Ratnaveer Precision Engineering Limited's Board of Directors has successfully executed significant capital restructuring decisions during their meeting held on December 12, 2025, completing equity share allotment and approving new warrant issuance in compliance with SEBI regulations.

Board Meeting Outcome and Regulatory Compliance

The board meeting, conducted in compliance with Regulation 30 of SEBI Listing Regulations, commenced at 3:00 PM IST and concluded at 4:28 PM IST on December 12, 2025. The company has formally notified both NSE and BSE about the meeting outcomes, demonstrating adherence to regulatory disclosure requirements.

Equity Share Allotment Completed

The company has completed the allotment of 20,27,972 equity shares upon exercise of warrants issued earlier on a preferential basis in accordance with Chapter V of SEBI (ICDR) Regulations, 2018. The company received the balance subscription money from warrant holders, enabling the completion of this allotment.

Updated Share Capital Position

Following the allotment, the company's paid-up equity share capital has increased to ₹67,87,04,630, divided into 6,78,70,463 equity shares of ₹10.00 each. This represents a significant expansion in the company's equity base and strengthens its capital structure.

New Warrants Issue Approved

The board has approved the issuance of 72,32,704 warrants on a preferential basis to promoters and promoter group members in accordance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. These warrants are convertible into equity shares within the specified timeframe.

Extraordinary General Meeting Scheduled

To formalize the new warrant issuance, the company has scheduled an Extraordinary General Meeting (EGM) for January 10, 2025, at 1:00 PM through video conferencing/other audio-visual means. The EGM notice will be shared in due course, allowing shareholders to participate in the decision-making process for this preferential issue.

Ratnaveer Precision Engineering Limited , a leading manufacturer of stainless steel products, has announced robust financial results for the second quarter, along with growth plans for the coming years.

Q2 Financial Highlights

The company reported impressive year-on-year growth, with key financial metrics showing significant improvement:

Expansion and Future Outlook

Ratnaveer Precision has outlined a growth strategy, targeting revenue increases over the next few years:

• Current Year: Rs. 1,100.00 crores (projected)
• Next Year: Rs. 1,500.00 crores
• Following Year: Rs. 1,800.00 crores

To support this growth, the company has completed a Rs. 48.00 crore CAPEX in February and plans an additional Rs. 68.00 crore CAPEX starting December, with completion targeted by July.

Diversified Product Portfolio

Ratnaveer operates across three main product categories:

1. Fasteners (nuts, bolts, washers)
2. Tubes and pipes
3. Sheet metal components

These products cater to various industries, including automotive, railway, marine, aviation, and defense sectors.

Value-Added Products and Margin Improvement

The company is focusing on increasing its share of value-added products:

• Current contribution: 8% of revenue
• Target: Rs. 200.00 crores out of Rs. 1,500.00 crores by next year

This shift towards higher-margin products is expected to improve the company's overall profitability. Ratnaveer aims to increase its EBITDA margin from the current 10.5% to 13.5% by next year.

Funding and Expansion Plans

To fuel its growth plans, Ratnaveer is considering the following:

• QIP funding of up to Rs. 211.00 crores for working capital requirements
• Exploring acquisition opportunities in the aviation and automobile sectors
• Investing Rs. 45.00 crores in a new copper-clad laminates project, targeting Rs. 108.00 crores in revenue with 20% EBITDA margins

Management Commentary

Vijay Sanghavi, Managing Director of Ratnaveer Precision Engineering Limited, stated, "We are committed to our growth trajectory and are confident in achieving our targets. Our focus on value-added products and strategic expansions will drive our profitability and market position in the coming years."

The company's management expressed optimism about maintaining its growth momentum, citing strong demand from various sectors and its diversified product portfolio as key drivers.

As Ratnaveer Precision Engineering continues to execute its expansion plans and focus on higher-margin products, investors will be closely watching the company's ability to meet its growth targets in the competitive stainless steel industry.