Rane Brake Lining Limited announced that at its Board of Directors meeting held on May 18, 2022, recommended a dividend of INR 20/per equity share on 77,29,871 equity shares of INR 10 each fully paid up, for the financial year 2021-22, subject to approval of members at the upcoming 17th annual general meeting of the Company. The dividend, if declared by the shareholders will be paid/dispatched on July 07, 2022 to the eligible shareholders.