Ratnaveer Precision Engineering's board of directors has approved a comprehensive capital restructuring initiative in compliance with SEBI Listing Regulations. The board meeting held on April 28, 2026, from 3:00 PM to 3:55 PM IST, resulted in key decisions including a fundraising proposal of up to ₹330 crore, increase in authorised share capital, and appointment of a new executive director.

Fundraising Approval

The Ratnaveer Precision Engineering board has authorized raising funds up to ₹330 crore through the issuance of equity shares or other eligible securities. The fundraising will be conducted through permissible modes including Qualified Institutions Placements (QIP), Preferential Issue, Rights Issue, Private Placement, Bonds, Debentures, Follow-On Public Offer (FPO), Global Depository Receipts (GDR), Foreign Currency Convertible Bonds (FCCB), or any combination of these methods. The proposal is subject to regulatory and statutory approvals and requires shareholder approval through an Extra Ordinary General Meeting.

Authorised Share Capital Increase

The board approved increasing the authorised share capital from ₹85,00,00,000 to ₹1,13,00,00,000, subject to member approval. This increase involves the alteration of capital Clause V of the Memorandum of Association. The equity shares component will increase from 8,20,00,000 shares to 11,00,00,000 shares of ₹10 each, while preference shares remain unchanged at 30,00,000 shares of ₹10 each.

Director Appointment

Based on the recommendations of the Nomination and Remuneration Committee and subject to shareholder approval, Mrs. Seema Vijay Sanghavi (DIN: 11046663) has been appointed as an Additional Director, designated as Executive Director of the company for a period of five years effective from April 28, 2026. Mrs. Sanghavi is associated with the company as chief sales coordinator and has expertise in handling sales and marketing matters with comprehensive knowledge of ferrous and non-ferrous metal business. She is the wife of Mr. Vijay Sanghavi, Managing Director of the company.

Extra Ordinary General Meeting

The board has convened an Extra Ordinary General Meeting (EGM) on Saturday, May 30, 2026 at 12:00 noon through VC/OAVM. The notice of EGM will be shared in due course. The meeting will seek shareholder approval for the proposed increase in authorised share capital, fundraising proposal, and the appointment of Mrs. Seema Vijay Sanghavi as Executive Director. The company has confirmed compliance with all SEBI circular requirements and regulatory disclosures.

Ratnaveer Precision Engineering Limited has filed its mandatory compliance certificate with stock exchanges for the fourth quarter ended 31st March, 2026. The submission fulfills regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018.

Regulatory Compliance Filing

The company submitted the confirmation certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 to both National Stock Exchange of India Limited and BSE Limited on 07th April, 2026. The certificate was originally dated 03rd April 2026 and received from the company's Registrar and Share Transfer Agent.

Registrar Confirmation

MUFG Intime India Pvt. Ltd. (formerly known as Link Intime India Private Limited) issued the confirmation certificate as the appointed Registrar and Share Transfer Agent. The registrar confirmed that securities received from depository participants for dematerialisation during the quarter were properly processed and confirmed to the depositories within prescribed timelines.

The certificate validates that all security certificates received for dematerialisation were appropriately confirmed or rejected, and that received certificates were mutilated and cancelled after due verification by the depository participant. The registrar also confirmed that depository names were substituted in the register of members as registered owners within regulatory timelines.

Stock Exchange Details

The filing was submitted to both major Indian stock exchanges where the company's shares are listed. The company trades on NSE under the scrip symbol RATNAVEER and on BSE under scrip code 543978. The submission was signed by Vijay Sanghavi, Managing Director and CFO, bearing DIN: 00495922.

Company Information

Ratnaveer Precision Engineering Limited, formerly known as Ratnaveer Metals Limited, operates its manufacturing plant at E-77, G.I.D.C. Savli (Manjusar), Dist. Vadodara - 391776, Gujarat. The company maintains its corporate office at 703 & 704, "Ocean", Vikram Sarabhai Campus, Vadi Wadi, Vadodara-390023. The company is incorporated under CIN: L27108GJ2002PLC040488.