Ravindra Energy is set to convene a meeting on May 23, 2026, to finalize the terms for an upcoming Rights Issue. Key decisions include determining the record date, issuance period, and other relevant aspects of the Rights Issue.
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Ravindra Energy is planning a rights issue worth ₹2,050 million at ₹101 per share to boost its funds. Shareholders will receive nine new shares for every ten held (1:9 ratio). The company's potential merger with Energy In Motion is currently under consideration.
Ravindra Energy is planning to discuss a potential rights issue at their upcoming board meeting on May 16, 2026. As per SEBI regulations, the trading window for the company has been closed since May 13, 2026; details about this development can be found on their official website.
Ravindra Energy's partner has launched India's first large-scale electric vehicle (EV) battery swap station at Nhava Sheva Freeport, aiming to boost EV logistics efficiency and minimize downtime for heavy EV fleets.
Ravindra Energy's director purchased 1.2 lakh shares worth ₹100 each on May 2, 2026, amounting to 0.07% of the company's total holdings, as per SEBI insider trading disclosure rules. This move indicates a personal investment and potential confidence in the company's future prospects.
Despite a significant 31% decrease in quarterly sales for Ravindra Energy, the company managed to boost its net profit by 53%, reaching INR 16 crore and an EPS of INR 0.90.
Ravindra Energy will present their fiscal year 2026 financial results on April 29, 2026. The trading window is currently closed from April 1st and will reopen 48 hours after the results are announced.
The promoter of Ravindra Energy Ltd, Khandepar Investments, has sold approximately 18.7 lakh shares worth ₹24.5 crore, reducing their stake in the company to 33.5%. Details about this insider transaction can be found on the company's official website as per SEBI Regulation 7(2).