Rane Madras has informed that the allotment of committee of the board of directors of the Company at their meeting held on 28th December 2018, has allotted 365,630 equity shares of face value of Rs 10 each, as fully paid-up pursuant to exercise of 365,630 warrants allotted by RML on September 11, 2017 on preferential basis to Rane Holdings (holding Company). The allotment has been made for cash, upon receipt of entire balance of 75% of issue price i.e., Rs 149,999,707.50 (warrant exercise price). These equity shares now allotted, shall rank pari passu in all respects with the existing equity shares, including dividend, if any.
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| SamvardhanaMotherson | 123.90 |
| Tube Investments | 2874.95 |
| Bosch | 37844.40 |
| UNO Minda | 1133.35 |
| CIE Automotive India | 487.25 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: