Rane (Madras) Limited — Dividend/Bonus, 07-04-2025: Record Date

The record date for determining eligible shareholders of Rane Engine Valve Limited and Rane Brake Lining Limited, in relation to the amalgamation with Rane (Madras) Limited, is set for April 22, 2025. Shareholders of Rane Engine Valve Limited will receive 9 equity shares for every 20 shares they hold, while shareholders of Rane Brake Lining Limited will receive 21 equity shares for every 20 shares held. This corporate action is part of the ongoing amalgamation process and is expected to enhance shareholder value and strengthen the combined entity’s market position.