Rane Brake Lining Share Price

Rane Brake Lin.

CMP as on 04-Dec-20 15:40

₹ 698.85
2.95 0.42%

Open

₹ 698.90

Turnover (lac)

₹ 53

Prev. Close

₹ 695.90

Day's Vol (shares)

₹ 7,570

Day's Range (₹)

₹ 695.00
₹ 707.80

CMP as on04-Dec-20 15:17

₹ 697.60
1.45 0.21%

Open

₹ 700.00

Turnover (lac)

₹ 27

Prev. Close

₹ 696.15

Day's Vol (shares)

₹ 851

Day's Range

₹ 692.05
₹ 708.20

Corporate Action

Go
Purpose AGM Date Announcement Date Book Closure Start Date Book Closure End Date
Board Meeting - 29-Sep-2020 - -
RANE BRAKE LINING LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 15/10/2020 ,inter alia, to consider and approve approve the Unaudited Financial Results for the quarter and half-year ending September 30, 2020. Further, in compliance with regulation 47 of SEBI LODR, an advertisement of notice of meeting of the Board of Directors for the above purpose is also being issued in the newspapers, viz., Business Standard and Dinamani. The unaudited financial results would also be published in the said newspapers. RANE BRAKE LINING LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 15/10/2020 ,inter alia, to consider and approve This is further to our intimation of the Board meeting vide letter dated September 29,2020 referred above . The exchange may please note that the Board of Directors at its meeting convened on October 15, 2020, is scheduled to inter-alia consider a proposal for buyback of equity shares of the Company and matters connected thereto. The outcome of the Board Meeting will be disseminated to the stock exchanges after conclusion of the Board meeting on October 15,2020. Further, the Trading Window remains closed in accordance with Code to Regulate, Monitor and Report Trading by lnsiders (Rane lnsiders Code) for the Promoters, Directors, relevant Designated Persons and Connected Persons for this purpose. We request you take the above on record as compliance under the above referred regulations of SEBI LODR. (As per BSE Announcement Dated on 12/10/2020) This is further to our intimation dated October 12, 2020 and in terms of Regulation 30 of the SEBI LODR, we wish to inform you that the Board of Directors of the Company at its meeting held today approved the following: 1. The buyback by the Company of its fully paid up equity shares having a face value of Rs. 10/- (Rupees Ten) each, fully paid-up, for an aggregate amount not exceeding Rs.22 Crores (Rupees Twenty Two Crores only) (the Maximum Buyback Size) at a price not exceeding Rs. 825 (Rupees Eight Hundred Twenty Five only) per Equity Share (the Maximum Buyback Price and such Buyback the Buyback). The Buyback shall be made from all shareholders of the Company (other than from the promoters and promoter group of the Company, as set out in paragraph 4 below). A detailed announcement in this regard is enclosed. This is to inform that the Board,approved the un-audited financial results (UFR) of the Company for the quarter and half year ended Sep 30, 2020 along with the cash flow statement for the half year ended Sep 30, 2020 as recommended by the audit committee at their respective meeting(s) held today (October 15, 2020). The UFR of the Company for the quarter and half year ended Sep 30, 2020 is enclosed along with the Limited Review Report issued by M/s. Varma & Varma, Chartered Accountants, Statutory Auditors. (Regulation 33). The UFR will be uploaded on the website of the company at www.ranegroup.com and stock exchanges at www.bseindia.com and www.nseindia.com (Regulation 46). An earnings release for the above results is also enclosed (Regulation 30). The extract of the UFR will be published in newspapers, i.e., Business Standard and Dinamani in the format prescribed (Regulation 47). The meeting of the Board commenced at 11:00 hrs (IST) and concluded at 12 : 40 hrs (IST). The board of directors of the Company at their meeting held on October 15, 2020 (today) have, inter alia, have approved the following: (i)Appointment of Dr. (Mrs.) Brinda Jagirdar as an Additional Director (in the category of Independent Director) ; and (ii)Resignation by Mrs. Ranjana Kumar, Non-Executive - Independent Director, as per the retirement policy of the Company The details pursuant to Regulation 30 of SEBI LODR in connection with the above are furnished in the Annexure. (As Per BSE Announcment Dated on 15.10.2020)
Board Meeting - 30-Jun-2020 - -
RANE BRAKE LINING LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/08/2020 ,inter alia, to consider and approve the Unaudited Financial Results for the quarter ending June 30, 2020. In view of SEBI Circular no. SEBI/HO/CFD/CMD1/CIR/P/2020/79 dated May 12, 2020, the Company is availing the relaxation/ exemptions from publication of notice of board meeting in newspapers under Regulation 47 (1)(a) of SEBI LODR.
Board Meeting - 24-Mar-2020 - -
RANE BRAKE LINING LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 19/05/2020 ,inter alia, to consider and approve the Audited Financial Results for the quarter and year ending March 31, 2020. Further, in compliance with regulation 47 of SEBI LODR, an advertisement of notice of meeting of the Board of Directors for the above purpose is also being issued in the newspapers, viz., Business Standard and Dinamani. The Audited Financial Results would also be published in the said newspapers. (Revised) (As Per BSE Bulletin dated 07.05.2020) RANE BRAKE LINING LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 17/06/2020 ,inter alia, to consider and approve Audited Financial Results for the quarter and year ended March 31, 2020. Please note that due to national wide lock-down and other unavoidable circumstances on account of pandemic COVID-19, the meeting of the Board of Directors has been postponed and rescheduled to be held on June 17, 2020. (As Per BSE Announcement dated 07 May 2020) RANE BRAKE LINING LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 17/06/2020 ,inter alia, to consider and approve This is further to our aforementioned letter intimating a meeting of the Board of Directors scheduled to be held on June 17, 2020, inter-alia, to consider and approve audited financial results for the quarter and year ended March 31, 2020. We hereby intimate that at the said meeting, the Board may also consider a proposal to recommend a final dividend, if any, for the financial year 2019-20 and fix record date thereof. It may also be noted that the Trading Window under Rane Insiders Code, continues to remain closed for Promoters, Directors, other connected persons and designated employees of the Company till June 19, 2020 or 48 hours after conclusion of the Board meeting, whichever is later. (As Per BSE Announcement dated on 12.06.2020) This is to inform that the Board of Directors 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. The meeting of the Board of Directors commenced at 11:00 hrs (IST) and concluded at 13:45 hrs (IST) This is to inform that the Board of Directors 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. (As Per BSE Announcement Dated on 17.06.2020)
Board Meeting - 19-Mar-2020 - -
The board of directors of the Company at its meeting held on March 19, 2020 (today) has taken on record the retirement of Mr. Suresh Chandra Gupta, Non-Executive - Independent Director, as per the retirement policy of the Company The details pursuant to Regulation 30 of SEBI LODR in connection with the above are mentioned in the letter
Board Meeting - 24-Dec-2019 - -
RANE BRAKE LINING LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/01/2020 ,inter alia, to consider and approve the Unaudited Financial Results for the quarter and nine-months ending December 31, 2019. Further, in compliance with regulation 47 of SEBI LODR, an advertisement of notice of meeting of the Board of Directors for the above purpose is also being issued in the newspapers, viz., Business Standard and Dinamani. The unaudited financial results would also be published in the said newspapers. In accordance with Rane Code to regulate, monitor and report trading by insiders, the Trading Window would remain closed for promoters, Directors, other connected persons and designated employees of the Company from December 31, 2019 to January 25, 2020 (both days inclusive) for the purpose of considering the Unaudited Financial Results for the quarter and nine-months ending December 31, 2019. This is further to our letter intimating a meeting of the Board of Directors on January 23, 2020, inter-alia, to consider and approve the Unaudited Financial Results for the quarter and nine months ended December 31, 2019. We hereby intimate that at the said meeting, the Board may also consider a proposal for interim dividend, if any, for the financial year 2019-20 and fix record date thereof. (As per BSE Announcement dated on 20/01/2020) This is to inform you that the Board of Directors have at their meeting held today, i.e. January 23, 2020, inter-alia, declared an interim dividend of Rs. 6.00/- per equity share on 79,14,980 equity shares of Rs.10/- each fully paid up, for the financial year 2019-20 and approved the payment of the same to all the eligible shareholders whose name appear in the register of members of the Company as on February 04, 2020, Tuesday (Record date fixed for this purpose). The interim dividend will be paid / dispatched to the eligible shareholders on February 12, 2020 (Wednesday). The meeting of the Board of Directors commenced at 11:00 hrs (IST) and concluded at 17:05 hrs (IST). This is to inform you that the Board of Directors have at their meeting held today, i.e. January 23, 2020, inter-alia, declared an interim dividend of Rs. 6.00/- per equity share on 79,14,980 equity shares of Rs.10/- each fully paid up, for the financial year 2019-20 and approved the payment of the same to all the eligible shareholders whose name appear in the register of members of the Company as on February 04, 2020, Tuesday (Record date fixed for this purpose). The interim dividend will be paid / dispatched to the eligible shareholders on February 12, 2020 (Wednesday). (As Per BSE Announcement Dated on 23.01.2020) We hereby inform that Mr. Vinay Lakshman has resigned as Managing Director (Key Managerial Personnel) and as a Director, for his personal reasons. The board of directors at its meeting held on January 23, 2020 has accepted his resignation effective from the close of business hours on January 23, 2020. In view of the above change in the position of Key Managerial Personnel (KMP), the board has appointed Mr R Balakrishnan, President of the Company, as Manager under the Companies Act, 2013, for term of five years with effective from January 24, 2020, as per the recommendations of Nomination and Remuneration Committee and subject to approval of shareholders at the next general meeting. The disclosures regarding the above change in director / KMP, pursuant to regulation 30 of SEBI (LODR) are furnished vide Annexure A to this letter. (As Per BSE Announcement Dated on 24/01/2020)