StockWatch
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Power Generation
Rights Issue24 Jun 2026, 08:10 pm

Ravindra Energy Rights Issue Closes

AI Summary

Ravindra Energy Limited has announced the closure of its Rights Issue. The issue, which aimed to raise up to ₹2,050 million through the issuance of equity shares at ₹101 each, opened on June 16, 2026, and concluded on June 24, 2026. This corporate action follows board approvals and record date intimations previously filed.

Key Highlights

  • Rights Issue of Ravindra Energy Limited has officially closed.
  • The issue aimed to raise up to ₹2,050 million.
  • Equity shares were offered at ₹101 each.
  • The issue was open from June 16 to June 24, 2026.