Rane (Madras) Limited — Others, 07-04-2025: Amendment to AOA/MOA

Rane (Madras) Limited has announced a board meeting to discuss the issuance of 21 equity shares of Rane (Madras) Limited for every 20 equity shares held in Rane Brake Lining Limited, with a face value of ₹10 each. The company's authorized share capital will increase to ₹58 crore, divided into equity and preference shares. Following the scheme's effectiveness on April 7, 2025, Rane Engine Valve Limited and Rane Brake Lining Limited will dissolve automatically, vacating the positions of their Directors, Key Managerial Personnel, and Statutory Auditors. Investors may view this as a strategic consolidation move, indicating a positive outlook for Rane (Madras) Limited's operational efficiency.