
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.
Price Impact
More from RELTD