Ravindra Energy Limited has provided a corporate guarantee of up to ₹10 Crore (50% of a ₹20 Crore lease) to TATA Capital Limited. The guarantee secures a finance lease facility for its associate entity, Energy In Motion Limited. The transaction is conducted at arm's length to support the associate's business expansion.
Shree Renuka Sugars Development Foundation, a connected person of Ravindra Energy Ltd, sold 3,45,000 equity shares in the open market for ₹4.76 Crore. Following this transaction, the entity's stake in the company reduced from 2.32% to 2.13%.
Ravindra Energy's associate, Energy In Motion, commenced commercial operations at India's largest battery swapping and charging station for heavy vehicles at Nhava Sheva. The 3 MW automated facility serves 160+ EVs daily, partnering with NSFT to electrify their fleet by FY 2026-27.
Mr. Shantanu Lath, WTD & CEO of Ravindra Energy Ltd, acquired 70,000 equity shares worth ₹0.70 Crore by exercising ESOPs. This transaction increases his shareholding from 0.03% to 0.07%.
Ravindra Energy Limited has allotted 70,000 equity shares to eligible employees following the exercise of options under the Ravindra Energy Employee Stock Option Plan, 2022. This allotment increases the company's paid-up share capital from 178,624,463 to 178,694,463 equity shares.
Ravindra Energy Limited provided updates for its Renewable Energy and EV businesses. The EIM division delivered 311 e-tractors and generated ₹180.59 Crore revenue in FY26. The company reached a total renewable generation capacity of 486.3 MWp. Network expansion for EV charging and battery swapping is underway across four key corridors including the Delhi-Mumbai highway.
Ravindra Energy Limited held a board meeting on April 29, 2026, approving the re-appointment of M/s. P. G. Bhagwat LLP as Internal Auditors for 36 months and M/s. A.G. Anikhindi & Co as Cost Auditors for 12 months. These appointments ensure continued regulatory compliance and internal oversight for the company.
Ravindra Energy Limited allotted 70,000 equity shares of Rs. 10 each to eligible employees under its ESOP 2022 scheme. The allotment, valued at ₹0.70 Crore, was made at an exercise price of Rs. 100 per share. Consequently, the company's paid-up equity share capital increased to approximately ₹178.69 Crore.
Ravindra Energy Limited held a board meeting on April 29, 2026, approving the re-appointment of M/s. P. G. Bhagwat LLP as Internal Auditors for 36 months and M/s. A.G. Anikhindi & Co as Cost Auditors for 12 months. These appointments ensure continued regulatory compliance and internal oversight.
Ravindra Energy Limited submitted its quarterly statement of fund utilization for its October 2024 preferential issue of ₹180 Crore. The company reported no deviations in the actual use of funds compared to its objects, with ₹172.50 Crore utilized as of Q4FY2025-26 for renewable energy and general corporate purposes.
Ravindra Energy Limited submitted its Monitoring Agency report for Q4 FY2025-26 regarding the utilization of ₹180 Crore raised via a preferential issue. The report, issued by India Ratings and Research, confirms that ₹172.50 Crore has been utilized as of March 31, 2026, with no deviations from the stated objects.
Ravindra Energy Limited reported its audited standalone and consolidated financial results for Q4 and FY2025-26. The company also announced 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.
Ravindra Energy's associate, Energy in Motion Limited (EIM), signed an MoU with Drivn to deploy 1,000 electric heavy-duty commercial vehicles in India. The two-year partnership combines EIM's vehicle supply and battery-swapping technology with Drivn's leasing and financing model. This initiative supports large-scale electric fleet deployment and expands Ravindra Energy's footprint in the EV business.
Ravindra Energy Limited submitted its quarterly certificate under SEBI (Depositories and Participants) Regulations for the period ended March 31, 2026. The filing confirms that securities received for dematerialization were processed, mutilated, and cancelled within the mandated 21-day period. This is a routine compliance disclosure for investors.
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