RMLBSERane (Madras) LtdLowNeutral
Announced Sat, 11 Jul · 09:05 IST

Rane (Madras) 22nd AGM on Aug 5, 2026; Rs 16 dividend proposed

Board & Shareholder Meetings View source PDF

RML · price

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Price reaction · full curve 14 horizons · vs prior close
-4.1%1-day move
₹1297.40
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₹1282.70
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After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.7+2.3+1.3-4.1-3.0-4.7-9.1-9.4-11.7
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AI summary

22nd AGM on Aug 5, 2026 at 14:00 hrs via video conferencing. Items include adopting FY26 audited financial statements, declaring dividend of Rs 16 per share on 2.76 crore equity shares (record date July 29, 2026), re-appointing Ganesh Lakshminarayan as director, ratifying cost auditor fee of Rs 4.50 lakh, re-appointing Ramesh Rajan Natarajan as Independent Director for a second term till May 2031, and appointing Ramkumar Lakshminarayanan as new Independent Director.

Likely market impact

Routine AGM items with positive Rs 16 dividend and stable board continuity. Shareholder approval sought for standard resolutions; no major strategic changes.