Rane Diecast merges with Rane (Madras)

June 29, 2013: The Chennai-based Rane Group has announced the merger of Rane Diecast Ltd (RDL) with Rane (Madras) Ltd (RML) effective April 1, 2013.

01 Jul 2013 | 3483 Views | By Autocar Pro News Desk

June 29, 2013: The Chennai-based Rane Group has announced the merger of Rane Diecast Ltd (RDL) with Rane (Madras) Ltd (RML) effective April 1, 2013.

The board of directors of both the companies approved the merger in their respective meetings held on June 28. The exchange ratio will be one ...

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