Rane Brake Lining Limited announced that at its board meeting held on May 3, 2024, recommended a dividend of INR 30 per equity share on 7,729,871 equity shares of INR 10 each fully paid up, for the fiscal year 2024, subject to approval of members at the upcoming 19th AGM of the Company. The dividend, if declared by the shareholders will be paid/dispatched on July 31, 2024 to the eligible shareholders.