Ratnaveer Precision Engineering (RATNAVEER) — Board Meeting

📢 Key Event
Board approved rights issue allotment of 1,24,99,669 shares at ₹264 each.

💡 Investor Takeaway
The rights issue dilutes existing shareholders but strengthens capital for growth.

The board approved the allotment of 1,24,99,669 rights equity shares at ₹264 per share, raising ₹329.99 crores and increasing paid-up capital to [amount not verified], while extinguishing lapsed rights entitlements.

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About Ratnaveer Precision Engineering Ltd (RATNAVEER)

Metals & Mining · Steel · Listed on BSE

Market Cap: ₹2,060.66 Cr P/E: 14.9 ROE: 1.1% ROCE: 1.0%

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🔥 Also filed on 10 September 2026

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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