Ratnaveer Precision Engineering Ltd Announces Rights Issue of ₹329.99 Cr

Ratnaveer Precision Engineering Ltd's Board of Directors has approved a Rights Issue of 1,24,99,669 equity shares, each with a face value of Rs. 10.00, at an issue price of Rs. 264 per share. The total amount raised through this issue is expected to be Rs. 3,29,99,12,616 (approximately ₹330 Crores). The issue is being offered on a rights basis to eligible equity shareholders as of the record date, August 26, 2026. The rights entitlement ratio is 7 equity shares for every 40 fully paid-up equity shares held. The full amount of Rs. 264 per equity share is payable on application. The company's outstanding equity shares are expected to increase from 7,14,26,681 to 8,39,26,350 post-subscription.