Rane Holdings Invests ₹80.85 Cr in ZF Lifetec JV

Rane Holdings Ltd's Finance Committee has approved an additional equity investment of ₹80.85 crores in its joint venture, ZF Lifetec Rane Automotive India Private Limited (ZLRAI). This investment, made through a cash consideration of ₹1,567 per share for 5,15,954 equity shares, will be utilized by ZLRAI for its capital expenditure and operational needs. The company's shareholding in ZLRAI will remain at 49% post-investment. The transaction is expected to be completed by October 31, 2026. ZLRAI, operating in the automotive components industry, reported a turnover of ₹1,180.55 crores and a net worth of ₹113.74 crores in FY 2025-26.