Ratnaveer Precision Engineering Ltd Approves Rights Issue Worth ₹330 Cr

Ratnaveer Precision Engineering Ltd's Board of Directors has approved a Rights Issue of fully paid equity shares aggregating up to ₹330 Crores. The face value of each share is ₹10.00. The issue is being made on a rights basis to eligible equity shareholders as of a determined record date. A committee of directors has been formed to manage the specifics of the Rights Issue, including determining the issue price, number of shares, and entitlement ratio. The full amount of the issue price will be payable on application.