Ravindra Energy Secures ₹100 Cr Term Loan from Tata Capital

Ravindra Energy Ltd has executed a loan agreement with Tata Capital Limited for a Rupee Term Loan facility of Rs 100 crore. This facility will be utilized for infusion as unsecured loans into Energy In Motion Limited, a jointly controlled company, or its subsidiaries. The loan agreement, executed on November 5, 2026, carries an interest rate of 12.75% per annum, payable monthly. Security for the loan includes a first pari passu charge on movable and current assets, cash flows from project SPVs, and an exclusive charge on the unsecured loan infused into Energy In Motion Limited. Additionally, it is secured by personal guarantees from promoter Narendra Murkumbi and corporate guarantee from Khandepar Investments Private Limited, along with a pledge of promoter's shareholding in Ravindra Energy Ltd. Tata Capital reserves the right to appoint a nominee director on the board in case of default.