Acquiring Company
Rane (Madras)
Acquired Company
Hindustan Composites
ChennaiIndiaManufacturingAutomotiveManufacturingAutomotiveDescription
Rane (Madras) Limited has completed the acquisition of Hindustan Composites' Friction Business effective August 20, 2026. This move aims to integrate the friction business into Rane's Brake Components Business to maximize operational synergies. The transition involves key leadership changes, including the appointment of Pawan Kumar Choudhary as President of the Compo Division. The acquisition is expected to enhance earnings per share from the first year.
Quick answer
Rane (Madras) is acquiring Hindustan Composites, announced August 20, 2026. Rane (Madras) is based in Chennai, Tamil Nadu, India.
- How much did Rane (Madras) pay for Hindustan Composites?
- The deal value was not disclosed.
- What does Rane (Madras) do?
- Rane (Madras) is a leading automotive component manufacturer in India.
- Where are Rane (Madras) and Hindustan Composites based?
- Rane (Madras) is based in Chennai, Tamil Nadu, India. Hindustan Composites is based in India.
- Who are the decision-makers at Rane (Madras)?
- Fundz holds 2 contacts at Rane (Madras). Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Hindustan Composites?
Hindustan Composites was acquired by Rane (Madras), based in Chennai. The deal was reported on August 20, 2026. Rane (Madras) is a leading automotive component manufacturer in India. The company specializes in producing steering and suspension systems. It focuses on excellence in design and innovation to serve its clients. Rane (Madras) is privately held and operates in Manufacturing.
When did Rane (Madras) acquire Hindustan Composites?
Rane (Madras)'s acquisition of Hindustan Composites was reported on August 20, 2026. Rane (Madras) Limited has completed the acquisition of Hindustan Composites' Friction Business effective August 20, 2026. This move aims to integrate the friction business into Rane's Brake Components Business to maximize operational synergies. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Hindustan Composites do?
Hindustan Composites specializes in friction materials and is known for its high-quality products. The company has a strong market presence in the automotive sector. Hindustan Composites focuses on manufacturing friction discs and pads for various vehicles. It is privately held, operating in Manufacturing, and is based in India.
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