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Ravindra Energy Limited

5 articles
Ravindra Energy is pursuing a rights issue to raise capital, with a board meeting scheduled for May 16, 2026, and a trading window closed for designated persons. The company's renewable energy portfolio generated 194.1 million kWh in fiscal year 2026, while its electric vehicle business reported a loss in the fourth quarter despite expanding its battery swapping station network. CEO Shantanu Lath recently exercised 70,000 ESOPs, increasing his stake, and a promoter group member, Anuradha Ravindra Kulkarni, made a market purchase of shares. Meanwhile, Khandepar Investments, another promoter entity, sold a significant stake and revoked a pledge on shares following the repayment of a loan.