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Rane Holdings Limited
Listing Information
The Company is listed on the National Stock Exchange of India Limited (NSE symbol: RANEHOLDIN) and on BSE Limited (BSE Symbol: RANEHOLDIN ; Scrip Code:505800).
Financial Information
Financial Summary
Annual Reports
Audited / Unaudited Results
Press Release
Subsidiary Company – Audited Financial Statements
Credit Ratings
Financial Summary
Annual Reports
Audited / Unaudited Results
Press Release
Subsidiary Company – Audited Financial Statements
Credit Ratings
| Rating Company | Security – type | Amount (Rs.) in Crores | Credit Rating | Outlook | Status (Assigned/Re-affirmed/Revised/Withdrawn | Date |
|---|---|---|---|---|---|---|
| ICRA | Long term rating | 74.96 | AA- | Stable | Re-affirmed | December 08, 2022 |
| Long term rating | 25.04 | AA- | Stable | Re-affirmed | ||
| Short term rating | AA+ | – | ||||
| ICRA | Long term rating | 86.70 | AA- | – | Re-affirmed | November 29, 2021 |
| Long term rating | 13.30 | AA- | Stable | Re-affirmed | ||
| Short term rating | A1+ | – | ||||
| ICRA | Long term rating | 99.86 | AA- | Stable | Re-affirmed | December 28, 2020 |
| Long term rating | 0.14 | AA- | Stable | Re-affirmed | ||
| Short term rating | A1+ | – | ||||
| ICRA | Long term | 50.00 | AA- | Stable | Re-affirmed | November 26, 2020 |
| Long term | 50.00 | AA- | Stable | Assigned | ||
| Short term | A1+ | – | ||||
| ICRA | Long term rating | 50.00 | AA- | Stable | Re-affirmed | November 26, 2019 |
| Commercial Paper | 10.00 | A1+ | – | withdrawn | ||
| ICRA | Long term rating | 50.00 | AA- | Stable | Revalidated upto Nov 30, 2019 | September 06, 2019 |
| Commercial Paper | 10.00 | A1+ | – | Revalidated upto Nov 30, 2019 | ||
| ICRA | Long term rating | 50.00 | AA- | Stable | Re-affirmed | October 08, 2018 |
| Commercial Paper | 10.00 | A1+ | – | Re-affirmed |
Chairman Emeritus
Rane Holdings Limited
Board Committee
Audit Committee
- Dr. V Sumantran, Committee Chairman
- Mr. L Ganesh
- Mr. Rajeev Gupta
- Dr. Sheela Bhide
Stakeholder's Relationship Committee
- Dr. Sheela Bhide, Committee Chairperson
- Mr. L Ganesh
- Mr. Harish Lakshman
Nomination And Remuneration Committee
- Dr. V Sumantran, Committee Chairman
- Mr. Pradip Kumar Bishnoi
- Dr Sheela Bhide
Corporate Social Responsibility Committee
- Mr. L Ganesh, Chairman
- Dr. Sheela Bhide
- Mr. Harish Lakshman
Risk Management Committee
- Mr. L Ganesh, Chairman
- Mr. Harish Lakshman
- Mr. V Sumantran
- Mr. P A Padmanabhan
Corporate Governance
Board Meeting Schedule
Shareholding Pattern
Quarterly Corporate Governance Report
Half-Year Rpts
Policies
Corporate Action
Annual Return
Board Meeting Schedule
Shareholding Pattern
Quarterly Corporate Governance Report
Half-Year Rpts
Policies
Corporate Action
Annual Return
Information Sent to Stock Exchanges
Investor Information
Investor Meet / Earnings Conference Call
Notices Of General Meeting / Postal Ballot
Book Closure Dates / Record Dates
Trading Window Closure Notices
Unpaid & Unclaimed Dividend
Document Upload & Contact Details Updation
Investor Meet / Earnings Conference Call
Notices Of General Meeting / Postal Ballot
| Year | Notice | Attendance Slip | Proxy Form | Voting Results | Scrutinizers Report | Summary of Proceedings /Transcripts | E-voting period | AD |
|---|---|---|---|---|---|---|---|---|
| 2022-23 | – | – | Transcripts |
26-Jun-22 to 28-Jun-22
(voting at AGM) Doc’s for Inspection |
| Year | Notice | Attendance Slip | Proxy Form | Voting Results | Scrutinizers Report | Summary of Proceedings /Transcripts | E-voting period | AD |
|---|---|---|---|---|---|---|---|---|
| 2021-22 | – | – | 03-Aug-21 to 05-Aug-21
(voting at AGM) E-Voting Registration Doc’s for Inspection-1 |
Book Closure Dates / Record Dates
Trading Window Closure Notices
Unpaid & Unclaimed Dividend
Document Upload & Contact Details Updation
Contact Information
Investor Relations
Statutory Auditors
Registrar & Transfer Agents
Nodal Officer for IEPF
Materiality of event / information
Investor Relations
Designated Official: Company Secretary / Compliance Officer
Rane Corporate Centre
Maithri”, No. 132, Cathedral Road,
Chennai – 600 086.
Phone +91-44-28112472 / +91-44-42292410,
Email : investorservices@ranegroup.com
Statutory Auditors
M/s. B S R & CO. LLP,
KPMG, KRM Tower, 1st & 2nd Floor,
No 1, Harrington Road,
Chetpet, Chennai – 600 031,
India. Tel: +91 44 3914 5000
Registrar & Transfer Agents
K Suresh Babu
Director
M/s Integrated Registry Management Services Private Ltd,
“Kences Towers”, 2nd Floor,
No 1, Ramakrishna Street,
North Usman Road,
T Nagar, Chennai – 600 017.
Phone : +91-44-28140801-03
Email : corpserv@iepindia.com
Website : www.integratedindia.in
Nodal Officer for IEPF
Name: Siva Chandrasekaran
Designation : Company Secretary / Compliance Officer
Email: investorservices@ranegroup.com
Materiality of event / information
L Ganesh, Chairman
P A Padmanabhan, Group CFO
Siva Chandrsekaran, Executive Vice President – Secretarial & Legal
Address: Registered Office: “Maithri”, 132 Cathedral Road,
Chennai –600086
Phone: 044 28112472
Email : investorservices@ranegroup.com
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, Rane t4u 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 and Avadh Sugar & Energy Limited.
Dr. Sheela Bhide
Dr (Ms) Sheela Bhide holds a doctorate in international trade from the Institute of International Studies, Geneva, a Master’s degree in economics from George Mason University, United States of America and a master’s in Public Administration from John F. Kennedy School of Government, Harvard University, United States of America. She also holds a Masters’ degree in Business Administration (MBA) with a specialisation in finance from Indira Gandhi National Open University and an M.A in Political Science from Poona University.
Dr (Ms) Sheela Bhide belongs to the 1973 branch of the Indian Administrative Service (IAS) and has handled several prominent positions in her 41 year-long career including Chairman and Managing Director, India Trade Promotion Organisation – Ministry of Commerce, Additional Secretary and Financial Advisor, Ministry of External Affairs & Ministry of Defence- Government of India, Joint Secretary, Ministry of Corporate Affairs and Principal Secretary, Finance & Industries and Commerce Department – Government of Andhra Pradesh.
She is presently the Senior Adviser to the EU-funded project on “Sustainable Development of Foundry Clusters in India” being implemented by Foundation for MSME Clusters, Delhi.
Dr (Ms) Sheela Bhide is also an Independent Director on the board of Ahluwalia Contracts (India) Limited. She also serves as a director in Gati-Kintetsu Express Private Ltd., Suryoday Foundation and Women Entrepreneurs International Trade and Technology Centre.
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 whole-time 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.