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Rane Holdings Ltd

NSE: RANEHOLDIN BSE: 505800

1066

(0.31%)

Tue, 24 Mar 2026, 01:29 am

Company History

1929

  • The Company was Incorporated at Chennai.

1956

  • Authorised capital increased.
  • 45,960 Bonus equity shares issued in the prop. 1:1.

1957

  • 91,920 Right Equity shares at par in the prop. 1:1.

1960

  • 61,280 Right equity shares issued at par in the prop. 1:3.

1964

  • 65,000 Right A pref. shares and 1,22,560 Right equity shares issued at par in 1964-65.

1966

  • 1,22,500 Bonus equity shares issued in the prop. 1:3.

1968

  • Authorised capital increased.
  • 2,45,120 Bonus equity shares issued in the prop. 1:2.

1971

  • 3,67,680 bonus equity shares issued in the prop. 1:2.

1975

  • Commercial Production of steering gears in technical collaboration with M/s. Burman & Sons, Ltd., of U.K. commenced on 20th February.

1978

  • The Company's collaboration agreement with Automotive Products, Ltd., U.K. for the manufacture of gearless type of rod ends was approved by Government.

1979

  • 5,51,520 Rights equity shares issued at par in prop. 1:2.
  • 1,40,000 shares allotted in conversion of loans and 70,000 shares as Rights entitlement to ICICI.

1981

  • The Company undertook to set up a project in Mysore for the manufacture of 40,000 steering gears per annum.

1982

  • The Company undertook to set up a project in Mysore for the manufacture of 40,000 steering gears per annum.

1985

  • The Company entered into a technical aid agreement with TRW Ehrenreich.

1986

  • 9,32,280 Bonus equity shares issued in prop. 1:2 in February 1982.
  • 6,99,210 bonus shares issued in prop. 1:2.
  • Pref. shares redeemed on 30.9.1982.
  • All shares then classified as equity and consolidated on 1.10.1982.

1987

  • Rane Power Steering Ltd. was incorporated as a wholly owned subsidiary of the company to implement fully integrated power steering project.

1990

  • Rane Power Steering Ltd., ceased to be a subsidiary of the Company.

1994

  • 20,97,630 Bonus equity shares issued in prop. 1:1.

2003

  • Rane Engine Valves Ltd acquires 25,000 shares amounting 0.60% of Rane (Madras) Ltd.

2005

  • Company has changed its name from Rane (Madras) Ltd. to Rane (Madras) Ltd.

2009

  • Rane Holdings Limited has appointed Mr. L Ganesh as Joint Managing Director.

2010

  • Joint Venture between the Rane Holdings Ltd. and NSK Ltd., Japan, formed the company by name Rane NSK Steering Systems Ltd.

2011

  • Rane enters Defense & Aerospace industry; Acquires 26% Equity Stake in SasMos a Bengaluru based Supplier to Defense & Aerospace Industries.

2012

  • Rane Holdings has declared an interim dividend of Rs. 6/- per equity share.

2013

  • Rane Brake Lining Limited wins Deming Grand Prize.
  • Rane (Madras) Limited won Engineering Export Promotion Council's award for the year 2012-13 under the category Quality Excellence.

2014

  • Board recommended a Dividend of Rs. 6.50 per equity share.

2015

  • Rane TRW Steering Systems Limited received award from Tata Motors in Recognition of Long Association with Tata Motors for 25 years.
  • Rane (Madras) Limited, Puducherry QCC team, Vetri has won 2nd place in the 12th Puducherry State Level QC Convention organised by CII.
  • Rane TRW Steering Systems Private Limited (SGD) P3 QCC team, Solutions QCC won 3rd place in the 28th State level QC Convention organised by CII.

2016

  • Rane NSK Steering Systems P Ltd. (RNSS) received NSK’s President Award 2016 on 8th November 2016 at NSK, Japan during their Centenary celebration.
  • Rane Brake Lining Limited, Trichy received BRONZE Award for HR Excellence in All India level (Large category) from ACMA, on 30th August 2016.

2017

  • RBL Trichy has won 1st place in CII (SR) 5S Excellence Award 2016 at Southern Region Level.
  • Rane Group received Component Maker of the Year award from Auto Components India magazine ACI Awards 2017.

2018

  • Rane TRW Steering Systems Pvt. Ltd. has received the New Product Development Award by SML ISUZU.
  • RML P4 won Second Prize at the CII National competitiveness for Single Minute Exchange of Dies SMED Award 2018.

2019

  • RTSS- OSD, Chennai has won the Outstanding Prize in QCFI Kaizen Competition.
  • Rane Engine Valve Ltd has received an award for outstanding contribution in Quality & Delivery excellence by VE Commercial Vehicles at the Annual Supplier conference held in Indore.

2020

  • RML has received Appreciation Award for Sales & Delivery in FY21 from International Tractors Limited.
  • RML has received the award for Exceptional Support during Challenging Times from Tata Motors Limited.

2021

  • RML has received 2nd Runner-up Award for Best Supplier in Quality Month Celebration from Tata Motors Commercial Vehicle Business Unit, Jamshedpur.
  • RNSS, Bawal Plant has won the Excellence in Health, Safety & Environment Silver Award under Very Large category in the Virtual ACMA Excellence Awards 2020.

2022

  • Prestigious Deming Award Conferred Upon L Ganesh, Chairman -Rane Group.

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