Ratnaveer Precision Engineering Fund Raise of ₹5.46 Cr
Ratnaveer Precision Engineering allotted equity shares via a ₹5.46 Crore preferential issue to two investors. This capital raise increases the company's total paid-up share capital.
Ratnaveer Precision Engineering Other Announcement
Ratnaveer Precision Engineering Limited's auditors issued an unmodified opinion for fiscal 2026. This confirms financial reporting integrity and maintains investor confidence in the company's disclosures.
Ratnaveer Precision Engineering reported annual audited results and allotted equity shares upon warrant conversion. The company received ₹40.98 Crore from promoters for these conversions.
Ratnaveer Precision Engineering Annual General Meeting
Ratnaveer Precision Engineering Ltd has convened an EGM for May 30, 2026, to approve a Rs 28 Crore increase in authorized share capital. The meeting will also consider the appointment of Mrs. Seema Vijay Sanghavi as an Executive Director for a five-year term.
Ratnaveer Precision Engineering Board Meeting Date
Ratnaveer Precision Engineering Limited has scheduled a Board meeting for May 12, 2026. The directors will consider and approve the standalone and consolidated audited financial results and statements for the quarter and financial year ended March 31, 2026.
Ms. Binita Verdia has resigned as a Non-Executive Non-Independent Director of Ratnaveer Precision Engineering Limited, effective May 27, 2026. The resignation is attributed to personal commitments, with no other material reasons reported.
Ms. Binita Verdia has resigned as a Non-Executive Non-Independent Director of Ratnaveer Precision Engineering Limited, effective May 27, 2026. The resignation is attributed to personal commitments. The company received the formal resignation letter on May 1, 2026.
Ratnaveer Precision Engineering Limited has confirmed it does not qualify as a 'Large Corporate' for the financial year ended March 31, 2026. The company reported outstanding borrowings of ₹33.55 Crore and holds a credit rating of A-/Stable from Infomerics Valuation and Rating Limited.
Ratnaveer Precision Engineering Limited has appointed Mrs. Seema Vijay Sanghavi as Executive Director for a five-year term effective April 28, 2026. Mrs. Sanghavi, wife of the Managing Director, brings extensive experience in sales and marketing within the ferrous and non-ferrous metal business to the board.
Ratnaveer Precision Engineering Limited's board has approved a proposal for fund raising and an alteration of capital. The specific mode of fund raising will be decided at a later date. A shareholder meeting is scheduled for May 30, 2026, to seek necessary approvals.
Ratnaveer Precision Engineering Capital Structure Change
Ratnaveer Precision Engineering Limited's board approved increasing the authorized share capital from ₹85 Crore to ₹113 Crore. This alteration, subject to shareholder approval at an EGM on May 30, 2026, is intended to enable future fund raising through security issuances.
Ratnaveer Precision Engineering Other Announcement
Ratnaveer Precision Engineering Limited affirmed that Mrs. Seema Vijay Sanghavi, being appointed as Executive Director, is not debarred by any SEBI order. The disclosure complies with BSE and NSE circulars regarding director appointments. This routine regulatory filing ensures transparency and compliance with exchange listing requirements.
Ratnaveer Precision Engineering approved a ₹330 Crore fundraise via equity or other securities. The board also proposed increasing authorized share capital to ₹113 Crore and appointed Mrs. Seema Vijay Sanghavi as Executive Director. An EGM is scheduled for May 30, 2026, to seek shareholder approval for these matters.
Ratnaveer Precision Engineering Limited's credit ratings have been upgraded by Infomerics. Long-term bank facilities (₹388.47 Crore) improved from IVR BBB+/Positive to IVR A-/Stable, and short-term facilities moved from IVR A2 to IVR A2+. This upgrade reflects improved operational and financial performance for FY2025 and 9MFY26.
Ratnaveer Precision Engineering Fund Raise of ₹300 Cr
Ratnaveer Precision Engineering Ltd's board will meet on April 28, 2026, to consider raising up to ₹300 Crore through equity shares or other securities. The company also plans to increase its authorized share capital. This capital infusion aims to support growth and financial requirements, subject to shareholder and regulatory approvals.
Ratnaveer Precision Engineering Other Announcement
Ratnaveer Precision Engineering Limited submitted its compliance certificate under SEBI (Depositories and Participants) Regulations for the quarter ended March 31, 2026. The certificate, issued by MUFG Intime India, confirms that share certificates received for dematerialisation were processed and depository names were updated within prescribed timelines.