Rane Engine Valve sells land for Rs 95 crore

The company said land was balance portion of a larger parcel of land where it has set up a manufacturing facility

Rane Engine Valve Ltd has sold its 6.8 acres in Alandur, Chennai, for Rs 94.8 crore.

The company said in a regulatory filing the land was the balance portion of a larger parcel of land where it has set up a manufacturing facility to consolidate its manufacturing operations.