Vijay Ramanlal Sanghavi, Promoter of Ratnaveer Precision Engineering , has confirmed that he and persons acting in concert (PACs) have not created any encumbrance on the equity shares held by them during the financial year ended March 31, 2026. This declaration ensures that the shareholding remains free from charges such as pledges or liens, providing clarity to investors regarding the promoter's stake stability.

The disclosure was submitted to the National Stock Exchange of India Limited and BSE Limited in compliance with Regulation 31(4) and 31(5) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011, as amended. These regulations mandate periodic disclosures regarding any encumbrance on promoter holdings to maintain transparency in the market.

The confirmation covers both direct and indirect encumbrances over the equity shares held in the company. Vijay Ramanlal Sanghavi serves as the Managing Director of Ratnaveer Precision Engineering and holds the Director Identification Number (DIN) 00495922.

Ratnaveer Precision Engineering Limited successfully concluded its Extraordinary General Meeting (EGM) on May 30, 2026, approving key resolutions including an increase in authorised share capital and the appointment of an executive director. The meeting was conducted through video conferencing and other audio-visual means in compliance with Ministry of Corporate Affairs and SEBI circulars, ensuring shareholders could participate remotely.

The EGM commenced at 12:00 noon IST and concluded at 12:34 p.m. IST on the same day. Vijay Sanghavi, Managing Director, chaired the meeting, which was attended by six directors, including independent directors and the company secretary. The quorum was met with 58 members participating via video conferencing, reckoned as per Section 103 of the Companies Act, 2013.

Shareholders voted on two special resolutions during the meeting. The first resolution sought to increase the authorised share capital of the company and consequent alteration of clause v of the memorandum of association. The second resolution approved the appointment of Mrs. Seema Vijay Sanghavi (DIN: 11046663) as an executive director liable to retire by rotation.

Meeting Participation and Voting

The company provided e-voting facilities to members holding shares as of the cut-off date, May 23, 2026. Remote e-voting was open from May 27, 2026, at 9:00 a.m. IST to May 29, 2026, at 5:00 p.m. IST. Additionally, members could cast votes during the EGM and for 15 minutes after its conclusion. M/s. TNT & Associates, Practicing Company Secretaries, were appointed as scrutinizers for the e-voting process.

Voting Results

The resolutions were passed with the requisite majority. For the resolution to increase authorised share capital, 99.9943% of the votes polled were in favour, with 0.0057% against. Regarding the appointment of Mrs. Seema Vijay Sanghavi as an executive director, 97.6687% of votes were in favour and 2.3313% were against. The votes of Vijay Ramanlal Sanghavi and Mrs. Seema Vijay Sanghavi were not counted for the second resolution due to their interest in the matter.

The proceedings of the EGM are available on the company's website. Detailed voting results, as required under Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, were submitted to the exchanges.