Ravindra Energy (RELTD) — Announcement

📢 Key Event
Strategic MoU signed for 500 electric heavy commercial vehicle deployment

🔮 What's Next
Immediate deployment will start with 50 vehicles on the Mumbai-Pune corridor in October 2026

💡 Investor Takeaway
This partnership accelerates India's electric freight transition and positions Ravindra Energy for growth in sustainable logistics infrastructure.

Ravindra Energy Limited announced that its associate Energy In Motion Limited signed a strategic MoU with Oil Field Warehouse & Services Limited and Radiance Green Mobility Private Limited to deploy 500 electric heavy commercial vehicles across key Indian freight corridors, starting with 50 vehicles on the Mumbai-Pune route in October 2026.

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About Ravindra Energy Ltd (RELTD)

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

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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