Ravindra Energy Secures ₹100 Crore Tata Capital Loan

Key Transaction Details

• Agreement Type: Term Loan Facility
• Lender: Tata Capital Limited
• Borrower: Ravindra Energy Limited
• Principal Amount: ₹100 crore (not exceeding)
• Execution Date: July 30, 2026
• Interest Rate: 12.50% per annum, floating rate, payable monthly

Purpose of Loan

Fund investment required by Ravindra Energy Ltd in solar project Special Purpose Vehicles (SPVs), specifically for investments other than the project finance loans already at the SPV level.

Security Arrangements

The loan is secured by:

1. First charge on fixed assets and current assets of Ravindra Energy Limited

2. First charge on cash flows upstreamed from the Project SPVs

3. Personal Guarantee of Mr. Narendra Murkumbi (Promoter of REL)

4. Corporate Guarantee of Khandepar Investments Private Limited (Promoter of REL)

5. Equity share pledge by promoters of REL equivalent to the loan amount

Significant Terms

• Tata Capital Limited reserves the right to appoint its Nominee on the Board of the Company in case of occurrence of an event of default and its subsistence
• The transaction does not constitute a related party transaction
• No shareholding exists between the parties

Additional Information

• The disclosure includes Annexure A with detailed questionnaire responses
• The information is available on the company's website at https://www.ravindraenergy.com/
• The document was digitally signed by Madhukar Rajendra Shipurkar, Company Secretary & Compliance Officer (Membership No. A64947)