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Rane (Madras) Ltd. was founded in 1929, it manufactures steering and suspension linkage products, steering gear products and specialized aluminum high pressure die-casting products and provides connected mobility solutions. The Company is a supplier to major manufacturers of Passenger Vehicles, Utility Vehicles and Farm Tractors and has a strong presence in mechanical steering gears and hydrostatic gear systems. The…
Rane (Madras) has declared a dividend of Rs. 4.00 per equity share. The 22nd Annual General Meeting will convene via video conference to address key company developments and shareholder matters.
Rane (Madras) acquires Hindustan Composites' friction business for 370 Cr cash, including the "COMPO" brand. This deal creates India's leading ₹1,000+ Cr friction materials platform, establishing RML as market leader and unlocking major operational synergies.
Rane (Madras) has set the payment date for its final dividend. This dividend, previously proposed by the Board, will be disbursed to eligible shareholders if declared.
Rane (Madras) efficiently processed 2 physical share transfer requests, approving all of them. The average processing time was 12 days, showcasing smooth administrative operations for shareholders.
Rane (Madras) reported on physical share transfer requests. Two requests were received and subsequently rejected after verification. This reflects a routine operational update.