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 Brake Profit: During Q2 FY24, sales to OE customers grew 13% driven by strong sales to the two-wheeler segment. Sales to aftermarket customers grew 4% and EBITDA margin improved by 172 bps on account of higher volume and one-off provision reversal during this quarter, the company said.
Rane Brake Lining Ltd Q2FY24 profit higher at Rs. 9.59 crores equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
Rane Brake Lining Ltd Q1FY24 net profit falls to Rs. 5.18 crores equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.