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About Rane Brake Lining
Rane Brake Linings Ltd is an India-based company. The company is engaged in manufacturing of components for transportation industry. They produce disc pads for automotive industry and railway brake blocks and parts out of asbestos and asbestos free-based friction materials.
The company is having their manufacturing units located at Chennai, Hyderabad, Pondicherry and Trichy. The plant at Pondicherry is an exclusive Asbestos Free Facility.
Rane Brake Linings Ltd was incorporated on December 12, 2004 as private limited company with the name EMS Logistics (India) Pvt Ltd. The company was established with the objective of carrying on transport and logistics business.
In September 20, 2005, the company changed their name from EMS Logistics (India) Pvt Ltd to Richfield Logistics Line Pvt Ltd. In September 24, 2007, the name of the company was further changed to Rane Brake Products Pvt Ltd. In September 26, 2007, the company was converted into public limited company and the name was changed to Rane Brake Products Ltd.
During the year 2007-08, as per the scheme of de-merger, merger and amalgamation, the company took over the manufacturing undertaking of erstwhile Rane Brake Linings Ltd (de-merged company) with effect April 1, 2007. In terms of the scheme, the name of the company was changed from Rane Brake Products Ltd to Rane Brake Lining Ltd with effect from February 6, 2008.
During the year, the company received new contracts from Germany, UK and Middle East. They also received an order for servicing OEM requirements in Europe during the year. Also, the shares of the company were listed on the National Stock Exchange, Bombay Stock Exchange Ltd and Madras Stock Exchange Ltd.
During the year 2008-09, the company completed the expansion project in Trichy in the state of Tamilnadu with the active participation and technical inputs from the company`s collaborator, Nisshinbo Brake Inc, of Japan. The state of the art plant commenced commercial production during the year. They increased the production capacity of Asbestos by 4,645 MT to 18,892 MT.
During the year 2009-10, the company further increased the production capacity of Asbestos by 96 MT to 18,988 MT.
Parent Organisation
Rane
Managing Director
L Ganesh
Founded
2004
NSE Symbol
RBL
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10th July, 2024
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10th July, 2024
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Rane Brake Lining Ltd FAQs
What is the share price of Rane Brake Lining Ltd (RBL) shares?
Rane Brake Lining Ltd (RBL) share price as of October 7, 2024, on NSE is Rs 1105.8 (NSE) and Rs 1105.8 (BSE) on BSE.
Can I buy Rane Brake Lining Ltd (RBL) from Angel One?
Yes, You can buy Rane Brake Lining Ltd (RBL) shares by opening a Demat account with Angel One.
How do I buy Rane Brake Lining Ltd (RBL) from Angel One?
Rane Brake Lining Ltd (RBL) share can be bought through the following modes:
1. Direct investment: You can buy Rane Brake Lining Ltd (RBL) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Rane Brake Lining Ltd (RBL) shares.
1. Direct investment: You can buy Rane Brake Lining Ltd (RBL) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Rane Brake Lining Ltd (RBL) shares.
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