Ratnaveer Precision Engineering Limited has informed the Exchange regarding Outcome of Committee Meeting held on December 04, 2025 regarding approval of allotment of 12793102 equity shares of facevalue of Rs. 10/- each at a price of Rs. 145/- per equity shares.
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Ratnaveer Precision Engineering's committee, meeting on December 4, 2025, approved the allotment of approximately 1.28 crore equity shares at Rs. 145 per share, against a face value of Rs. 10 each. This implies a total fundraising of roughly Rs. 185.5 crore through this allotment, with shares issued at a significant premium of Rs. 135 over face value. The announcement does not specify whether this is a Qualified Institutional Placement (QIP), preferential allotment, or another route. Details on end-use of funds, allottees, or pricing benchmark (such as market price) are not provided in this filing.
The share issuance will increase the company's equity base and dilute existing shareholders' stake proportionally. Without clarity on use of proceeds or pricing relative to market, investors should watch for further filings detailing purpose, allottees, and any lock-in terms.