Ratnaveer Precision Engineering Ltd Approves Rights Issue

Ratnaveer Precision Engineering Ltd's Board of Directors has approved a Rights Issue to raise up to ₹330 Crores. The issue will involve fully paid equity shares with a face value of Rs. 10.00 each. A dedicated Rights Issue Committee has been formed to manage the specifics of the issue, including determining the issue price, number of shares, and entitlement ratio. The full details will be disclosed in the Letter of Offer.