Ravindra Energy Limited has completed the allotment of equity shares through its rights issue. The Finance Committee (authorized by the Board for rights issue matters) approved the allotment at its meeting held on June 25, 2026, which commenced at 08:30 PM and concluded at 8:50 PM.
Allotment Details
- Number of shares allotted: 1,98,54,940 equity shares
- Face value: ₹10 per share
- Issue price: ₹101 per fully paid-up equity share
- Premium component: ₹91 per equity share
- Total amount raised: ₹2005.35 million
- Recipients: Eligible shareholders and renouncee(s)
- Basis: Rights issue basis
Share Capital Impact
Pursuant to the allotment, the company's share capital stands as follows:
- Issued Share Capital: ₹2,01,04,94,030 (20,10,49,403 equity shares of ₹10 each)
- Paid-Up Share Capital: ₹1,98,54,94,030 (19,85,49,403 equity shares of ₹10 each)
Regulatory Framework
The allotment was made in terms of the letter of offer dated June 3, 2026, read with the corrigendum dated June 12, 2026. The disclosure is made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular dated January 30, 2026.
Additional Information
The information is available on the company's website at https://www.ravindraenergy.com. The disclosure was signed by Madhukar Rajendra Shipurkar, Company Secretary & Compliance Officer (Membership No. A64947), on June 25, 2026, at 20:52:15.