Ravindra Energy (RELTD) — Corporate Action

Ravindra Energy Limited announced a rights issue investment of approximately ₹150 crores in Energy In Motion Limited (EIM), its associate entity, acquiring 45,67,463 equity shares at ₹328.41 per share to increase its stake from 49.50% to 49.54%. The transaction is a related party acquisition approved by shareholders via postal ballot on January 5, 2026, and is disclosed as arm’s length.

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About Ravindra Energy Limited (RELTD)

Capital Goods · Capital Goods - Electrical Equipment · Listed on NSE

Market Cap: ₹3,164.88 Cr P/E: 48.5 ROE: 23.1% ROCE: 23.0%

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

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