About Rane (Madras) Limited

Rane (Madras) Limited is a public limited company incorporated under the Companies Act, 1956, with its registered office in Chennai, Tamil Nadu. The company’s equity shares are listed on BSE Limited and the National Stock Exchange of India Limited. The Group is a diversified manufacturer of automotive components, offering a wide range of products including steering and suspension linkage products, steering gear products, valves, guides, tappets, brake linings, disc pads, clutch facings, railway brake blocks, and high‑precision aluminium die casting products. It serves major original equipment manufacturers (OEMs) for passenger vehicles, utility vehicles, farm tractors, and commercial vehicles across domestic and international markets, while also supplying component manufacturers in the transportation sector.

The Group operates multiple manufacturing plants across India and has strengthened its global footprint with a manufacturing presence in Mexico. This international expansion aligns with its strategy to serve key customers closer to their markets and diversify geographically. As on March 31, 2025, the Group had two subsidiaries, as disclosed in the consolidated financial statements. A significant milestone for FY 2024‑25 was the amalgamation of Rane Engine Valve Limited and Rane Brake Lining Limited into Rane (Madras) Limited. This merger, sanctioned by the National Company Law Tribunal on March 24, 2025 and effective April 07, 2025, has expanded the Group’s scale and created a unified entity organised into five focused businesses: Steering and Linkage, Light Metal Castings, Engine Components, Brake Components, and Aftermarket Products.

Key Milestones of Rane (Madras) Limited

• Incorporated as a public limited company under the Companies Act, 1956.
• Listed on BSE and NSE, enhancing accessibility to public investors.
• Amalgamation of Rane Engine Valve Limited and Rane Brake Lining Limited effective April 07, 2025, consolidating operations under one entity.
• Organisation realigned into five business units for improved focus and operational synergy.
• Establishment of a global manufacturing footprint in Mexico to support international customers.
• Expanded Aftermarket business serving B and C towns and international markets, providing broader growth opportunities.

Rane (Madras) Limited Business Verticals and Geographic Presence

Business Verticals:

• Steering and Linkage Products – Steering and suspension linkage systems and steering gear products for automobiles and tractors.
• Engine Components – Valves, tappets, and guides for internal combustion engines.
• Brake Components – Brake linings, clutch facings, disc pads, and railway brake blocks.
• Light Metal Castings – High‑precision aluminium die casting products for automotive applications.
• Aftermarket Products – Cross‑portfolio replacement parts for steering, brake, and engine systems.

Geographies Covered:

• India: Multiple manufacturing facilities serving domestic automotive OEMs and component manufacturers.
• International: Manufacturing operations in Mexico, with growing supply chains extending to the US, Europe, Africa, and the Middle East.

Rane (Madras) Limited Business Segment

Rane (Madras) Limited operates as part of the Rane Group’s diversified automotive components business, serving leading OEMs globally. Following the 2025 amalgamation, the company’s operations were restructured into five focused business streams — Steering and Linkage, Light Metal Castings, Engine Components, Brake Components, and Aftermarket Products. Each vertical contributes to multiple vehicle platforms, including passenger cars, commercial vehicles, tractors, and railways, strengthening the company’s product diversification. The Mexico expansion complements domestic operations, providing access to global markets and enabling just‑in‑time delivery models to international customers.

Rane (Madras) Limited Key Management

• Harish Lakshman – Chairman and Managing Director
• Ganesh Lakshminarayan – Director
• B. Gnanansambandam – Chief Financial Officer
• S. Subha Shree – Company Secretary
• Gowri Kailasam – Chief Executive Officer (Steering and Linkage Division & Light Metal Casting Division)

Latest Updates on Rane (Madras) Limited

• Amalgamation completed: The merger of Rane Engine Valve Limited and Rane Brake Lining Limited with Rane (Madras) Limited became effective April 07, 2025. The consolidated entity now operates through five key business divisions to reinforce customer alignment and product synergies.
• Aftermarket consolidation: The Aftermarket Products business was brought under one platform, improving coordination across sales teams and product lines, targeting market share growth through better reach and value proposition in Tier‑II and Tier‑III cities.
• Export growth in brake components: New export contracts were secured for the US, while entry into newer markets, including Africa and the Middle East, strengthened the company’s international presence. The expansion of certifications and product lines supported sustained export momentum.
• Global manufacturing expansion: The Group established a subsidiary in Mexico, where it is setting up a manufacturing facility to support international customers and operational proximity to major automotive hubs in North America.

R&D and technology initiatives: Developed next‑generation ECUs for column‑mounted electric power steering systems; designed power steering cylinders for heavy commercial vehicles; and localised critical components such as ball joints for international OEMs. R&D continued to focus on improving durability and reducing cost within safety‑critical applications.