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

Ratnaveer Precision Engineering has successfully completed its Qualified Institutions Placement (QIP). The company's Fund Raising Committee approved the allotment of 1,27,93,102 Equity Shares at Rs. 145 each, raising approximately Rs. 185.50 crore. This capital infusion increases the paid-up equity share capital from Rs. 53.05 crore to Rs. 65.84 crore, expanding the total number of shares to 6,58,42,491. The QIP demonstrates strong institutional investor interest, enhancing the company's financial strength and supporting future growth initiatives.