Pledge27 March 2026 at 01:51 pm
Ravindra Energy Ltd: Khandepar Investments Private Limited Revokes Pledge of 60 Lakhs Equity Shares
AI Summary
Ravindra Energy Ltd. announced that Khandepar Investments Private Limited, a promoter of the company, has revoked/released the pledge on 60,00,000 equity shares due to the repayment of a borrowing facility. This decision was made in accordance with the provisions under Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The securities held by Khandepar Investments Private Limited prior to the acquisition/disposal were 6,18,70,666 equity shares, which now stands at 6,18,70,666 equity shares post-acquisition/disposal.
Key Highlights
- Ravindra Energy Ltd. promoter Khandepar Investments Private Limited revokes pledge on 60,00,000 equity shares.
- Revocation due to repayment of borrowing facility by Khandepar Investments Private Limited.
- Securities held by Khandepar Investments Private Limited prior to acquisition/disposal were 6,18,70,666 equity shares.
- Securities held by Khandepar Investments Private Limited post-acquisition/disposal are also 6,18,70,666 equity shares.
- Transaction in accordance with Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.
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