# Ratnaveer Precision Engineering announces Rs 330 crore rights issue 2026-08-22T00:46:25+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Ratnaveer Precision Engineering has approved a Rs 330 crore rights issue, offering 1,24,99,669 equity shares at Rs 264 each, including a premium of Rs 254 per share. The rights entitlement is set at 7 shares for every 40 held, with the record date as August 26 and the issue opening date to be announced later. The funds will strengthen the company's capital base and support expansion, including its Rs 472.34 crore Copper Clad Laminate project, which is India's first fully integrated CCL manufacturing facility under the government's PLI Scheme for Electronics. Commercial production is targeted for November 2026. The company reported a 20% year-on-year rise in total revenue to Rs 318 crore in Q1 FY27, with PAT up 21% to Rs 18.2 crore. Shares hit a new 52-week high of Rs 282.50 on BSE on August 20, gaining nearly 80% year-to-date. ## Indian Opinion Analysis The rights issue comes as Ratnaveer pivots from traditional stainless steel products into advanced electronic materials, a segment with higher margins but also execution risk. The CCL facility's November 2026 target gives the company just over two years to build, test and begin production under the PLI scheme, which offers incentives but requires meeting output milestones. Shareholders who do not subscribe to the rights issue will see their stake diluted by roughly 17.5%. The next signal to watch is the issue opening date and the level of investor participation, which will test confidence in the company's expansion into a new, capital-intensive sector. ## Coverage - livemint.com Straightforward business reporting with financial details, quotes from management, and stock performance data, no pro-government or critical slant. This story was synthesised by AI from the source linked above. Tags: BSE, Copper Clad Laminate, PLI scheme, Ratnaveer Precision Engineering, Rights Issue Canonical: https://indianopinion.org/ratnaveer-precision-engineering-announces-rs-330-crore-rights-issue/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/ratnaveer-precision-engineering-announces-rs-330-crore-rights-issue/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes. How this brief was made: an AI model read the report linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/