RANE (MADRAS) LTD. - Announcement under Regulation 30 (LODR)-Updates on Acquisition

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03 Nov 2021
This is further to our aforementioned letters intimating the acquisition of Steering and Components Division (SCD) of M/s. Yagachi Technologies Private Limited. <BR> <BR> We hereby inform that in accordance with the Business Transfer Agreement (BTA) executed with M/s. Yagachi Technologies Private Limited, the Company has taken over possession of the assets under the BTA and paid the purchase consideration in cash except the retention money as per closing conditions. <BR> <BR> We request you to take the above on record under the aforementioned regulations of SEBI LODR and acknowledge receipt.
View all announcements for RANE (MADRAS) LTD.	Source: BSE India

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