Power Generation
Pledge28 March 2026 at 07:31 am

Ravindra Energy Ltd: Khandepar Investments Pvt Ltd Revokes Pledge on 60,00,000 Shares

AI Summary

Ravindra Energy Limited has received a disclosure from Khandepar Investments Pvt Ltd, a promoter of the company, regarding the revocation of a pledge on 60,00,000 equity shares. The shares were pledged with JM Financial Products Limited as a security for a loan. The loan has been repaid, leading to the release of the shares. This disclosure was made pursuant to Regulation 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Key Highlights

  • Khandepar Investments Pvt Ltd revokes pledge on 60,00,000 shares of Ravindra Energy Ltd.
  • Shares were pledged with JM Financial Products Limited as a security for a loan.
  • The loan has been repaid, leading to the release of the shares.
  • This disclosure was made pursuant to Regulation 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.