Rane Holdings Ltd: Result of Postal Ballot

Rane Holdings Ltd has informed BSE that the members of the Company, by way of Postal Ballot, have passed the Special Resolution relating for making loan(s), giving guarantee(s), providing security(ies), in connection with loans made to, and/or acquire by way of subscription, purchase or otherwise the securities of or convert existing loans into share capital in, Rane Diecast Ltd., for a further sum not exceeding Rs. 150 Million, in addition to the loans, guarantees, securities already provided / investments made by the Company.Read More