UpdatesPress Release
Rane (Madras) acquires Hindustan Composites' friction business for ₹370 Cr, creating India's largest friction solutions platform.
Rane (Madras) LimitedRML · Filed with the exchange
The deal combines RML's ₹700 Cr+ existing business with HCL's ₹315 Cr revenue, forming a ₹1,000 Cr+ entity, expecting significant synergies and market expansion.
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