Rane Brake lining (CMP: Rs.

113)
Bankers
HDFC Bank Limited IDBI Bank Limited Standard Chartered Bank Indian Overseas Bank State Bank of India ICICI Bank Limited

Top Management L Ganesh- Chairman M A P Sridhar Kumar- GM Finance G Karthikeyan- Secretary

L Lakshman S A Murali Prasad Anil Kumar V Epur S Sandilya Harish Lakshman Suresh Chandra Gupta

Koji Nishihara (Nominee Of Nisshinbo Holdings Inc., Japan) Corporate/Registered Office MAITHRI, 132, Cathedral Road, Chennai-600 086. Factory Locations Chennai plant - Automotive products:Brake linings, disc pads and clutch facings

- Railway products : Composite brake blocks - Aerospace: Organic pads for trainer aircraft Hyderabad plant - Automotive Products: Brake linings, clutch facings & sintered clutch buttons - Railway products: Compositive brake blocks Puducherry plant- Automotive Products: Disc pads, clutch facings & CV Brake Pads

- Railway Products: Composite Brake Blocks Trichy plant - Automotive Products : Disc Pads & Brake linings

Company Background 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 freebased 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 (demerged 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.

Product Portfolio 1. Brake Linings 2. Disc pads 3. Railway brake blocks 4. Clutch facings 5. Commercial vehicle brake pads 6. Sintered brake pads

Shareholding pattern

Others 28.2% ,

D 9.8% II,

Promoter, 62.0%

Promoter

DII

Others

Mutual fund holding

Fund name United India Insurance Company Ltd General Insurance Corporation of India No. of shares 47 9,030 29 1,498 % Holding 6.05 3.68

Dividend history
Dividend date Feb-12 Jul-11 Feb-11 Jul-10 Jan-10 Rs/share 7.5 2.0 3.0 1.5 1.5

Belongs to the Rane Group of companies; Holding company: Rane Holding; holds 41.6% in the company Strategic shareholder JV with Nisshinbo Brakes Inc , Japan for know how in asbestos free brake linings, disc pads & clutch facings. It holds 20% stake in the company.