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Rane Engine Valve Ltd. is conducting a postal ballot for shareholder approval on the payment of commission to Mr. Harish Lakshman, the Chairman and Non-Executive Director. The remote e-voting period runs from November 7, 2024, to December 6, 2024. The proposed commission is up to 2% of the company’s net profits for two years, with a minimum payment of ₹35,00,000 if profits are low or nonexistent. Shareholders can vote electronically.