Rane Holdings: Rane Steering Systems Private Limited, Wholly Owned Subsidiary of the Company has received a GST Show Cause…
Rane Holdings (RANEHOLDIN) filed a disclosure titled "Rane Steering Systems Private Limited, Wholly Owned Subsidiary of the Company has received a GST Show Cause Notice for its Haryana location". The company is valued at about ₹2,257 crore.
What happened
Rane Holdings (RANEHOLDIN) filed a disclosure with the exchanges on 28 September 2026 at 10:35 PM titled "Rane Steering Systems Private Limited, Wholly Owned Subsidiary of the Company has received a GST Show Cause Notice for its Haryana location".
Company snapshot
Rane Holdings is a small-cap company, with a market value of about ₹2,257 crore.
The stock last traded at ₹1,580.6, against a 52-week range of ₹981–₹1,894.5 (16.6% below the high).
Before this filing the shares had moved −0.8% over the month and −5.1% over three months. Average daily turnover over the last 20 sessions was about ₹2.74 crore.
Promoters held 46.63% at the end of Q1 FY27. Foreign institutions owned 0.93% and domestic institutions 3.39%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 1,341 | 50.8 | 35.57 |
| Q2 FY26 | 1,399 | 23.5 | 16.45 |
| Q3 FY26 | 1,535 | -50.6 | -35.41 |
| Q4 FY26 | 1,609 | 74.2 | 51.93 |
| Q1 FY27 | 1,587 | 37.4 | 26.17 |
What history shows
BCEIE's records show 3 previous litigation filings from the company since May 2026.
Market-wide, 526 litigation filings with an impact score of 50 or more saw an average next-day move of −0.3%, with 36% rising.
Past reactions describe what happened before; they are not a forecast.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.