Ratnaveer Precision Engineering Limited has informed the Exchange about allotment of equity shares upon conversion of warrant into equity shares
RATNAVEER · price
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The Board approved allotment of 34,31,446 equity shares (₹159.25 each) to promoters Vijay Sanghavi (25,15,723 shares) and Seema Sanghavi (9,15,723 shares) upon conversion of warrants, raising ₹40.98 crore. FY26 standalone revenue grew to ₹10,784.10 million (up 20.4% from ₹8,959.10 million), with profit after tax at ₹643.05 million (up 37.4% from ₹468.15 million). EBITDA margin expanded to 11.3% from 10.1% YoY. Issued share capital increased to ₹71.43 crore (7.14 crore shares). Auditors Pankaj Shah & Associates issued an unqualified opinion with no going concern, qualified, or adverse remarks.
Strong financial performance with 20%+ revenue growth and 37%+ PAT growth signals healthy execution. Warrant conversion increases promoter holding (Vijay Sanghavi now holds 42.89% vs 41.36% prior). Dilution is modest at ~4.8% but reduces promoter pledged position.