Rane Holdings Limited announced that the Board of Directors of the company at their meeting held March 31, 2017 have approved the appointment of L Lakshman as Chairman Emeritus, L Ganesh as Chairman and Managing Director and elected Harish Lakshman as Vice Chairman, all the appointments are effective from April 1, 2017. The Board has also decided to seek approval of the shareholders, where applicable, by way of postal ballot.