Intimation of Extraordinary General Meeting of the Company to be held on 30th May, 2026.
RATNAVEER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ratnaveer Precision Engineering Limited has called its 1st EGM for FY 2026-27 on 30th May, 2026 via Video Conferencing. The meeting will consider two items: (1) Increasing authorized share capital from Rs 85 crore to Rs 113 crore by creating 2.80 crore additional equity shares of Rs 10 each, to fund expansion and diversification plans; (2) Appointment of Mrs. Seema Vijay Sanghavi (wife of Managing Director Mr. Vijay Ramanlal Sanghavi) as Executive Director for 5 years at Rs 15 lakh per annum remuneration. She currently holds 9,37,560 shares and serves as Chief Sales Co-coordinator. Remote e-voting runs from 27th to 29th May 2026.
The share capital increase indicates potential future equity raise or expansion plans, which could dilute existing shareholders. The appointment of a related party (promoter family member) as Executive Director is a governance change that investors should monitor for any related-party transaction implications.