Rane (Madras) Limited — Important, 16-07-2025: Updates

Rane (Madras) Limited's Fractional Share Trust has completed the sale of 9,324 equity shares on stock exchanges. This action stems from the company's Scheme of Amalgamation, addressing fractional entitlements. The Trust will now proceed to disburse the net sale proceeds to eligible shareholders. This step finalizes a key part of the amalgamation process, ensuring cash distribution for fractional holdings. The company will submit reports upon completion of this distribution.