Ratnaveer Precision Engineering Limited — Important, 28-01-2025: Updates

Ratnaveer Precision Engineering Limited has reported a penalty of ₹10,000 (plus 18% GST) imposed by both the National Stock Exchange and BSE for failing to provide prior notification regarding a Board meeting held on 11th November 2024. This issue was discussed in a Board meeting on 28th January 2025, where the directors noted that the delay was due to a technical glitch and confirmed there was no malicious intent involved. The company does not anticipate any impact on its financial or operational activities from this penalty, maintaining a record of compliance with listing regulations. The matter has been addressed appropriately, and stakeholders are advised to remain attentive to any future updates.