Transaction Overview
Shanti Gold International Limited deployed INR 8.83 crore to acquire 265,000 equity shares of Ratnaveer Precision Engineering Limited through a secondary‑market purchase on September 25, 2026. The weighted‑average acquisition price was INR 333.33 per share, resulting in Shanti Gold holding approximately 0.37% of Ratnaveer’s paid‑up equity capital. The investment is classified as a minority cash transaction and introduces a new listed corporate shareholder into Ratnaveer’s equity structure.
Ratnaveer Financial Performance
Ratnaveer Precision Engineering has demonstrated rapid revenue expansion over the past two fiscal years, recording turnover of INR 595.38 crore in FY 2023‑24, INR 891.88 crore in FY 2024‑25, and INR 1,068.74 crore in FY 2025‑26. For FY 2025‑26, the company reported a Profit After Tax (PAT) of INR 64.31 crore, underscoring a strengthening profitability profile alongside the top‑line growth.
Strategic and Operational Highlights
The firm’s core operations focus on manufacturing and exporting stainless steel products serving multiple industrial segments, providing exposure across India’s broader manufacturing ecosystem. In addition to its established stainless‑steel business, Ratnaveer is advancing a Copper Clad Laminates (CCL) project in Gujarat, signalling entry into the electronics and advanced‑manufacturing space. This diversification adds a technology‑oriented growth avenue to the company’s portfolio.
Market Implications
The entry of Shanti Gold International as a corporate shareholder may broaden Ratnaveer’s visibility among corporate investors, high‑net‑worth individuals, family offices, and sector‑focused market participants tracking the stainless‑steel, metals, engineering, and infrastructure supply chains. The transaction also provides a reference point for investors evaluating listed opportunities within India’s manufacturing value chain.