RANE BRAKE LINING LTD. - 532987 - Announcement under Regulation 30 (LODR)-Daily Buy Back of equity shares
Pursuant to Regulation 18 of the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018 (as amended) ("Buyback Regulations"), please find attached the details with respect to Equity shares bought back by the Company on November 02, 2020. We request you take the above on record as compliance under the regulations of SEBI LODR. RANE BRAKE LINING LTD. - 532987 - Announcement under Regulation 30 (LODR)-Daily Buy Back of equity shares
Pursuant to Regulation 18 of the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018 (as amended) ("Buyback Regulations"), please find attached the details with respect to Equity shares bought back by the Company on October 30, 2020. We request you take the above on record as compliance under the regulations of SEBI LODR. RANE BRAKE LINING LTD. - 532987 - Submission Of Half Yearly Disclosure On Related Party Transactions - Regulation 23(9) Of SEBI LODR
In terms of Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR), we enclose herewith a statement on related party transactions of the Company for the half-year ended September, 30, 2020 and the same is being made available on the website of the Company at www.ranegroup.com. We request you to take the above on record and note the compliance under above referred regulation of SEBI LODR. RANE BRAKE LINING LTD. - 532987 - Announcement under Regulation 30 (LODR)-Daily Buy Back of equity shares
Pursuant to Regulation 18 of the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018 (as amended) ("Buyback Regulations"), please find attached the details with respect to Equity shares bought back by the Company on October 27, 2020. We request you take the above on record as compliance under the regulations of SEBI LODR. RANE BRAKE LINING LTD. - 532987 - Announcement under Regulation 30 (LODR)-Public Announcement-Buyback of Shares
In compliance with the requirements of the Buyback Regulations, a Public Announcement dated October 16, 2020 (the 'Public Announcement') to this effect has been released for publication by the Company on October 19, 2020 in the following newspapers: 1. Business Standard (English Newspaper) - All Editions; 2. Business Standard (Hindi Newspaper) - All Editions and 3. Makkal Kural (Tamil - Regional Newspaper) - Chennai The newspaper clipping is enclosed for your records. We request you take the above on record as compliance under the regulations of SEBI LODR. RANE BRAKE LINING LTD. - 532987 - Announcement under Regulation 30 (LODR)-Newspaper Publication
We hereby enclose copies of extract of the unaudited financial results of the Company for the quarter and half-year ended September 30, 2020 (UFR) published on October 16, 2020, in the newspapers, viz., 'Business Standard' (English) and 'Dinamani' (Regional language). RANE BRAKE LINING LTD. - 532987 - Updates On Buy Back
We refer to the captioned outcome issued by the Company to the Stock Exchanges in connection with receipt of board approval by the Company for a buyback of equity shares by the Company (the 'Outcome'). We wish to clarify that: (i)in paragraph 2 of the Outcome, the Maximum Buyback Size should read as 9.61% of the aggregate of the Company's paid-up equity share capital and free reserves based on the audited financial statements of the Company as at March 31, 2020 and not 9.62% as is indicated in the Outcome; and (ii)in paragraph 8 of the Outcome, based on the Minimum Buyback Size and the Maximum Buyback Price, the Company will purchase a minimum of 1,33,333 equity shares (comprising 1.68% of the existing paid-up capital), and not 1.69% as in indicated in the Outcome. All other details set out in the Outcome remain unchanged. RANE BRAKE LINING LTD. - 532987 - Announcement under Regulation 30 (LODR)-Change in Directorate
The board of directors of the Company at their meeting held on October 15, 2020 (today) have, inter alia, have approved the following: (i)Appointment of Dr. (Mrs.) Brinda Jagirdar as an Additional Director (in the category of Independent Director) ; and (ii)Resignation by Mrs. Ranjana Kumar, Non-Executive - Independent Director, as per the retirement policy of the Company The details pursuant to Regulation 30 of SEBI LODR in connection with the above are furnished in the Annexure. Rane Brake advances 12% as board approves buyback at Rs 825 via open market
The company's EBITDA margin improved by 743 basis points to 21.0 per cent for Q2FY21 as against 13.6 per cent in Q2FY20.
