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- Important
- Financial Update
- Fund Raise
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Rane (Madras) Limited has announced a board meeting to approve the financial results for the quarter and half-year. The company is moving ahead with transferring equity shares, whose dividends have remained unpaid or unclaimed for seven years, to the Investor Education and Protection Fund. This includes shares linked to the final dividend for FY 2017-18 and shares from the merged Rane Brake Lining Limited. Shareholders should check for unclaimed dividends and claim them before the deadline to avoid transfer. Such shares and dividends can be reclaimed from the fund later through a formal process.