Ratnaveer Precision Engineering Limited announces rights issue of 1.25 crore equity shares at ₹264 per share

IBC 20 Aug 2026· ₹32.97 cr · Announced· ✓ Verified

The Board of Ratnaveer Precision Engineering Limited at its 20 August 2026 meeting approved the issuance of 1,24,99,669 equity shares on a rights basis (7 shares for every 40 held) at ₹264 per share, comprising face value and a ₹254 premium. The gross capital raise is approximately ₹32.97 crore. Rights issues are a lower-friction capital raise mechanism relative to public offers, but pricing and ratio justification must be disclosed to shareholders in the offer document under SEBI ICDR.

Why it mattersRights issues under ICDR 2018 require careful attention to entitlement ratios, pricing justification (especially where premium exceeds par by >10×), and shareholder communication; the 7:40 dilution ratio and aggressive premium merit scrutiny under preferential issue disclosure norms.
Counsel—
SectorIndustrials
Value₹32.97 cr
[object Object][object Object][object Object][object Object][object Object][object Object]

Sources

Open in the live tracker →

Related deals