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Ratnaveer Precision Engineering Ltd. ( (IN:RATNAVEER) ) just unveiled an announcement.
Ratnaveer Precision Engineering Limited has called its second Extraordinary General Meeting for the 2025-26 financial year on 10 January 2026, to be conducted via video conferencing and other audio-visual means in line with current corporate governance norms. The key agenda item is a special resolution seeking shareholder approval for the preferential issue of up to 72,32,704 convertible warrants to the company’s promoters and promoter group at a price of Rs 159 per warrant, each exchangeable into one equity share, for an aggregate amount of about Rs 115 crore; if approved, the move will strengthen the company’s equity base, reinforce promoter commitment, and may alter the shareholding structure, with implications for existing investors and the company’s future funding and growth plans.
More about Ratnaveer Precision Engineering Ltd.
Ratnaveer Precision Engineering Limited, formerly known as Ratnaveer Metals Limited, operates manufacturing facilities in Savli (Manjusar), Vadodara, Gujarat and corporate offices in Vadodara, indicating a focus on precision engineering and metal-based products for industrial customers. The company’s securities are listed on both the National Stock Exchange of India and BSE, reflecting its access to public capital markets and a broad base of institutional and retail shareholders.
Average Trading Volume: 45,999
Technical Sentiment Signal: Buy
Current Market Cap: 10.85B INR
See more insights into RATNAVEER stock on TipRanks’ Stock Analysis page.