This is to inform that Rane Steering Systems Private Limited, wholly owned subsidiary of the Company has repaid entire Rs.50 Crores borrowed from the Company and there is no outstanding as on date.
RANEHOLDIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Rane Holdings Limited has informed that its wholly owned subsidiary, Rane Steering Systems Private Limited, has fully repaid the Rs.50 Crores it had borrowed from the holding company. As of the announcement date (August 8, 2025), there is no outstanding loan amount between the two entities. This brings to a close the inter-corporate loan arrangement referenced in earlier communications from November 2024 and February 2025.
The full repayment strengthens the subsidiary's balance sheet and eliminates inter-corporate debt obligations. For Rane Holdings, this means recovery of Rs.50 Crores in funds, which could be deployed elsewhere or reflected as improved cash position at the consolidated level.