Rane (Madras) Limited completes acquisition of Hindustan Composites’ friction business

News
M&A
ATI News Team

The acquired business will be integrated into RML’s Brake Components Business

On Aug. 21, 2026, Rane (Madras) Limited (RML), a supplier of India-based auto component group Rane Group, announced that it has completed the previously announced acquisition of Hindustan Composites Limited’s friction business after receiving regulatory approvals and meeting other closing conditions.

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