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  • 39,735.53-1,448.4-3.65%
  • 11,201.75-431.5-3.85%
Rane Holdings Ltd (Auto Parts & Equipment)Last traded on( 28/Feb/2020)

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Acquisition RANEHOLDIN : Rane Holdings Limited has informed the Exchange about Acquisition Pursuant to preferential issue of warrants made by Rane (Madras) Limited (RML), in terms of Chapter V of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, the Company has on December 18, 2019 acquired 17,42,160 warrants of face value Rs.10/- each on payment of Rs. 12,50,00,000 being warrant subscription price at 25% of issue price, convertible in one or more tranches into 17,42,160 Equity shares of face value of Rs.10/- each fully paid up, at the issue price of Rs.287 per equity share (i.e. at a premium of Rs.277 per equity share) at any time on or before the expiry of 18 (eighteen) months from the date of allotment of the said warrants.20/Dec/2019
Pursuant To Preferential Issue Of Warrants Made By Rane (madras) Ltd (rml) In Terms Of Chapter V Of Sebi (issue Of Capital And Disclosure Requirements) Regulations 2018 The Company Has On December 18 2019 Acquired 1742160 Warrants Of Face Value Rs.10/- Each On Payment Of Rs. 125000000 Being Warrant Subscription Price At 25% Of Issue Price Convertible In One Or More Tranches Into 1742160 Equity Shares Of Face Value Of Rs.10/- Each Fully Paid Up At The Issue Price Of Rs.287 Per Equity Share (i.E. At A Premium Of Rs.277 Per Equity Share) At Any Time On Or Before The Expiry Of 18 (eighteen) Months From The Date Of Allotment Of The Said Warrants.,rane Holdings Ltd - 505800 - Announcement Under Regulation 30 (lodr)-acquisition19/Dec/2019