RATNAVEER

Ratnaveer Precision Engineering Limited held its 1st Extraordinary General Meeting (EGM) on May 30, 2026, via Video Conferencing. The meeting discussed and put to vote two special resolutions: to increase the Authorised Share Capital of the company and to approve the appointment of Mrs. Seema Vijay Sanghavi as an Executive Director. E-voting facilities were provided for members, and the meeting concluded at 12:34 p.m. IST.

Management provided an optimistic outlook, guiding for a consolidated top line of ₹2,500-2,550 crores within 2-3 years (FY27-FY28). This is driven by 25% CAGR growth in the existing stainless steel business (targeting ₹1,800 crores in 3 years) and the new Copper Clad Laminates (CCL) business, which is expected to add ₹750 crores top line in the next 2 years. The CCL project, with an estimated total requirement of ₹650 crores (₹400 Cr Capex + ₹250 Cr working capital), is projected to commence production by November 2026. Consolidated EBITDA margin is guided at 13-14%, and PAT margin at 9.7-10.5%. The company benefits from strong demand in the semiconductor and PCB industries and government subsidies. While FY26 saw negative operating cash flow of ₹48 crores and increased receivables, management attributed these to strategic capital expenditure and new product launches, expecting normalization as the new business scales.

New Filing detected. See link for details.

Ratnaveer Precision Engineering Limited's Board of Directors, in its meeting held on May 12, 2026, approved the appointment of Mr. Kashyap Shah (DIN: 02167256) as an Additional Director in the capacity of an Independent Director. His term will be for 5 consecutive years, effective from May 12, 2026, subject to shareholder approval. Mr. Shah is a seasoned Company Secretary with over 20 years of experience in corporate advisory, compliance, and restructuring.

Ratnaveer Precision Engineering Ltd announced its Copper Clad Laminates (CCL) project, approved under ECMS, with an investment of ₹338 crore over 3 years. The facility in Vadodara, Gujarat, will have an annual capacity of 1.6 million FR-4 grade CCL sheets. Positioned as India's 1st fully integrated high-volume CCL manufacturer, the project aims to strengthen India's electronics and PCB ecosystem through import substitution and cater to growing demand. The company also maintains an A- Stable credit outlook.

Ratnaveer Precision Engineering Limited declared that its Statutory Auditors, M/s. Pankaj R. Shah & Associates, have issued an Unmodified Opinion on the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026.

The Board approved the allotment of 34,31,446 equity shares to Promoter Category individuals (Mr. Vijay Sanghvi and Mrs. Seema Vijay Sanghavi group) upon conversion of warrants at an issue price of ₹159.25/- per share. This transaction resulted in a capital infusion of ₹40.98 crore (being 75% of the issue price). Post-allotment, the company's paid-up equity share capital increased to ₹71.43 crore, comprising 7,14,26,681 shares. The board also approved the Audited Financial Results for Q4 and FY ended March 31, 2026, though the detailed results are not provided in this excerpt.

Standalone Revenue ₹249.0Cr vs ₹203.1Cr (▲22.6% YoY), EBITDA ₹28.3Cr vs ₹16.7Cr (▲69.2% YoY), PAT ₹17.0Cr vs ₹10.7Cr (▲59.0% YoY) for Q4 FY26. EBITDA Margin 11.4% vs 8.2% (▲313bps). The board also approved the allotment of 34,31,446 equity shares upon conversion of warrants to promoter entities at ₹159.25/- per share, increasing the paid-up capital.

Ratnaveer Precision Engineering Limited announced an investor meeting/earnings call for Q4 & FY26 on May 14, 2026, starting 4:00 PM IST. The purpose is for investors to interact with management and discuss the company's financial performance and outlook. The company stated that no Unpublished Price Sensitive Information (UPSI) will be shared during this meeting.

Ratnaveer Precision Engineering Limited announced an Extraordinary General Meeting (EGM) to be held on May 30, 2026, via video conferencing. The EGM will seek shareholder approval for two key resolutions: increasing the company's authorized share capital from ₹85 crores to ₹113 crores and appointing Mrs. Seema Vijay Sanghavi as an Executive Director for a five-year term.

Ratnaveer Precision Engineering Limited announced the resignation of Ms. Binita Veridia from the post of Non-Executive Non-Independent Director. Her resignation was tendered on May 1st, 2026, and is effective from May 27th, 2026, citing personal commitments as the reason. She confirmed there are no other material reasons for her resignation.

Ratnaveer Precision Engineering Limited announced on April 28, 2026, that Mrs. Seema Vijay Sanghavi, appointed as Executive Director, is not debarred from holding the office of director by virtue of any SEBI order or other authority. This filing is made in compliance with SEBI circulars.

The Board approved increasing authorized share capital to ₹113 Cr and raising up to ₹330 Cr through various modes. An EGM will be held on May 30, 2026, to seek shareholder approval. Mrs. Seema Vijay Sanghavi was appointed Executive Director for 5 years, effective April 28, 2026.

Board approved increasing Authorised Share Capital from ₹85 Cr to ₹113 Cr and raising funds up to ₹330 Cr via various modes, subject to shareholder approval. Mrs. Seema Vijay Sanghavi was appointed as Executive Director for 5 years. An EGM will be held on May 30, 2026, for shareholder approvals.

Board approved increasing authorized share capital, fund-raising up to ₹330 Cr via various securities, and appointing Mrs. Seema Vijay Sanghavi as Executive Director for 5 years. An EGM will be held on May 30, 2026, for necessary shareholder approvals.

Board approved increasing Authorised Share Capital to ₹113Cr from ₹85Cr and raising funds up to ₹330Cr via various modes, subject to EGM on May 30, 2026. Mrs. Seema Vijay Sanghavi was appointed as an Additional Director (Executive Director) for 5 years.

Ratnaveer Precision Engineering Limited's credit rating for Long Term Bank Facilities was upgraded by Infomerics to IVR A-/Stable from IVR BBB+/Positive. Short Term Bank Facilities were upgraded to IVR A2+ from IVR A2, reflecting improved creditworthiness.

Ratnaveer Precision Engineering Limited submitted the Confirmation Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, for the fourth quarter ended March 31, 2026. The certificate from MUFG Intime India Pvt. Ltd. confirms the proper handling of dematerialization requests.

Ratnaveer Precision Engineering Limited received approval under the Electronics Component Manufacturing Scheme (ECMS) for a Copper Clad Laminates project. The company will invest ₹338 Crores over the next 3 years to establish a manufacturing facility in Vadodara, Gujarat, with commercial operations expected by November 2026.

New Filing detected. See link for details.

Board approved allotment of 1,24,772 equity shares at Rs. 148.27/share via preference share conversion, increasing capital. Also, 72,32,704 warrants were preferentially allotted to promoters/group at Rs. 159.25/warrant, convertible to equity within 18 months.