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Rane Holdings Limited

Rane Holdings Limited (RHL) is the holding company of Rane Group. RHL is a listed company with investments exclusively in the group companies. The conclusion of the restructuring exercise within the Group has achieved complete elimination of cross-holdings among group companies, as envisaged.

RHL owns the trademark in Rane and provides a range of services to group companies. These include employee training and development, investor services, business development and Information systems support.

Our Businesses

Subsidaries

Joint Ventures

Rane Group Structure

Rane Holdings Limited

Friction Material

Light Metal Casting Products

Valve Train Components

Aftermarket Products

Sales Figures

GROUP SALES OF INR 6,690 CR (~ USD 820 mn)

  • 61%

    Steering and Suspension Systems

  • 14%

    Occupant Safety Systems

  • 09%

    Friction Material Components

  • 08%

    Valve Train Components

  • 07%

    Light Metal Casting Products

  • 01%

    Others

Corporate Governance

Board Of Directors

Mr. L Ganesh

Chairman

Mr. Harish Lakshman

Vice Chairman

Chairman Emeritus

Contact Information

Key Contact Person

Rane Holdings Limited

  • MAITHRI” 132, CATHEDRAL ROAD, CHENNAI – 600 086. INDIA
  • +91 - 44 - 2811 2472/73

Mr. L Ganesh
Chairman

Mr L Ganesh (LG) is the Chairman and Managing Director of Rane Holdings Limited and the Chairman of the Rane Group of Companies. LG is a Chartered Accountant and holds an MBA from the Pennsylvania State University, USA.

He has over 45 years of Industry experience and has played a key role in establishing strong footprint in global markets and winning the coveted Deming award. At the national level, LG has been an articulate spokesman for the automotive industry through his involvement with various bodies.

He was the President of Automotive Component Manufacturers Association of India and also the President of Madras Management Association. He was the Chairman of the Confederation of Indian Industry (CII), Southern Region. Presently, he is an Honorary Consul for New Zealand in South India.

In addition to being a Director in Rane group of Companies, LG serves as an Independent Director in  Sundaram Finance Limited. LG is also the Chairman of Chennai Willingdon Corporate Foundation and Chennai Heritage.

Mr. Harish Lakshman
Vice Chairman

Mr Harish Lakshman holds Bachelor’s degree in Mechanical Engineering from BITS, Pilani, and Master’s degree in Business from Krannert School of Management at Purdue University, USA.

With over 26 years of Industry experience, he has held various positions in the areas of marketing, operations, business development overseas and other corporate functions and also spearheads the future growth plan of Rane Group.

He is an active member of several industrial associations and government panels and has played a key role as President of Automotive Component Manufacturers Association of India (ACMA) for the period 2013-14. He has also served as Chairman of CII – Young Indians (Chennai Chapter).

He is currently the Vice Chairman & Joint Managing Director of RHL. He is also the Vice- Chairman of Rane Engine Valve Limited, Rane (Madras) Limited and Managing Director of  ZF Rane Automotive India Private Limited. He also serves on the Board of all the other Rane Group of companies including Rane Brake Lining Limited and Rane NSK Steering Systems Private Limited. He is also an Independent Director on the board of Oriental Hotels Limited, a Tata group company

Mr. Pradip Kumar Bishnoi

Mr. Pradip Kumar Bishnoi holds a Bachelors degree in Petroleum Engineering and a Masters degree in Business Management from IIM, Ahmedabad besides having done Management Programme at Oxford, UK and Programme on Utility Regulators at World Bank, Florida University. USA.

He has an overall 45 plus years  of experience in the areas of steel, natural gas, industrial packaging, lubricants etc. In his career, he served as the Chairman & Managing Director of Rashtriya Ispat Nigam Limited and also Managing Director of Balmer Lawrie & Co. Limited. He is also a former member of Petroleum & Natural Gas Regulatory Board.

He was awarded Gold medal by Prime Minister for development work in the year 2008. He is an avid regulator being member of Petroleum & Natural Gas Regulatory Board since 2012 and was also on the Board of Standing Council of Public Enterprises as well as World Steel Association.

He currently serves as an Independent Director in the Board of Rane (Madras) Limited, Rane Engine Valve Limited & Avadh Sugar & Energy Limited.

Dr Brinda Jagirdar

Dr Brinda Jagirdar has a brilliant academic record with a Ph.D. in Economics from University of Mumbai, M.S in Economics from University of California at Davis, USA, M.A. in Economics from Gokhale Institute of Politics and Economics, Pune and B.A in Economics from Fergusson College, Pune. She has attended an Executive Programme at the Kennedy School of Government, Harvard University, USA and a leadership programme at IIM, Lucknow.

She is a senior economist with specialisation in areas relating to Indian economy and banking. She is a member of the Research Advisory Committee of Indian Institute of Banking and Finance and also nominated by RBI as a member of the Depositor Education and Awareness (DEA) Fund Committee. She is on the Governing Council of Treasury Elite, a knowledge sharing platform for finance professionals and a member, Managing Committee of the All India Bank Depositors Association of the Forum of Free Enterprise, Banking and Finance Committee of the Indian Merchants Chamber. She retired as General Manager & Chief Economist from SBI, Corporate Centre Mumbai.

Dr Brinda Jagirdar was recognised as among India’s Top 100 Women in Finance by the Association of International Wealth Management of India in 2019. She was associated with the Raguram Rajan Committee on Financial Sector Reforms in India, was a member of the Planning Commission’s sub group on Household Sector Savings for the 12th Five Year Plan and a member of the Ministry of Finance Group on Deepening India’s Household Financial Savings.

She was also a member of Banking, Finance & Economics Committee of Bombay Chamber of Commerce, member of the Monetary Policy Group of Indian Banks’ Association and editorial committee member of the journal of the Indian Banks’ Association. She had participated and presented papers at several seminars & conferences and a sought after speaker on topics relating to economy and banking. She is a frequent panellist on various business channels and contributes to columns in business newspapers.

Dr Brinda Jagidar, is also an Independent Director of Rane Brake Lining Limited, IDFC First Bank Limited, SBI DFHI Limited, Maha ARC Limited and Multi Commodity Exchange Clearing Corporation Limited. She is associated with Rane Group since October 24, 2014, when she joined the Board of REVL as an Independent Director.

Dr. V.Sumantran

Dr V Sumantran holds Master degree and and Ph.D. degrees in Aerospace Engineering from Princeton University & Virginia Tech. He is an alumnus of Indian Institute of Technology, Madras, where he received his Bachelor’s degree in Aerospace Engineering.

He has over 31 years of experience and is an advisor to several leading Fortune‐ 100 organizations in autos, industrial equipment, defence and aerospace. He is an adjunct Professor at MIT‐MISI and a Distinguished Visiting Professor of the Indian Institute of Technology, Madras.

Dr V Sumantran has served on the Science Advisory Council of the Prime Minister of India and Scientific Advisory Committee to the Cabinet of the Indian Government. He was also the member of the National Manufacturing Competitiveness Council and served as Chairman, National Defence Council of the Confederation of Indian Industry until 2013.

He is currently the Chairman of Celeris Technologies and Interglobe Aviation Limited and also serves on the Board of TVS Electronics Limited, Bharat FIH Limited, Switch Mobility Automotive Limited, Greaves Electric Mobility Private Limited.

Mr. Rajeev Gupta

Rajeev Gupta is qualified in B. Tech graduate from IIT, Varanasi and holds a Masters’ degree in Business Administration (MBA) from IIM, Ahmedabad.

Rajeev, a veteran investment banker, has over 36 years of rich experience in the fields of manufacturing, investment banking and private equity including 10 years of senior management roles in industrial businesses.

He was the CEO of Cosmo Ferrites Ltd and was credited with having turned around the firm from financial distress. He was the Global partner of The Carlyle Group and the India Head of Asia Buyout Fund from 2005 to 2011. He has also served as the M & A Head and former Board member of DSP Merrill Lynch Ltd.

He is currently the Managing Director of M/s. Arpwood Capital Private Limited, a boutique investment banking and advisory firm founded by him. He is also the Chairman of Vardhman Special Steels Limited and is currently on the Board of United Spirits Limited, EIH Limited, T.V. Today Network Limited, TVS Capital Funds Private Limited.

Mr. L.Lakshman
Chairman Emeritus

Mr. L Lakshman (LL) is a Mechanical Engineer from the PSG College of Technology, University of Madras and an alumnus of London Business School, UK.

He has more than 51 years of industry experience and provides guidance and mentorship to the management and advisory support in initiatives of strategic importance to the Rane Group’s future growth plans.

He has been instrumental in institutionalising Total Quality Management (TQM) across the group companies and won the prestigious Deming Grand Prize (Japan Quality Medal), the highest milestone of TQM. LL was also awarded the Jamsetji Tata Award by the Indian Society for Quality in 2012.

He has been associated with Rane Group in various capacities for over 5 decades. He is an acknowledged leader in the auto component industry and served on the boards across Rane group. Currently, he oversees the CSR initiatives of the Group and actively pursued the social projects and established Rane Polytechnic Technical Campus in 2008 and Rane Vidyalaya in 2018.

Apart from being a former president of ASSOCHAM, ACMA and Madras Chamber of Commerce, LL has also been an active member in various industry forums.

He is currently the Chairman Emeritus of Rane Holdings Limited. And also serves as an Independent Director on the Board of SRF Limited, a public listed company.