Ravindra Energy Limited, through a circular resolution of its Securities Allotment Committee dated August 25, 2026, approved the allotment of 12,500 equity shares under the 'Ravindra Energy Employee Stock Option Plan, 2022'. The shares have a face value of Rs. 10/- each and were allotted at an exercise price of Rs. 100/- per share to eligible employees who exercised their options.

This allotment increased the company's paid-up equity share capital from the previous amount to Rs. 1,98,56,19,030 (198.56 crore), divided into 19,85,61,903 (19.86 crore) equity shares of Rs. 10/- each.

The shares were allotted with the ISIN number INE206N01018 and will rank pari-passu with the existing equity shares of the company. The premium per share is Rs. 90/- (Rupees Ninety Only). The total amount raised through this ESOP exercise is Rs. 12,50,000/- (12,500 shares × Rs. 100 exercise price).

The distinctive numbers of the allotted shares range from 20,10,49,404 to 20,10,61,903 (both inclusive). The shares are being issued only in dematerialized form and are not subject to any lock-in period.

Compliance Details:

The company has provided comprehensive disclosures as required under:

  • Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular dated January 30, 2026 (Annexure-A)
  • Regulation 10(c) read with Part E of Schedule I to the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 (Annexure-B)

The ESOP plan received in-principle approval from BSE (reference no: DCS/IPO/JP/ESOP-IP/3457/2023-24 dated December 24, 2024) and NSE (reference no: NSE/LIST/45148 dated December 24, 2024). The initial statement under Regulation 10(b) was filed with both exchanges on November 8, 2024.

Capital Structure Note:

The document notes a difference between issued shares (20,10,61,903) and paid-up shares (19,85,61,903) due to the forfeiture of 25,00,000 partly paid equity shares of face value Rs. 10/- each that were paid up to the extent of Re. 1/- each.

Additional Information:

The company has already paid listing fees for share capital up to Rs. 200 crore for the current fiscal year, so no additional fees are required for this allotment. All information is available on the company's website at https://www.ravindraenergy.com/.