# Rane Group to merge Rane Brake Lining and Rane Engine Valve into Rane (Madras)

The boards of Rane (Madras) Ltd, Rane Brake Lining Ltd, and Rane Engine Valve Ltd approved a scheme of arrangement to merge Rane Brake Lining and Rane Engine Valve into Rane (Madras), creating a larger auto component player with a combined turnover of ₹3,373 crore.

- Type: Acquisition
- Announced: 2024-02-09
- Where: Chennai, India
- Status: announced
- Products: brake linings, engine valves
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Rane Madras](https://endata.com/companies/58387.md) (acquirer)
- [Rane Brake Lining](https://endata.com/companies/75552.md) (target)
- [Rane Engine Valve](https://endata.com/companies/75553.md) (target)

## Sources

- [thehindubusinessline.com](https://www.thehindubusinessline.com/companies/rane-group-to-merge-rane-brake-engine-valve-with-rane-madras/article67829687.ece), 2024-02-09: "The proposed reorganisation will bring all operating business subsidiaries under one single company, and it will create a larger company with a combined turnover of ₹3,373 crore."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.