Ravindra Energy Allots 70,000 ESOP Shares at Rs. 100

Ravindra Energy allotted 70,000 equity shares under its Employee Stock Option Plan 2022 at Rs. 100 exercise price.
The allotment increased paid-up capital to Rs. 178.69 crore comprising 17.87 crore equity shares of Rs. 10 each.
Disclosures comply with SEBI Listing Regulations and Share Based Employee Benefits Regulations requirements.
Shares rank pari-passu with existing equity and carry a premium of Rs. 90 per share.