StockWatch
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Power Generation
Shareholding7 Jul 2026, 10:43 am

Ravindra Energy Promoter Pledges 70 Lakh Shares

AI Summary

Khandepar Investments Private Limited, a promoter of Ravindra Energy Limited, has disclosed the creation of a pledge on 70,00,000 equity shares. These shares, representing 3.92% of the total share capital, were pledged as collateral security for a loan obtained by the company. The pledge was created on June 9, 2026, and the shares are held by Catalyst Trusteeship Limited as trustee for lenders including M7 Global Fund PCC- Aerion, Shreekant Varun Phumbhra (HUF), and Merlin Holdings Private Limited. This disclosure is made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Promoter Khandepar Investments pledged 70 lakh shares.
  • Pledge is for a company loan, secured by equity.
  • Disclosure made under SEBI Takeover Regulations.
  • Catalyst Trusteeship Limited acts as trustee.
  • Shares represent 3.92% of total share capital.