Quarterly Result6 May 2026, 02:08 pm
Rane (Madras) Recommends ₹16 Dividend; FY26 Revenue at ₹3,863.42 Mn
AI Summary
Rane (Madras) Ltd's board approved the audited financial results for the year ended March 31, 2026. The board recommended a dividend of ₹16 per equity share, subject to shareholder approval at the AGM on August 5, 2026. The record date for dividend eligibility is July 29, 2026, with payment scheduled for August 14, 2026. The board also reconstituted various committees and designated key officials for determining the materiality of events. The company's revenue from operations for FY26 stood at ₹3,863.42 million.
Key Highlights
- Rane (Madras) recommended a dividend of ₹16 per share for FY26.
- The AGM is scheduled for August 5, 2026, via video conferencing.
- Revenue from operations for FY26 reached ₹3,863.42 million.
- Key officials designated to determine the materiality of events.
- Audit, Nomination & Remuneration, and Stakeholder's Relationship Committees reconstituted.
Price Impact
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