RANE HOLDINGS LTD.

Rane Steering Systems Private Limited, a wholly-owned subsidiary of Rane Holdings Limited, has received a favorable order from the GST Authority in Chennai. The authority has dropped a demand of ₹11.88 Crores, which included a penalty of ₹1.07 Crores. This order pertains to differences between GSTR-2A and GSTR-3B for the Financial Year 2022-23. The subsidiary had previously received a Show Cause Notice regarding these differences and exempted/nil-rated supplies. Rane Holdings has declared that there are no expected financial implications from this case, as the explanations and supporting documents provided by Rane Steering Systems were accepted by the GST Authority.

Rane Holdings Limited has submitted its Audit Committee report for the quarter ended September 30, 2026, detailing the utilization of proceeds from a preferential issue of warrants. The company raised ₹40 Crore through this issue in June 2026. For the reported quarter, ₹7.81 Crore was utilized towards repayment of borrowings. The Audit Committee found no deviation from the stated objects and confirmed that utilization was in line with disclosures. This report is in compliance with SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.

Rane Holdings Limited announced that its Board of Directors has approved the un-audited financial results for the quarter and half-year ended September 30, 2026. The results, presented on both standalone and consolidated bases, were recommended by the Audit Committee. The company also confirmed that the results and the Limited Review Report from statutory auditors M/s. B S R & Co., LLP will be uploaded to the company's and stock exchanges' websites.

Rane Holdings Limited announced that its Board of Directors has approved the un-audited financial results (standalone and consolidated) for the quarter and half year ended September 30, 2026. The results were recommended by the Audit Committee. The company will upload the results on its website and the stock exchanges. The board meeting commenced at 11:30 hrs and concluded at 12:19 hrs.

Rane Holdings Ltd has allotted 5,15,954 equity shares of Rs. 10 each fully paid up to itself, pursuant to a rights issue in its joint venture, ZF LIFETEC Rane Automotive India Private Limited. This allotment follows a previous intimation dated October 22, 2026. Despite this rights issue, Rane Holdings' equity holding in the JV remains at 49%. The company has made this disclosure in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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.

Rane Steering Systems Private Limited, a wholly-owned subsidiary of Rane Holdings Limited, has received a favorable order from the GST Authority in Chennai. The order drops a demand of ₹10.07 Crores, which included a penalty of ₹0.92 Crores, related to ineligible Input Tax Credit (ITC) for the financial years 2022-23 and 2023-24. This follows a Show Cause Notice previously issued to RSSL. The GST Authority dropped the proceedings based on the reply and supporting documents submitted by RSSL, indicating no expected financial implications for Rane Holdings Limited.

Rane Holdings Limited has reported a shareholding change involving Mrs. Meenakshi Ganesh, a member of the promoter group. She acquired 1,348 equity shares of Rs. 10/- each through the transmission of shares from the late Kripa Subramaniam. This transaction, classified as 'Others - Transmission', resulted in no change to her overall holding percentage of 2.14% as the acquired shares were part of her existing joint holding. The total number of shares held by Mrs. Meenakshi Ganesh (jointly with L Ganesh) remains 3,05,430, representing 2.14% of the total equity share capital.

Rane Holdings Ltd has announced the closure of its trading window for promoters, directors, connected persons, and designated employees. This closure is effective from September 30, 2026, to November 14, 2026, inclusive. The decision is in accordance with the company's insider trading code and is related to the upcoming Board of Directors meeting scheduled for November 12, 2026. The board meeting will inter alia consider and approve the Unaudited Financial Results (Standalone & Consolidated) for the quarter and half-year ending September 30, 2026. This measure ensures compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Rane Holdings Ltd has announced that its Board of Directors will convene on November 12, 2026. The primary agenda item is to consider and approve the Unaudited Financial Results for both standalone and consolidated operations for the quarter and half-year ending September 30, 2026. Concurrently, the company has implemented a trading window closure for promoters, directors, and designated employees from September 30, 2026, to November 14, 2026, to prevent insider trading during the financial results announcement period.