Rane Holdings Ltd

Rane Holdings Acquires 49% Stake in ZF Lifetec Rane Automotive 🚗

- Acquired 2,81,740 equity shares (face value ₹10 each) in ZF Lifetec Rane Automotive India Private Limited (ZLRAI) on February 01, 2026.

- Stake increased to 49%, making ZLRAI an associate company.

- Acquisition part of a demerger between ZF Rane Automotive India Private Limited (ZRAI) and ZLRAI, approved by the National Company Law Tribunal.

- ZLRAI manufactures occupant safety systems and equipment, including seat belts and airbags.

- Rane Holdings continues to hold 49% in ZRAI post-demerger.

- Transaction conducted at arm's length with no promoter interest, based on a 1:1 share entitlement ratio per PwC Business Consulting Services LLP valuation.

- No governmental approvals required, as the acquisition is part of a court-sanctioned demerger scheme.