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Rane Group announces merger of Rane Brake Lining and Rane Engine Valve into Rane (Madras)

RBL shareholders will receive 21 fully paid-up equity shares of RML for every 20 fully paid-up equity shares of RBL held by them as on the record date. REVL shareholders will receive 9 fully paid-up equity shares of RML for 20 fully paid-up equity shares of REVL held by them. ....

Tamil Nadu , Harish Lakshman , Crane Group , Rane Brake Lining Limited , Rane Engine Valve Limited , Board Of Directors Rane Madras Limited , Vice Chairman , Rane Brake Lining , Rane Engine Valve , Lane Group ,