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Rane Brake Lining Ltd Board approves Dividend of Rs. 9

Posted On: 2019-05-24 09:53:08

The Board of Directors at their meeting held on May 22, 2019 (today), recommended a final dividend of Rs. 9/- per equity share on 79,14,980 equity shares of Rs.10/- each fully paid up, for the financial year 2018-19 which is subject to approval of the members at the ensuing Fourteenth Annual General Meeting of the company scheduled to be held on, July 25, 2019 (AGM 2019) and the same shall be payable to all eligible shareholders whose name appear in the register of members of the Company as on July 18, 2019 (Thursday) (Record Date fixed for this purpose).

The final dividend, if declared by the shareholders will be paid / dispatched on July 30, 2019 (Tuesday) to the eligible shareholders.

Shares of RANE BRAKE LINING LTD. was last trading in BSE at Rs.600 as compared to the previous close of Rs. 623.55. The total number of shares traded during the day was 2898 in over 317 trades.

The stock hit an intraday high of Rs. 639.1 and intraday low of 595. The net turnover during the day was Rs. 1801822.


Source: Equity Bulls

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