Business Update Positive

2026-05-27 22:03

Ravindra Energy Limited's Board approved the terms for a Rights Issue to raise up to ₹2,050 million (₹205 Cr) by issuing approximately 1.98 crore equity shares at ₹101 each. The record date for the Rights Issue is June 8, 2026, with the issue opening on June 16, 2026, and closing on June 24, 2026.

Ownership Positive

2026-05-27 22:01

Ravindra Energy Limited's Board approved the terms for a Rights Issue to raise up to ₹2,050 million. The issue price is ₹101 per share. The Record Date for the Rights Issue is June 8, 2026. The issue will open on June 16, 2026, and close on June 24, 2026. Post full subscription, the outstanding equity shares will increase from 17,86,94,463 to 19,85,27,297.

Governance Neutral

2026-05-22 20:05

Ravindra Energy Limited announced the postponement of its Board Meeting from May 23, 2026, to May 27, 2026, due to the unavailability of Directors. The meeting is scheduled to discuss matters related to a Rights Issue, including determining the record date and issue period.

Governance Neutral

2026-05-20 20:35

Ravindra Energy Limited has intimated that a Board Meeting will be held on May 23, 2026, to consider and decide on various matters related to its previously approved Rights Issue. The agenda includes determining the specific terms of the Rights Issue, such as the record date and issue period.

Business Update Positive

2026-05-16 12:25

Ravindra Energy Limited's Board, on May 16, 2026, approved a Rights Issue to raise up to ₹2,050 million at ₹101 per equity share, with an entitlement ratio of 1 equity share for every 9 held. The Board also noted a proposal for the consolidation of Energy In Motion Limited's business with the company and formed a committee to evaluate this strategic transaction.

Governance Neutral

2026-05-13 19:34

Ravindra Energy Limited announced a Board Meeting on May 16, 2026, to consider and approve raising funds through a rights issue of equity shares. The trading window for designated persons and their immediate relatives has been closed from May 13, 2026, until further notice, in compliance with SEBI PIT Regulations.

Business Update Neutral

2026-05-06 21:50

Ravindra Energy Limited (REL) has provided a corporate guarantee to TATA Capital Limited (TCL) for up to 50% of a maximum INR 20 Crores lease value. This guarantee secures outstanding receivables for electric commercial vehicle leases provided by TCL to 'Energy In Motion Limited' (EIM), an associate entity of REL where REL holds a 49.50% stake. The company stated this supports EIM's business expansion and is a non-fund based contingent liability with no immediate financial impact on REL.

Business Update Positive

2026-05-03 13:10

Ravindra Energy Limited announced that its associate, Energy in Motion Limited (EIM), has commenced commercial operations at India's largest battery swapping and charging station for heavy vehicles at Nhava Sheva Freeport Container Terminal. The 3 MW station can serve over 160 heavy EVs daily. EIM is partnering with Nhava Sheva Freeport Container Terminal (NSFT) to electrify their entire vehicle fleet by FY2026-27.

Business Update Positive

2026-04-29 22:39

Ravindra Energy Limited announced a business update for its Renewable Energy and Electric Vehicle activities for the period ended March 31, 2026. The total renewable energy portfolio (operating, under construction, and under development) stands at 486.3 MWp. Energy generated for the quarter ended March 2026 was 78.3 million kWh, a significant increase from 16.0 million kWh YoY. Year-ended March 2026 generation was 194.1 million kWh, compared to 53.8 million kWh in the previous year. The company also provided an update on its Electric Vehicle (EIM) business.

Ownership Positive

2026-04-29 21:45

Ravindra Energy Limited announced the allotment of 70,000 equity shares of face value Rs. 10/- each at an exercise price of Rs. 100/- per share on April 29, 2026. This allotment was made pursuant to the options exercised by eligible employees under the 'Ravindra Energy Employee Stock Option Plan, 2022'. Consequently, the company's paid-up Equity Share Capital has increased to Rs. 1,786,944,630, comprising 178,694,463 equity shares.

Governance Neutral

2026-04-29 18:02

The Board of Directors of Ravindra Energy Limited met on April 29, 2026, and approved the Audited Standalone and Consolidated Financial Results and Statements for Q4 and the financial year ended March 31, 2026. The statutory auditors issued an unmodified opinion on these results. The Board also approved the appointment of M/s. P. G. Bhagwat LLP as Internal Auditors and M/s. A. G. Anikhindi & Co. as Cost Auditors for FY2026-27. The audit report noted an emphasis on an impairment of investments in LLPs amounting to (50.00) Mn.

Financials Neutral

2026-04-29 17:48

The Board of Directors of Ravindra Energy Limited, in a meeting on April 29, 2026, approved the Audited Standalone and Consolidated Financial Results for Q4FY2025-26 and the financial year ended March 31, 2026. The company received an Unmodified Opinion from its Auditors on these financial results. Additionally, the board approved the appointment of M/s. P. G. Bhagwat LLP as Internal Auditors and M/s. A. G. Anikhindi & Co. as Cost Auditors for FY2026-27. The audit report included emphasis on impairment of investments in LLPs of (50.00) Mn and ESOPs, but without modifying the opinion.

Financials Negative

2026-04-29 17:38

Ravindra Energy Limited reported Standalone Operating Revenue of ₹967.34Mn for Q4 FY26, down from ₹1,415.30Mn in Q4 FY25 (▼31.65% YoY). EBITDA for the quarter stood at ₹70.17Mn compared to ₹204.68Mn (▼65.71% YoY). Net Profit (PAT) increased to ₹160.22Mn from ₹104.49Mn (▲53.33% YoY). The EBITDA Margin contracted to 7.25% from 14.46% (▼721bps). The rise in PAT is primarily attributable to the absence of a significant exceptional loss (₹156.17Mn) reported in the prior year quarter, masking an underlying operational decline.

Governance Neutral

2026-04-22 12:53

Ravindra Energy Limited announced a Board Meeting on April 29, 2026, to consider and approve standalone and consolidated financial results for the year ended March 31, 2026. The trading window for insiders will remain closed from April 1, 2026, until 48 hours post results declaration.

Business Update Positive

2026-04-20 19:59

Ravindra Energy Limited's associate, Energy in Motion Limited (EIM), and Drivn have signed an MoU to deploy 1,000 electric heavy-duty commercial vehicles across India over the next two years. This partnership combines vehicle supply, financing, and energy solutions for large-scale electric fleet deployment.

Ownership Positive

2026-03-31 17:12

Ms. Anuradha Kulkarni, a Member of the Promoter Group of Ravindra Energy Limited, purchased 15,000 equity shares for ₹18,53,120 on March 30, 2026. Her holding increased from 1,00,000 shares (0.06%) to 1,15,000 shares (0.06%) post-acquisition.

Ownership Neutral

2026-03-31 16:13

Ravindra Energy Limited's promoter, Khandepar Investments Private Limited, sold 19,61,822 equity shares worth ₹24.47 Crores via market sale between March 27-30, 2026, reducing its holding from 34.64% to 33.54%. This is a disclosure under SEBI (Prohibition of Insider Trading) Regulations.

Ownership Positive

2026-03-28 12:55

Promoter Khandepar Investments Private Limited announced the release of a pledge on 60,00,000 equity shares (3.36% of total share capital) of Ravindra Energy Limited. The shares were previously pledged with JM Financial Products Limited as security for a loan, which has now been repaid by the company.

Ownership Positive

2026-03-27 19:21

Promoter, Khandepar Investments Private Limited, revoked pledge on 60,00,000 equity shares (worth ₹75 Cr) of Ravindra Energy Limited due to repayment of a borrowing facility on March 27, 2026.

Routine Neutral

2026-03-26 17:25

Ravindra Energy Limited announced the closure of its trading window from April 01, 2026, until 48 hours post-declaration of financial results for the quarter and year ended March 31, 2026, as per SEBI PIT Regulations.

Business Update Positive

2026-03-25 14:54

Ravindra Energy Limited's associate, Energy In Motion Limited (EIM), partnered with Transvolt Mobility Private Limited for the deployment of 66 'Ashwa' electric heavy vehicles and battery-swapping services. These vehicles will be used for intra-port movement at Kandla and Jawaharlal Nehru Ports, aiming to cut CO2 emissions by 3300 tons annually. Supply is slated for March and April 2026.

Business Update Negative

2026-03-25 14:45

Ravindra Energy Limited's Finance Committee, on March 25, 2026, decided to put the proposed Qualified Institutions Placement (QIP) on hold due to continued market volatility. The company will re-evaluate the timing for fund-raising at a more opportune time.

Business Update Positive

2026-03-13 17:48

Ravindra Energy Limited provided a corporate guarantee for INR 296 Crore (including earlier limits) for an associate, Energy In Motion Limited, to secure financial assistance from YES Bank. This support is intended to help EIM expand operations and is considered in REL's overall interest, with no immediate financial impact.

Ownership Neutral

2026-03-09 17:20

Mr. Shantanu Lath, Whole-Time Director & CEO, acquired 50,000 equity shares (0.03%) by exercising ESOPs under the Ravindra Energy Employee Stock Option Plan, 2022. The acquisition took place on March 6, 2026, and was disclosed on March 9, 2026.

Ownership Positive

2026-03-06 20:05

Ravindra Energy Limited allotted 70,000 equity shares of face value Rs. 10/- each at an exercise price of Rs. 100/- per share under its Employee Stock Option Plan 2022 on March 6, 2026, increasing the paid-up share capital to Rs. 1,78,62,44,630.

Business Update Neutral

2026-01-27 22:25

Ravindra Energy Limited submitted an investor presentation to the stock exchanges, in connection with the Institutional Investor Conference / Analyst meet scheduled from January 28, 2026, to February 13, 2026.

Business Update Positive

2026-01-25 12:35

Ravindra Energy provided a business update, detailing its Renewable Energy and EV businesses. Renewable projects are on target with significant operating and pipeline capacity. For Q3FY26, EV business reported revenue of ₹34.76 Cr and PAT of ₹-4.56 Cr. YES Bank sanctioned ₹296 Cr credit and ₹32 Cr hedge facility.

Business Update Neutral

2026-01-22 22:28

Ravindra Energy Limited will hold institutional investor/analyst meetings from January 28, 2026, to February 13, 2026, across Mumbai, New Delhi, Singapore, Hong Kong, and virtual platforms. No unpublished price sensitive information will be shared.

Financials Positive

2026-01-19 23:43

Consolidated Revenue ₹176.89Cr vs ₹176.89Cr (▲0% YoY), EBITDA ₹0.15Cr vs ₹0.10Cr (▲44.23% YoY), PAT ₹0.15Cr vs ₹0.10Cr (▲44.23% YoY). EBITDA Margin 0.08% vs 0.06% (▲2bps).

Financials Neutral

2026-01-16 09:07

Ravindra Energy Limited announced the submission of quarterly financial results for Q3 ended Dec 31, 2025, and completed board meeting filings. Updates on Renewable Energy and Electric Vehicle businesses were also provided.

Financials Neutral

2026-01-15 19:29

Ravindra Energy submitted a Monitoring Agency Report for the 3rd Quarter of FY 2025-26 (ended Dec 31, 2025) regarding the utilization of proceeds from a preferential issue. The report, issued Jan 15, 2026, indicates no deviation from stated objectives.

Financials Neutral

2026-01-15 19:25

Ravindra Energy Limited filed a statement regarding the utilization of funds (Rs. 180 Crs) raised through a preferential issue for the quarter ended December 31, 2025. There's a deviation in allocation of funds, up to 10%, already approved by shareholders.

Financials Neutral

2026-01-15 19:17

Board meeting held on Jan 15, 2026, approved unaudited financial results for the quarter ended Dec 31, 2025. Monitoring Agency Report & Deviation Statement enclosed. Unaudited results & limited review report by statutory auditors also included.

Financials Neutral

2026-01-15 19:04

Ravindra Energy Limited submitted the outcome of its Board Meeting held on January 15, 2026, approving the Unaudited Standalone and Consolidated Financial Results for the quarter ended December 31, 2025. Includes monitoring agency report and deviation statement.

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RAVINDRAENERGY LTD

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