Rane (Madras) has informed that the board of directors of the company at its meeting held on January 23, 2013, has declared an interim dividend of Rs. 2 per equity share for the year ending March 31, 2013, on the paid up equity capital of Rs. 10,16,41,450 comprising of 10,164,145 equity shares of Rs. 10 each.
Further, informed that V. Narayanan, an independent director retired from the board with effect from January 23, 2013 on attaining the age of 75 years as per the retirement policy of the company.
The above information is a part of company’s filings submitted to BSE.
