ALFA Filings
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Ratnaveer Precision Engineering Limited approved a rights issue of 1,24,99,669 equity shares at Rs. 264 each. The issue aggregates to Rs. 329.99 Crore.
Ratnaveer Precision Engineering approved a Rights Issue to raise up to Rs. 330 Crores. The funds will strengthen the company's equity base and support growth.
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 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 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.