Ravindra Energy Limited has formally closed its rights issue of equity shares. The rights issue opened on Tuesday, June 16, 2026 at 09:00 a.m. IST and closed on Wednesday, June 24, 2026 at 05:00 p.m. IST.
The rights issue was for the issuance and allotment of equity shares of face value of ₹10 each at an issue price of ₹101 per fully paid-up equity share. The total issue size aggregated to not exceeding ₹2,050 million.
The company's Board of Directors had previously approved the rights issue during a meeting dated May 16, 2026. Subsequently, another board meeting outcome filed on May 27, 2026, provided intimation of the record date, issue opening date, and issue closing date.