Ratnaveer Precision Engineering Limited announced that its members have approved the alteration of Clause V of the Memorandum of Association (MOA) of the Company. This alteration is a consequence of an increase in the authorized share capital. The company's authorized share capital has been increased from ₹85,00,00,000, comprising 8,20,00,000 Equity Shares of ₹10 each and 30,00,000 Preference Shares of ₹10 each, to ₹1,13,00,00,000, comprising 11,00,00,000 Equity Shares of ₹10 each and 30,00,000 Preference Shares of ₹10 each. This approval was obtained by passing an Ordinary Resolution in the Extraordinary General Meeting (EGM) held on 30th May, 2026. The updated Clause V of the MOA now states: “The Authorized Share Capital of the Company is ₹1,13,00,00,000/- (Rupees One Hundred and Thirteen Crores only) divided into 11,00,00,000 Equity Shares of ₹10/- (Rupees Ten only) each and 30,00,000 Preference Shares of ₹10/- (Rupees Ten only) each.” This disclosure is made pursuant to Regulation 30 of the SEBI LODR Regulations.
