Rane (Madras) Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 21, 2015, inter alia, has recommended to the shareholders a dividend of Rs. 4.50/- per share on the paid-up equity capital of Rs. 10,51,06,490 comprising of 1,05,10,649 equity shares of Rs. 10/- each fully paid-up.
Further, the equity dividend, when declared, will be paid / dispatched to the eligible shareholders on August 07, 2015.
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