rane madras

RANE MADRAS: Co. Allots 1.13 Cr New Shares Post Amalgamation with Rane Engine Valve Limited ('REVL') and Rane Brake Lining Limited (`RBL') Board approved allotment of 1,13,71,870 new equity shares to eligible shareholders of REVL and RBL. New shares allotted as per approved share exchange ratio from the amalgamation scheme. Issued equity capital increased to Rs. 27.64 Cr from Rs. 16.27 Cr.