Rane Brake Lining has informed that the Board of Directors at their meeting held on May 17, 2017, has recommended a final dividend of Rs 9 per equity share on 79,14,980 equity shares of Rs10 each fully paid up, for the financial year 2016-17 which is subject to approval of the members at the ensuing twelfth Annual General Meeting. The final dividend, if declared by the shareholders will be paid / dispatched on August 30, 2017 (Wednesday) to the eligible shareholders.
The above information is a part of company’s filings submitted to BSE.