12-Jun-2026 19:06:11

RATNAVEER : BOARD APPROVES ₹330 CR RIGHTS ISSUE 💰📈

• 🏢 Board approved Rights Issue of equity shares aggregating up to ₹330 Crore • 📌 Rights issue to be offered to eligible shareholders on the record date to be decided later • 📋 Face value of equity shares is ₹10 per share • ⚙️ Rights Issue Committee formed to finalize issue size, price, entitlement ratio and other terms • 📊 Company had 7.14 crore outstanding equity shares before the proposed rights issue • 📝 Detailed terms including issue price, rights entitlement ratio and record date will be announced separately 🟡 Impact: Neutral to Slightly Negative (Rights issue strengthens balance sheet and funding position, but may lead to equity dilution for shareholders who do not participate.)

RATNAVEER PRECISION ENG L

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