StockWatch
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Power Generation
Shareholding12 Jun 2026, 10:32 am

Ravindra Energy: Promoter Pledges 70 Lakh Shares

AI Summary

Khandepar Investments Pvt Ltd, a promoter of Ravindra Energy Ltd, has disclosed the creation of a pledge on 70,00,000 equity shares, representing 3.92% of the company's total paid-up share capital. This pledge was made on June 9, 2026, with Catalyst Trusteeship Limited as the trustee, serving as collateral for a loan obtained by the company. The disclosure was made on June 11, 2026, in compliance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. This action impacts the promoter's shareholding and could be a point of concern for investors regarding potential risks associated with pledged shares.

Key Highlights

  • Promoter Khandepar Investments pledged 70 lakh shares.
  • Pledge created as collateral for a company loan.
  • Disclosure made under SEBI Takeover Regulations.
  • Impacts 3.92% of total paid-up share capital.
  • Catalyst Trusteeship Limited is the trustee.