Rane (Madras) Limited: Acquisition

M&A / JV 30 Jun 2026 · Announced· ✓ Verified

Acquisition - Pursuant to the approval of the Board of Directors at their meeting held today, the Company has entered into a Business Transfer Agreement ('BTA') with M/s. Hindustan Composites Limited for acquisition of its friction business on going concern on a slump sale basis, subject to customary closing conditions as per BTA.

SectorIndustrials