Rane (Madras) Limited (RML) — Announcement | 20 August 2026(2 announcements)

· NSE 🔴 High Importance Neutral
By StockFin Research Team AI-Assisted Analysis Source: BSE/NSE Filings
1 Announcement 🔴 High Importance Neutral 📄 PDF
📢 Key Event
RML completes friction business acquisition of HCL
🔮 What's Next
EPS accretive from year one onwards

Rane (Madras) Limited completed its acquisition of Hindustan Composites Limited's friction business on August 20, 2026, fulfilling all closing conditions and integrating the business into its brake components operations to drive synergies and EPS accretion from year one.

2 Announcement Neutral 📄 PDF
📢 Key Event
RML completes acquisition of HCL's friction business
🔮 What's Next
EPS accretive from year one onwards

Rane (Madras) Limited completed its acquisition of Hindustan Composites Limited's friction business on August 20, 2026, as confirmed in a regulatory filing. The transaction, finalized after fulfilling all closing conditions, integrates the acquired business into RML's brake components operations to drive synergies and EPS accretion from year one. This strategic move strengthens RML's market position in the automotive friction segment and aligns with its expansion roadmap.

About Rane (Madras) Limited (RML)

Automobile and Auto Components · Auto Ancillaries · Listed on NSE

Market Cap: ₹3,088.17 Cr P/E: 25.9 ROE: 15.9% ROCE: 15.9% Div Yield: 1.43%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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