REVL

Rane Engine Valves Limited has informed the Exchange that at the meeting of the Board of Directors of the Company held on October 25,2006, the Board elected Mr. L Ganesh as Chairman of the Company, as Mr L Lakshman expressed his desire to relinquish his position as Chairman. Mr Lakshman, however, continues as a non-executive director on the Board.

Rane Engine Valves Limited has informed the Exchange that Mr H Ramachandran has resigned from the services of the Company, as Secretary, with effect from January 17, 2006. The Board has taken on record his resignation, at its meeting held on January 27, 2006. Consequent to his resignation, the Board has appointed, Mr. B Swaminathan, Vice-President - Finance, as Compliance Officer, with immediate effect.

Rane Engine Valves Limited has informed the Exchange that the Board of directors of the company at their meeting held on March 24, 2005 re-appointed Mr L Ganesh, as Managing Director of the company for a further period of three years from April 01, 2005 to March 31, 2008.