Ravindra Energy: Promoters Pledge 40.52 Lakh Shares for Loans

Ravindra Energy Limited announced that its promoters, Mr. Narendra Madhusudan Murkumbi and Khandepar Investments Private Limited, have created a pledge on a total of 40,52,700 equity shares. This pledge, executed on November 4, 2026, serves as security for loans obtained by Ravindra Energy Limited from TATA Capital Limited. Mr. Murkumbi pledged 18,47,300 shares, while Khandepar Investments pledged 22,05,400 shares. The shares were pledged as collateral for borrowing facilities, with specific sanction letters from TATA Capital detailing the loan amounts and terms.