StockWatch
·
Gems, Jewellery And Watches
Investment26 Sept 2026, 04:30 pm

Shanti Gold Invests ₹8.83 Cr in Ratnaveer Precision Engineering

AI Summary

Shanti Gold International Ltd has announced an investment of ₹8.83 Crores in Ratnaveer Precision Engineering Limited. The company acquired 2,65,000 equity shares at a weighted average price of ₹333.33 per share through the secondary market. This acquisition represents approximately 0.37% of Ratnaveer Precision Engineering's paid-up equity share capital. Ratnaveer Precision Engineering is a manufacturer and exporter of stainless steel products, serving diverse industries. The investment is part of Shanti Gold's investment activities.

Key Highlights

  • Shanti Gold International invested ₹8.83 Cr in Ratnaveer Precision Engineering.
  • Acquired 2,65,000 equity shares at ₹333.33 per share.
  • Acquisition constitutes 0.37% of Ratnaveer Precision Engineering's paid-up capital.
  • Ratnaveer Precision Engineering is a stainless steel products manufacturer.
  • Investment is part of Shanti Gold's investment activities.