Rane Holdings: Promoter group transfers 1.05 lakh shares worth ₹14.1 crore
Rane Holdings Limited has disclosed inter-se transfer of shares among its promoter and promoter group members. Rathika R Sundaresan transferred 52,500 equity shares for ₹7.06 crore. Concurrently, Gane...
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Why is Rane Holdings Limited in the news today?
Rane Holdings Limited (RANEHOLDIN) is in the news due to the announcement details routine share transfers within the promoter group, which are typically neutral events and do not inherently suggest a positive or negative outlook for the company.
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Rane Holdings: Promoter group transfers 1.05 lakh shares worth ₹14.1 crore
December 31, 2025, 04:16 PM
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More Details on This News
Rane Holdings Limited has disclosed inter-se transfer of shares among its promoter and promoter group members. Rathika R Sundaresan transferred 52,500 equity shares for ₹7.06 crore. Concurrently, Ganesh L (jointly with Meenakshi Ganesh) purchased 26,250 equity shares for ₹3.52 crore, and Harish Lakshman purchased 26,250 equity shares for ₹3.52 crore.
These transactions took place on December 29, 2025, and were intimated to the company on December 30, 2025. The transfers were executed on the BSE via off-market inter-se transfer.
Following these transactions, Rathika R Sundaresan's shareholding decreased from 4.38% to 4.01%, while Ganesh L and Meenakshi Ganesh's combined holding increased from 5.22% to 5.44% (post-transaction number 7,45,346 shares). Harish Lakshman's holding increased from 1.00% to 1.19% (post-transaction number 1,69,617 shares).
The disclosures were made in compliance with Regulation 7(2) read with Regulation 6(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.
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