Rane Brake Lining Ltd Board approves final dividend of Rs. 11

The Board of Directors of Rane Brake Lining Ltd at their meeting held on June 17, 2020 (today), recommended a final dividend of Rs. 11.00 /- per equity share on 79,14,980 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 Fifteenth Annual General Meeting of the company scheduled to be held on, August 05, 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 July 29, 2020 (Wednesday) (Record Date fixed for this purpose)

The final dividend, if declared by the shareholders will be paid / dispatched on August 11, 2020 (Tuesday) to the eligible shareholders.

Shares of RANE BRAKE LINING LTD. was last trading in BSE at Rs.470.2 as compared to the previous close of Rs. 475.45. The total number of shares traded during the day was 781 in over 120 trades.

The stock hit an intraday high of Rs. 486.25 and intraday low of 459.55. The net turnover during the day was Rs. 369407.

Source : Equity Bulls

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