Company Name and Scrip Code

Scrip Code (NSE): RELTD

Document Title and Date

Document Title: Intimation under Regulation 30(9) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015

Date: June 30, 2026

Total Funds Invested and Transaction Details

Total Investment: ₹150 Crores

Transaction Type: Investment via Rights Issue in an associate entity

Target Company: Energy In Motion Limited (EIM)

Number of Shares Subscribed: 45,67,463 equity shares

Issue Price per Share: ₹328.41 (Face Value: ₹10, Premium: ₹318.41)

Payment Method: Cash through Banking Channel

Purpose of Investment / Object of the Issue

The investment was made in accordance with the 'Objects of the Issue' section of EIM's Letter of Offer dated June 3, 2026 (with a corrigendum dated June 12, 2026). The specific purpose was for the repayment of an Inter-Corporate Deposit (ICD) borrowed by EIM from Golden Green Innovations Private Limited, one of the promoters of EIM.

Background on the Investee Entity (Energy In Motion Limited)

Incorporation Date: March 19, 2024

Business: Provider of integrated electric mobility solutions for long-haul freight transportation. Its model involves selling bare electric tractors (without battery packs) to transporters while providing battery packs, charging/swapping infrastructure, and energy supply through long-term contracts.

Relationship to Ravindra Energy: An associate company. Ravindra Energy's shareholding was 49.50% prior to this allotment and is 49.54% post-allotment.

Financial Performance:

  • FY2024-25 Turnover: ₹5.22 million (from date of incorporation)
  • FY2025-26 Turnover: ₹1,806.88 million

Geographic Presence: Significant presence in India.

Regulatory and Governance Context

Related Party Transaction: Yes, as EIM is an associate entity of Ravindra Energy.

Arm's Length: The transaction was undertaken at arm's length.

Approval: The transaction was approved by Ravindra Energy's shareholders through a postal ballot held on January 5, 2026.

Individual Interest: Mr. Narendra Murkumbi (promoter and Non-Executive Director of Ravindra Energy) serves as the Managing Director of EIM. No other promoter or director has any interest in the transaction.

Governmental Approvals: Not Applicable for this acquisition.