Astorne & Beacon Acquire 8.84% Stake in Ratnaveer Precision Engineering Ltd.

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Moneycontrol•09-12-2025, 07:51
Astorne & Beacon Acquire 8.84% Stake in Ratnaveer Precision Engineering Ltd.
- •Astorne Capital VCC and Beacon Stone Capital VCC acquired an 8.84% stake in Ratnaveer Precision Engineering Ltd.
- •They purchased 4,689,655 shares, representing 7.12% of the diluted share/voting capital.
- •The acquisition was made via a Qualified Institutional Placement (QIP) on December 4, 2025.
- •Before this transaction, the acquirers held no shares in Ratnaveer Precision Engineering Ltd.
Why It Matters: Major investors buy big stake in Ratnaveer Precision Engineering Ltd., signaling confidence.
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