Rane Brake Lining Limited at its board meeting held on May 15, 2024 approved cessation of Mr. J Ananth as Chief Financial Officer, effective closure of business hours on June 30, 2024, pursuant to transfer of services within the Rane Group and based on the recommendations of the Nomination & Remuneration Committee and Audit Committee, the appointment of Mr. MAP Sridhar Kumar as Chief Financial Officer (CFO) of the Company effective July 01,2024. Mr. MAP Sridhar Kumar, is a qualified Chartered Accountant, and has over 29 years of professional experience in diverse areas in accounting and financial management field. He is associated with Rane group since 1997 and currently the CFO of Rane Holdings Limited, Holding Company.

He was the past CFO of Rane Brake Lining Limited. His areas of expertise include Strategic Business Planning, Budgeting, Cost controls, Optimising Tax benefits. Management Information Systems, Treasury Management etc.