Ravindra Energy Limited has issued a regulatory disclosure regarding the outcome of its Board of Directors meeting held on May 27, 2026. This communication is made to BSE Limited and the National Stock Exchange of India Limited in compliance with Regulation 30 and Regulation 42 of the SEBI Listing Regulations.
The disclosure provides final terms and dates for a previously approved rights issue. The Board had initially approved the rights issue on May 16, 2026, for an aggregate amount not exceeding Rs. 2,050 million (Rs. 205 crore).
Key Terms of the Rights Issue
- Record Date: June 8, 2026
- Existing Paid-up Capital: 17,86,94,463 equity shares of face value Rs. 10 each
- Issue Size: Up to 1,98,32,834 equity shares
- Issue Price: Rs. 101 per equity share (Face Value: Rs. 10, Premium: Rs. 91)
- Potential Post-Issue Capital: 19,85,27,297 equity shares (assuming full subscription)
- Issue Opening Date: June 16, 2026
- Issue Closing Date: June 24, 2026
Regulatory Approvals
The company has received in-principle approval from both BSE Limited and National Stock Exchange of India Limited for the proposed Rights Issue through separate letters dated May 27, 2026.
Meeting Details
The Board meeting commenced at 09:30 PM and concluded at 09:45 PM on May 27, 2026.
Additional Information
This intimation has been digitally signed by Madhukar Rajendra Shipurkar, Company Secretary & Compliance Officer (ICSI Membership No. A64947), and is available on the company's website at www.ravindraenergy.com.