Ravindra Energy Limited (RELTD) — Corporate Action | 16 May 2026

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Ravindra Energy Limited announced a rights issue on May 16, 2026, offering equity shares at ₹101 per share to existing shareholders in a 1:9 ratio, targeting up to ₹2,050 million in aggregate proceeds. The filing confirms the issue price, entitlement ratio, and total fundraising amount, while noting the proposal remains subject to board and regulatory approvals.

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About Ravindra Energy Limited (RELTD)

Capital Goods · Electrical Equipment · Listed on NSE

Market Cap: ₹2,234.75 Cr P/E: 25.2

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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