Shareholding7 Nov 2026, 11:00 am
Ravindra Energy: Promoters Pledge Shares for Loan Security
AI Summary
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 encumbrance, totaling 2.04% of the company's share capital, is to serve as security for a loan obtained by Ravindra Energy Limited from TATA Capital Limited. The pledge was created on November 4, 2026, with specific amounts pledged by each promoter for existing and additional credit facilities.
Key Highlights
- Promoters pledged 40,52,700 equity shares (2.04% of total).
- Pledge is for security against a loan from TATA Capital Limited.
- Mr. Narendra Madhusudan Murkumbi pledged 18,47,300 shares.
- Khandepar Investments Private Limited pledged 22,05,400 shares.
- Loan is for Ravindra Energy Limited's operational needs.
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