Rane Brake Linings Ltd Declares Final Dividend of Rs 25

Rane Brake Linings Ltd Declares Final Dividend of Rs 25

The Board of Directors of Rane Brake Linings Ltd (RBL) held its meeting on May 17, 2021. It has declared Final Dividend of Rs 25 per equity share for the financial year 2020-21.

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Rane Brake Linings Ltd Dividend Record Date

The company in its letter has informed the exchanges that it has fixed 19 July 2021 as the Record date. Further, payment of dividend will be made to those shareholders whose names appear as Beneficial Owners as at the close of business hours on 19 July 2021.

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Moreover, to receive dividend, you must have shares in your demat account on record date. Hence, you should buy shares before ex-dividend date. Note – In conclusion, if you buy shares on ex-dividend date, you will not be eligible to receive dividend. Bookmark our website for latest and upcoming dividend announced by companies in 2021.

Important Dates

  • Company – Rane Brake Linings Ltd
  • Script Name – RBL (NSE) and 532987 (BSE)
  • Dividend Amount – 25 Rs Per Share
  • Dividend Type – Final
  • Ex-Dividend Date – 16 July 2021
  • Record Date – 19 July 2021
  • Payment Date – 4 August 2021

Also, you can find more information about RBL Ltd on National Stock Exchange and Moneycontrol – RBL Ltd is engaged in manufacturing asbestos-free Brake Linings, Disc Pads and Clutch Facings, having application in every segment of the automobile industry.

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