Rane Engine Valves (Delisted) share price history
BSE: 532490
Last traded ₹261.35 on 14 Feb 2008
Delisted.
Last announcements
The company's own last announcements before its shares stopped trading, routine notices left out.Share news and announcements
Feb 2008
11 Feb · Suspension of trading in equity shares
Members of the Exchange are hereby informed that the trading in equity shares of Rane Engine Valves Limited shall be suspended w.e.f. February 15, 2008 (i.e. closing hours of trading on February 14, 2008) on account of Scheme of Arrangement of between Rane Engine Valves Limited, Rane Brake Linings Limited and Rane Holdings Limited.9 Feb · Corporate action
At the final hearing held on December 20, 2007, the Hon'ble High Court of Madras have sanctioned the composite Scheme of Demerger, Merger and Amalgamation between Rane Engine Valves Limited (REVL), Rane Brake Linings Limited (RBL), Techcons Limited (Techcons), Rane Brake Products Limited (RBPL) and Rane Holdings Limited (RHL) ("Scheme"). In terms of Scheme, each member of the transferor companies viz., REVL & RBL whose name is recorded in the register of members as on the record date would be allotted shares in the following manner: i) 1 equity share of Rs.10/- each fully paid up in Techcons for every 1 equity share held in REVL; ii) 1 equity share of Rs.10/- each fully paid up in RBPL for every 1 equity share held in RBL; iii) 56 shares of RHL for every 100 shares of REVL; iv) 75 shares of RHL for every 100 shares of RBL. For this purpose February 22, 2008 has been fixed as the Record Date for determining the shareholders of Rane Engine Valves Limited who are eligible to receive shares as detailed above. Further, a copy of the detailed note on the Scheme shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jan 2008
14 Jan · Board meeting
Meeting on 24 Jan 2008: “Unaudited Financial Results for the qtr ended Dec 31, 2007”
Nov 2007
26 Nov · Miscellaneous
Rane Engine Valves Limited had submitted to the Exchange a copy of the Notice of a meeting of the equity shareholders of the company to be held on November 28, 2007 for the purpose of considering, and if thought fit, approving, with or without modification, the Scheme of Demerger, Merger and Amalgamation proposed to be made between Rane Brake Linings Limited, Techcons Limited, Rane Brake Products Limited, Rane Holdings Limited and the Applicant Company (Rane Engine Valves Ltd) and their respective shareholders. The Company has now informed the Exchange that in page no.17 of the Notice containing the "Explanatory Statement", under the head the "transferee company - Rane Holdings Limited", the balance sheet of Rane Engine Valves Limited has been wrongly printed instead of the balance sheet of Rane Holdings Limited. Further, the Company has submitted to the Exchange a corrected copy of the Notice of the Meeting. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.15 Nov · Notice of Meeting
By an order made on October 26, 2007 the Court has decided that a meeting of the equity shareholders of the company be held on November 28, 2007 for the purpose of considering, and if thought fit, approving, with or without modification, the Scheme of Demerger, Merger and Amalgamation proposed to be made between Rane Brake Linings Limited, Techcons Limited, Rane Brake Products Limited, Rane Holdings Limited and the Applicant Company (Rane Engine Valves Ltd) and their respective shareholders. A copy of the Notice of Meeting shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Oct 2007
15 Oct · Board meeting
Meeting on 24 Oct 2007: “Unaudited Financial Results for the Qtr ended Sept 30, 2007”
Results
Standalone; ₹ crore, the last 2 quarters; no annual accounts on record yet.Quarterly results
Quarter to Dec 2007, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹50 Crup 5.82%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹1.61 Crdown 60.67%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- 3.2%
Revenue by quarter
Peak revenue ₹50 Cr, quarter to Dec 2007
Net profit by quarter, a loss in red
Recent sessions
The last 10 trading days to 14 Feb 2008, as traded on BSE.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 14 Feb 2008 | 255.10 | 266.95 | 255.10 | 261.35 | 259.46 | 3,783 |
| 13 Feb 2008 | 254.50 | 260.00 | 254.50 | 257.00 | – | 56 |
| 12 Feb 2008 | 250.00 | 259.90 | 250.00 | 259.90 | 254.51 | 299 |
| 11 Feb 2008 | 252.00 | 275.00 | 252.00 | 266.00 | 270.95 | 787 |
| 8 Feb 2008 | 285.00 | 285.00 | 260.00 | 260.00 | – | 2 |
| 7 Feb 2008 | 288.95 | 289.00 | 271.75 | 271.75 | 272.01 | 32,831 |
| 5 Feb 2008 | 302.00 | 302.00 | 271.00 | 287.85 | 290.73 | 585 |
| 4 Feb 2008 | 299.00 | 300.00 | 262.10 | 287.20 | 282.76 | 1,904 |
| 1 Feb 2008 | 240.10 | 250.00 | 240.00 | 250.00 | 248.39 | 290 |
| 31 Jan 2008 | 245.00 | 251.85 | 240.00 | 245.50 | 245.50 | 5,917 |
Prices in ₹ per share as traded, not adjusted.
Company details
- Legal name
- Rane Engine Valves Ltd.
- BSE code
- 532490
- ISIN
- INE385A01017
- Listed
- Mar 2003
- Face value
- ₹10