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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.

Rane (Madras) Ltd. engages in the manufacture and supply of auto components for the transportation industry. Its business divisions include Steering and linkage, and Die casting division. It offers steering and suspension linkage, aluminum die casting, and steering gear products. It operates through the India and Rest of the World geographical segment. The company was founded in 1929 and is headquartered in Chennai, India.

Rane (Madras) Ltd

Volume	16,003.00
52-Wk High	1,023.00
52-Wk Low	603.55

RML.NSE Rane (Madras) Ltd

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