like revenue, net profit, and EPS.

Rane Holdings Limited successfully concluded its 89th Annual General Meeting (AGM) on Tuesday, August 12, 2025, conducted entirely through Video Conference (VC) and Other Audio Visual Means (OAVM). The meeting, which began at 15:00 IST and concluded by 15:29 IST, saw shareholders participating and casting their votes. The primary agenda items, presented as resolutions, received overwhelming support from the shareholders. These included:

1. Adoption of Financial Statements: Shareholders approved the Audited Financial Statements, both standalone and consolidated, for the fiscal year ended March 31, 2025, along with the reports from the Board of Directors and the Auditors. This signifies formal acceptance of the company's financial performance for the past fiscal year.
2. Dividend Declaration: A resolution to declare a dividend on the company's equity shares was also passed, indicating a planned distribution to shareholders, though the specific quantum was not detailed in this particular filing.
3. Director Re-appointment: Mr. Ganesh Lakshminarayan, who retired by rotation, was eligible and offered himself for re-appointment, which was approved by the members.
4. Auditor Re-appointments: Shareholders approved the re-appointment of M/s. B S R & Co. LLP as the Statutory Auditors and M/s. B Chandra & Associates as the Secretarial Auditors of the company.
   The voting process was managed through remote e-voting and e-voting during the AGM, with Central Depository Services (India) Limited (CDSL) providing the facility. A consolidated report from the appointed Scrutinizer, A. K. Jain & Associates, confirmed that all resolutions were passed with a significant majority, exceeding 99.99% in most cases. This outcome reinforces shareholder confidence in the company's management and financial reporting for FY25. The company has also made the full annual report available on its website and filed necessary disclosures with the stock exchanges.

Rane Holdings Limited convened its 89th Annual General Meeting (AGM) on August 12, 2025, conducted entirely through Video Conference (VC) / Other Audio Visual Means (OAVM). The meeting confirmed the attendance of requisite quorum and members. Key resolutions transacted included the adoption of the Audited Financial Statements for the financial year ended March 31, 2025, along with the reports of the Board of Directors and Auditors. The company also declared a dividend on its Equity Shares. Ordinary business also involved the re-appointment of Mr. Ganesh Lakshminarayan as a Director who retires by rotation, and the re-appointment of M/s. B S R & Co. LLP as Statutory Auditors. Special business included the appointment of M/s. B Chandra & Associates as Secretarial Auditors. The Chairman provided an overview of the industry, consolidated company performance for FY 2024-25, key group company highlights, and the future outlook. The entire proceedings were compliant with SEBI LODR Regulations and the Companies Act, 2013.

Rane Holdings announced its financial results for the first quarter of fiscal year 2026 (Q1 FY26), reporting a significant surge in its consolidated revenue, which stood at Rs 1,345.6 crore, marking a substantial year-on-year (YoY) increase of 60.7%. EBITDA also saw a healthy growth of 33.7% YoY to Rs 106.7 crore. The Profit After Tax (PAT) demonstrated exceptional growth, jumping by 194.9% YoY to Rs 57.5 crore. This PAT figure includes exceptional items amounting to Rs 15.5 crore, primarily gains from asset disposals, insurance claims, and voluntary retirement expenses.

The EBITDA margin for the quarter was reported at 7.9%. The presentation notes a 160 bps YoY improvement in EBITDA margin; however, the detailed tables show Q1 FY25 EBITDA margin at 9.5% versus 7.9% in Q1 FY26, indicating a YoY decrease of 160 bps, a discrepancy within the reporting. The PAT margin improved significantly to 4.3% from 0.3% in the corresponding prior-year period.

Operationally, the quarter was marked by substantial order wins across subsidiaries. Rane (Madras) Limited secured orders worth over Rs 330 crore, primarily in the steering business, and received customer awards from Volvo, Toyota, and Ashok Leyland. Rane Steering Systems won orders worth Rs 210 crore for Electric Power Steering for domestic MUV applications and Rs 176 crore for occupant safety products (including Rs 54 crore from an international customer). ZF Rane Automotive India Private Limited obtained orders totaling over Rs 80 crore for steering products from domestic customers. Several facilities also received environmental and safety awards.

The company has noted that year-on-year comparisons are not directly comparable due to the acquisition of Rane Steering Systems Private Limited (formerly RNSS) in Q2 FY25. No specific management guidance or forward-looking statements were detailed in this presentation excerpt.

Rane Holdings Limited announced its un-audited financial results for the quarter ended June 30, 2025 (Q1 FY26). The company reported strong growth on a consolidated basis, while its standalone performance saw a significant decline year-on-year.

Consolidated Performance: Consolidated revenue from operations rose by a substantial 61.4% YoY to Rs. 1,34,082 Lakhs in Q1 FY26, compared to Rs. 83,085 Lakhs in Q1 FY25. Profit After Tax (PAT) attributable to owners more than tripled, increasing by 287.1% YoY to Rs. 5,078 Lakhs from Rs. 1,312 Lakhs in the corresponding period last year. Consequently, Earnings Per Share (EPS) saw a robust growth of 286.9% YoY, standing at Rs. 35.57 for Q1 FY26, up from Rs. 9.19 in Q1 FY25. Quarter-on-quarter, consolidated revenue saw a slight decrease of 2.4% to Rs. 1,34,082 Lakhs from Rs. 1,37,368 Lakhs in Q4 FY25. However, PAT attributable to owners jumped by 441.3% QoQ to Rs. 5,078 Lakhs from Rs. 939 Lakhs, with EPS rising from Rs. 6.58.

Standalone Performance: On a standalone basis, revenue from operations declined by 54.9% YoY to Rs. 2,573 Lakhs in Q1 FY26, down from Rs. 5,720 Lakhs in Q1 FY25. PAT also fell sharply by 81.7% YoY to Rs. 681 Lakhs from Rs. 3,720 Lakhs, with EPS decreasing to Rs. 4.77 from Rs. 26.05.

Financials and Key Events: The consolidated results for Q1 FY26 included net exceptional income of Rs. 1,546 Lakhs, primarily from the sale of a land parcel and insurance claims, partly offset by Voluntary Retirement Scheme (VRS) expenses incurred by subsidiaries Rane Steering Systems Private Limited (RSSL) and Rane (Madras) Limited (RML). Notes indicate that prior period figures, particularly for consolidated results, are not directly comparable due to the full consolidation of RSSL since September 19, 2024. RML has also entered into an agreement to sell land for Rs. 36,118 Lakhs and received an advance. The company approved an investment of Rs. 5,000 Lakhs in RSSL.

Outlook and Other Information: No specific management guidance or outlook commentary was provided in this announcement. The results are un-audited and have been prepared in compliance with SEBI LODR regulations.

Rane Holdings announced its Q1 FY26 financial results on August 12, 2025, presenting a mixed performance.

Standalone Performance: The company reported a significant YoY decline in both revenue and profit. Revenue from operations fell by 54.8% to ₹2,573 Lakhs, and Profit After Tax (PAT) dropped by 81.7% to ₹681 Lakhs. Basic Earnings Per Share (EPS) also decreased by 81.7% to ₹4.77.

Consolidated Performance: In contrast, the consolidated results showed robust year-on-year growth. Consolidated revenue from operations increased by 61.4% to ₹1,34,082 Lakhs. Consolidated PAT surged by a substantial 194.8% to ₹5,749 Lakhs, significantly boosted by exceptional income of ₹1,546 Lakhs, primarily attributed to land sale and insurance claims. Consequently, consolidated Basic EPS grew by 286.5% to ₹35.57.

Financials and Notes: The financial statements provided are unaudited and have undergone a limited review. A key note highlights that consolidated figures are not directly comparable with the prior period due to the full consolidation of Rane Steering Systems Private Limited (RSSL) effective September 19, 2024. Other notes mention expenditure on Voluntary Retirement Schemes (VRS) for subsidiaries RSSL and Rane Madras Limited (RML).

Key Events: Rane Madras Limited has entered into an agreement to sell land in Velachery for ₹36,118 Lakhs, having received an advance of ₹10,000 Lakhs. Additionally, Rane Holdings approved an investment of ₹5,000 Lakhs in RSSL.

Outlook: No specific management guidance or outlook was provided in the announcement.

Rane Holdings Limited has announced a significant financial transaction concerning its wholly owned subsidiary, Rane Steering Systems Private Limited. In a disclosure to the stock exchanges, the company stated that Rane Steering Systems has fully repaid the Rs 50 crore loan that was previously borrowed from Rane Holdings Limited. This repayment, effective as of the current date, clears all outstanding dues between the parent company and its subsidiary. The company referenced prior communications on February 14, 2025, and November 25, 2024, regarding this loan. While specific financial performance metrics like revenue, profit, or margins are not detailed in this announcement, the complete repayment of the loan is a positive development for the group's balance sheet, indicating improved cash flow management or debt reduction at the subsidiary level, and strengthening the parent's financial position by recovering the lent amount.

The announcement from Rane Holdings Limited (NSE: RANEHOLDIN, BSE: 505800) is regarding its upcoming Earnings Conference Call to discuss the un-audited financial results for the quarter ended June 30, 2025 (Q1 FY26). The call is scheduled for Wednesday, August 13, 2025, at 15:00 IST. This call will also cover results from Rane (Madras) Limited. Management representatives, including Mr. Harish Lakshman (Chairman), Mr. P.A. Padmanabhan (President – Finance and Group CFO), and Mr. J. Ananth (Executive Vice President – Finance and CFO, Rane Holdings Limited), will be present. Dial-in numbers and a pre-registration facility are provided, with presentations and transcripts to be made available on the company's website. The news focuses on the scheduling of the results discussion rather than the results themselves, providing guidance on when investors can expect detailed performance commentary and future outlook from the management of the auto components manufacturer.