Ratnaveer Precision approves ₹329.99 crore rights issue allotment
- Ratnaveer Precision Engineering allotted 1,24,99,669 equity shares on a rights basis
- Issue price set at ₹264 per share, including a premium of ₹254
- Total funds raised amount to ₹329.99 crore from existing shareholders
- Paid-up equity capital increases from 7.14 crore to 8.39 crore shares
- Lapsed rights entitlements extinguished following the allotment
*this image is generated using AI for illustrative purposes only.
The board of Ratnaveer Precision Engineering approved the allotment of 1,24,99,669 equity shares on a rights basis at ₹264 per share. The company completed the issuance on September 10, 2026, raising ₹329.99 crore in fresh capital from existing shareholders.
This corporate action follows earlier board approvals in June and August 2026 regarding the terms and letter of offer for the rights issue. The final basis of allotment was finalized in consultation with the National Stock Exchange of India Limited.
Capital Structure Impact
The rights issue significantly expands the company’s equity base. Prior to this issuance, the paid-up share capital stood at 7,14,26,681 shares with a face value of ₹10 each, totaling ₹71.43 crore.
| Metric | Pre-Rights Issue | Post-Rights Issue | Change |
|---|---|---|---|
| Number of Shares | 7,14,26,681 | 8,39,26,350 | +1,24,99,669 |
| Face Value (₹) | 10 | 10 | — |
| Total Amount (₹) | 71,42,66,810 | 83,92,63,500 | +12,49,96,690 |
The new shares carry a premium of ₹254 per share over the ₹10 face value. This brings the total post-issue paid-up equity share capital to ₹83.93 crore.
Regulatory Disclosures
The company made the necessary disclosures under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. These filings align with SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026.
Additionally, the board approved the extinguishment of lapsed rights entitlements and the deactivation of the ISIN for rights entitlements. The board meeting commenced at 9:30 pm and concluded at 9:40 pm.
Historical Stock Returns for Ratnaveer Precision Engineering
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.57% | +8.54% | +51.31% | +129.06% | +110.72% | 0.0% |
How will the ₹329.99 crore raised from this rights issue be allocated across debt reduction, capacity expansion, or new product development?
What is the expected impact on Ratnaveer Precision Engineering's earnings per share (EPS) and return on equity (ROE) in the near term given the 17.5% increase in share count?
Will the company's management provide guidance on how this capital infusion will affect its competitive positioning in the automotive and industrial components sector?
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