Ratnaveer files Letter of Offer for Rs.330 crore Rights Issue

Corporate Actions View source PDF Explain this filing

RATNAVEER · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+5.2%Reaction day

₹280.52

prior close

₹281.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.2%+5.4% vs market

Iron & Steel Products peers, median of 102sector+0.0%+5.2% vs sector

On the reaction day the stock moved 5.4 pts more than Nifty Microcap 250 and 5.2 pts more than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.5

10m

+1.1

15m

+2.1

30m

+2.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.2-0.2+5.4+0.0+5.2

Next day

+5.1+0.1+5.1+0.1+5.0

+9.0+0.4+8.6+0.1+8.9

+3.8-0.6+4.4-0.4+4.1

+1.7-1.2+2.9-0.8+2.5

+2.6-0.6+3.2+0.7+1.9

+8.7+0.5+8.2+0.9+7.8

15d

+7.3-0.2+7.5-0.6+7.9

+18.0-1.5+19.4-0.1+18.1

+23.5-8.0+31.5-7.3+30.8

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UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 102Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Ratnaveer Precision Engineering has submitted the Letter of Offer for its Rights Issue of up to 1,24,99,669 fully paid-up equity shares at Rs. 264 per share (face value Rs. 10, premium Rs. 254), aggregating Rs. 329.99 crores. The ratio is 7 Rights shares for every 40 shares held on the record date of August 26, 2026. Issue opens September 2 and closes September 9, 2026. Applications must be made through ASBA.

Likely market impact

Eligible shareholders can buy additional shares at Rs. 264 each. Non-participation may lead to dilution of holdings. Stock may trade ex-rights around record date.