An announcement from Rane (Madras) Limited (IN:RML) is now available. Rane (Madras) Limited announced the approval of a special resolution for the appointment of Mr. Harish Lakshman as Managing Director, along with the approval of his remuneration. This decision was made following a postal ballot where the resolution received the requisite majority. The approval is expected to strengthen the company’s leadership and potentially enhance its operational efficiency and strategic direction. Rane (Madras) Limited operates in the automotive industry, focusing on manufacturing and supplying various automotive components. The company is part of the Rane Group, which serves a wide range of market segments within the automotive sector. YTD Price Performance: -34.10% Average Trading Volume: 688 Current Market Cap: 9.6B INR Find detailed analytics on RML stock on TipRanks’ Stock Analysis page.

Rane (Madras) Limited Appoints Harish Lakshman as Managing Director

Rane (Madras) Limited, a company operating in the automotive industry and part of the Rane Group, announced the appointment of Mr. Harish Lakshman as Managing Director. This decision was made following a postal ballot where the resolution received the requisite majority. The appointment is expected to strengthen the company’s leadership and potentially enhance its operational efficiency and strategic direction.