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Rane Holdings Ltd. Capital/Financing Update 2021

Jun 30, 2021

61191_rns_2021-06-30_1a390386-603f-4a85-8f4a-14edf150e9bd.pdf

Capital/Financing Update

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//OnlineSubmission
RHL/SE/20t2021-22 June30,2021
BSELimited NationalStockExchangeof lndiaLtd.
ListingCentre NEAPS
CodeNo. 505800 Code.RANEHOLDIN

Annexure-A
Particulars Details
a)name of thetarget entity, detailsin brief M/s.Ranet4u PrivateLimited
such as size,turnoveretc. Rs.inCrs)
Year202120202019
Turnover10.9919 7424.29
Paid-upequityandpreferenceshare
b)whethertheacquisitionwouldfallwithin capital:INR29.51crores.
related party transaction(s) and whetherthe No.
promoter/ promoter group/ groupcompanieshaveanyinterestintheentitybeing Mr. Harish Lakshman is interestedin his
acquired?lfyes,nature of interest and detailéthereof andwhetherthesameisdoneat"arm'slength" capacityasdirectoronboththecompanies.
c)industryto which the entitybeing acquired FleetTelematicsservices
-þeþ¡gsd)oþJectsand effectsofacquisition(includingbutnotlimitedto,disclosureofreasons foracquisitionoftarget entity,ifitsbusinessisoutsidethe mainlineof businessofthelisted Objects:Acquisitionoffurthershareholdingfromexistingshareholders/other promoterspursuant
entity) to Shareholders Agreement.
e) brief details of anygovernmentalor regulatory None
approvals requiredfortheacquisition
f)indicativetimeperiodfor completionof the June30,2021
acquisition
g)nature of consideration-whethercashconsideration or shareswap anddetails of Cash investmentinequityShares
thesame
h)cost of acquisitionortheprice atwhichtheshares areacquired SharesareacquiredatapriceofRs.5.80per equityshareofface valueof
Rs.10Êeach. Total cost:Rs. 6,57,1401-.
i)percentage of shareholding / control acquired Percentage:6.80%
and/ or numberofsharesacquired No.of Shares.1,13,300
j)brief background abouttheentity acquiredin Business: FleetTelematicsService
termsofproducts/lineofbusinessacquired,dateofincorporation, historyoflast3years Provider/Connectedmobility solutions.
turnover, countryinwhich the acquiredentityhaspresenceand anyothersignificantinformation (inbrief) Dateof lncorporation:March26,2009.Turnoverforlast three years(lNR):
tn Crs
Year202120202019
Turnover10.9919.7424.29
Countryofpresence:Locatedinlndia.
The services are providedinlndia,South
Asia, MiddleEast andAfricancountries.

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