Rane Holdings Limited announced that at the board meeting held on May 12, 2023 recommended a dividend of INR 17 per equity share on 1,42,77,809 equity shares of INR 10/- each fully paid up, for the financial year 2022-23, subject to approval of members at the upcoming 87th AGM of the Company. The dividend, if declared by the shareholders will be paid/dispatched on August 11, 2023 to the eligible shareholders.