Ravindra Energy Allots 1.98 Cr Shares on Rights Basis

Ravindra Energy Ltd has announced the allotment of 1,98,54,940 equity shares of face value Rs. 10 each at a premium of Rs. 91 per share, totaling Rs. 101 per share, on a rights basis. This allotment, approved by the Finance Committee, is in furtherance of previous intimations and in accordance with the letter of offer dated June 3, 2026. The total value of this rights issue allotment is Rs. 2005.35 million. Following the allotment, the company's issued share capital stands at Rs. 2,01,04,94,030 and its paid-up share capital is Rs. 1,98,54,94,030.