StockWatch
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Iron & Steel Products
Rights Issue12 Jun 2026, 07:31 pm

Ratnaveer Precision Engineering Applies for Rights Issue Approval

AI Summary

Ratnaveer Precision Engineering Ltd has submitted an application to the stock exchange seeking "In-principle approval for the proposed Rights issue" of equity shares. The company is adhering to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing details the processing fees remitted, contact person for queries, company PAN, promoter details, and confirms that the undersubscribed portion will not be allotted to specific investors. A monitoring agency, M/s. Crisil Ratings Limited, has been appointed. The brief particulars of the rights issue, including the face value of shares and authorized/paid-up capital, are provided, with the Board Meeting for approval held on June 11, 2026.

Key Highlights

  • Company seeks in-principle approval for a proposed rights issue.
  • Application filed as per SEBI (LODR) Regulations, 2015.
  • Processing fees and monitoring agency details are provided.
  • Board approved the rights issue on June 11, 2026.