Rane Engine Valve Limited — Dividend/Bonus, 07-04-2025: Record Date
07-04-2025 | 01:08 pm
07-04-2025 | 01:08 pm
The record date for determining eligible shareholders of Rane Engine Valve Limited, regarding the allotment of equity shares in Rane (Madras) Limited following the amalgamation, has been set for April 22, 2025. Under the proposed ratio, shareholders will receive 9 equity shares of Rane (Madras) Limited for every 20 equity shares held in Rane Engine Valve Limited. This corporate action aims to facilitate the smooth transition of equity post-amalgamation and may impact the share structure and ownership distribution.
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