The Board of Directors of the Rane Holdings Limited at their meeting held (November 02, 2021) have inter alia, based on the recommendations of the Nomination & Remuneration Committee and approval of Audit Committee, appointed Mr. MAP Sridhar Kumar, as Chief Financial Officer (CFO) of the Company effective February 01, 2022 and noted the transfer of Mr. J Ananth effective closure of business hours on January 31, 2022. Mr. MAP Sridhar Kumar, is a qualified Chartered Accountant, and has over 26 years o 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 Brake Lining Limited Subsidiary Company. His areas of expertise include Strategic Business Planning Budgeting, Cost controls, Optimising Tax benefits, Management Information Systems Treasury Management etc.