Ratnaveer Precision Engineering ₹330 Crore Rights Issue Approval

Date: 17th July, 2026

Received in-principle approval from National Stock Exchange of India Limited (Ref. No. NSE/LIST/55752) dated July 16, 2026
Received in-principle approval from BSE Limited (Letter No. LOD/Right/AM/FIP/522/2026-27) dated July 16, 2026
Approval for proposed rights issue of up to [●] equity shares of face value of ₹10 each
Issue price: [●] per equity share (including a premium of ₹[●] per equity share)
Total issue size: ₹330 crores on rights basis to eligible equity shareholders
Rights ratio: [●] rights equity shares for every [●] equity shares held on record date

Filing listing application earliest from date of allotment
Receipt of statutory approvals from SEBI, RBI, MCA, etc.
Compliance with all guidelines, regulations, and directions of Exchange and statutory authorities
Compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as on date of listing
Compliance with Companies Act, 1956/2013 and other applicable laws

Fix record date with at least three working days advance notice to Exchange
Disclose rights issue price at least 3 working days prior to record date
Confirm completion of posting of letter of offer & composite application form
Enter into agreements with all depositories for dematerialization of securities
Get Basis of Allotment approved by Designated Stock Exchange even in case of under-subscription
Ensure qualified Company Secretary serves as Compliance Officer
Make payment of all applicable charges levied by Exchange
Comply with Section 186 and 188 of Companies Act, 2013 and Regulation 23 of SEBI (LODR) Regulations, 2015
Procure ODI compliance certificate from Secretarial Auditor before filing listing application

Both exchanges require specific disclaimer clauses to be printed in the Letter of Offer after SEBI disclaimer clause, stating that:

Exchange permission does not constitute clearance or approval of the offer document
Exchange does not warrant correctness or completeness of contents
Exchange does not warrant that securities will be listed or continue to be listed
Exchange takes no responsibility for financial soundness of issuer, promoters, or management
Investors must conduct independent inquiry and analysis

Company cannot dematerialize any securities except rights entitlement until further notice
Final listing approval subject to completion of post-issue requirements and compliance with statutory formalities