Rane Holdings Ltd Board approves final dividend of Rs. 4 for FY20

The Board of Directors of Rane Holdings Ltd at their meeting held on June 24, 2020 (Wednesday) have, recommended a final dividend of Rs. 4.00/- per equity share on 1,42,77,809 equity shares of Rs.10/- each fully paid up, for the financial year 2019-20 which is subject to approval of the members at the ensuing Eighty Forth Annual General Meeting of the company scheduled to be held on Friday, August 14, 2020 (AGM 2020) and the same shall be payable to all eligible shareholders whose name appear in the register of members of the Company as on August 07, 2020 (Friday) (Record Date fixed for this purpose).

The final dividend, if declared by the shareholders, will be paid / dispatched on August 19, 2020 (Wednesday) to the eligible shareholders.

Shares of RANE HOLDINGS LTD. was last trading in BSE at Rs.481.25 as compared to the previous close of Rs. 401.05. The total number of shares traded during the day was 24006 in over 875 trades.

The stock hit an intraday high of Rs. 481.25 and intraday low of 392.7. The net turnover during the day was Rs. 11447071.

Source : Equity Bulls

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