Ratnaveer Precision Engineering Limited — Important, 04-12-2025: Committee Meeting Updates

Ratnaveer Precision Engineering's Fund Raising Committee has closed its Qualified Institutional Placement (QIP) issue. The company allocated 1.28 crore Equity Shares at an issue price of ₹145 per share, which included a premium of ₹135. This issue price reflects a ₹27.46 discount (4.89%) from the floor price of ₹152.46. This successful capital raise strengthens the company's financial position by bringing in funds from institutional investors, supporting future business operations and growth.