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Ratnaveer Precision Engineering Ltd. Approves Issuance of 72.3 Lakh Warrants to Promoters
Ratnaveer Precision Engineering Limited
January 12, 2026, 01:06 PM
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Ratnaveer Precision Engineering Limited held its Extraordinary General Meeting (EGM) on Saturday, January 10, 2026, via video conferencing. The meeting was convened to approve the issuance of 72,32,704 warrants to promoters and the promoter group on a preferential basis.
The voting results, as per the scrutinizer's report dated January 12, 2026, indicate that the resolution for the issuance of these warrants was approved by the members with the requisite majority. The e-voting period commenced on January 7, 2026, and concluded on January 9, 2026, with additional e-voting facility available during the EGM.
Promoters and the promoter group cast their votes in favor of the resolution, with 28,933,532 votes in favor and zero against. Public institutions also voted overwhelmingly in favor, casting 169,990 votes in favor and none against. Non-institutional investors cast 29,64,812 votes in favor and 68 votes against. In total, 3,20,68,334 votes were cast in favor of the resolution, representing 99.9998% of the total votes polled, with only 68 votes against.
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