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Exchange Received Time  25/07/2018 21:48:04 Exchange Disseminated Time 25/07/2018 21:48:05 Time Taken 00:00:01 | Considering the business requirements including new businesses, repayment of debts and other operational requirements in overseas subsidiaries, the board of directors of the Company at its meeting held today i.e., July 25,2018, inter-alia has approved enhancement in overall investments up to USD 10 Million in the equity capital of Rane Precision Die Casting (RPDC), Step Down Subsidiary of the Company, through Rane (Madras) International Holdings B V, The Netherlands (RMIH), Wholly Owned Subsidiary of the Company, over the next three to five years. |
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