Rane Holdings Ltd
Rane Holdings Approves ₹15 Crore Loan to Subsidiary RSSL 💼
• ₹15 crore short-term intercorporate loan approved for wholly-owned subsidiary Rane Steering Systems Private Limited (RSSL)
• Loan term: up to one year with option for rollover by mutual agreement
• Interest payable monthly with quarterly reset
• Loan is unsecured with no security provided by RSSL
• Total exposure to RSSL now reaches ₹40 crores (includes previous ₹25 crore loan from November 2025)
• Funds to be used for RSSL's general corporate purposes and operational expenses