5326612026-06-302026-06-305326612026-06-305326612026-06-302026-06-30PartiesOfTheAgreementDomain15326612026-06-30PartiesOfTheAgreementDomain1xbrli:pureRANE (MADRAS) LIMITEDRMLNewOthersBusiness Transfer AgreementExecution of agreementListed Entitytrue2026-06-3018:22:00true2026-06-30Proposed acquisition of friction business of M/s. Hindustan Composites Limited as a going concern on a slump sale basis (‘Business Transfer’)2026-06-30falseIt is for acquisition of friction business of M/s. Hindustan Composites Limited as a going concern on a slump sale basisNil1Hindustan Composites LimitedCounterparties to the agreementNilfalse2026-06-30Entering into Business Transfer Agreement (BTA)The BTA envisages the mutually agreed process and manner of completion of the Business Transfer and contains details including: (i) The details of assets, receivables, IPRs, books, movables, contracts, employees, all such other assets, liabilities that are utilized or held or developed for exclusive use in the conduct of the friction business of HCL to be taken over / acquired by the Company from the HCL pursuant to the Business Transfer; (ii) Actions precedent to completion of the Business Transfer and closing actions by the both the parties. (iii) Certain non-compete and non-solicit restrictions on the parties after the closing of the Business Transfer.falseNil