Ravindra energy Limited has disclosed a share acquisition by a promoter group member in compliance with SEBI regulations. The transaction represents a strategic increase in promoter group holding through market purchase.
Transaction Details
Annuradha Ravindra Kulkarni, identified as a member of the promoter group, executed a market purchase of equity shares on March 30, 2026. The transaction was completed through both BSE Limited and National Stock Exchange of India Limited.
Parameter Details Shares Purchased 15,000 equity shares Transaction Value ₹18.53 lakh Transaction Date March 30, 2026 Mode of Acquisition Market purchase Exchanges Used BSE Limited and NSE
Shareholding Pattern Changes
The acquisition has resulted in an increase in Kulkarni's total shareholding in the company. Her equity holding has grown from the previous position while maintaining the same percentage stake.
Holding Status Number of Shares Percentage Prior to Transaction 1,00,000 equity shares 0.06% Post Transaction 1,15,000 equity shares 0.06% Net Increase 15,000 equity shares -
Regulatory Compliance
The disclosure was made under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015. Company Secretary and Compliance Officer Madhukar R Shipurkar submitted the required documentation to both stock exchanges on March 31, 2026.
The transaction value excludes taxes, brokerage, and other charges as per regulatory disclosure norms. Kulkarni, based in the United Kingdom, completed the intimation to the company on March 30, 2026, the same date as the transaction execution.
Corporate Information
Ravindra Energy Limited, with scrip codes 504341 on BSE and RELTD on NSE, maintains its commitment to transparent disclosure practices. The company has made the information available on its official website at ravindraenergy.com in addition to the stock exchange filings.
Ravindra Energy Limited has announced the revocation of pledge on 60,00,000 equity shares held by its promoter entity, marking a significant corporate development. The pledge release was executed on March 27, 2026, following the complete repayment of borrowing facilities by the promoter to JM Financial Products Limited.
Pledge Revocation Details
Khandepar Investments Private Limited (KIPL), a promoter of Ravindra Energy Limited, has successfully revoked the pledge created on 60,00,000 equity shares. The pledge release was facilitated by the complete repayment of the borrowing facility that KIPL had previously availed from JM Financial Products Limited as the lender.
Parameter: Details Pledged Shares: 60,00,000 (Sixty Lakhs Only) Transaction Date: March 27, 2026 Transaction Type: Revocation/Release of Pledge Promoter Entity: Khandepar Investments Private Limited Lender: JM Financial Products Limited Percentage Released: 3.36% of total share capital
Shareholding Position
Following the pledge revocation, KIPL's shareholding position in Ravindra Energy Limited remains unchanged at 6,18,70,666 equity shares, representing 34.64% of the total share capital. However, the encumbered shareholding has been reduced from 1,15,00,000 shares (6.44%) to 55,00,000 shares (3.08%).
Shareholding Details: Before Transaction After Transaction Total Shares Held: 6,18,70,666 6,18,70,666 Percentage Holding: 34.64% 34.64% Encumbered Shares: 1,15,00,000 55,00,000 Encumbered Percentage: 6.44% 3.08%
Regulatory Compliance
The disclosure was made in strict accordance with SEBI regulations, specifically under Regulation 31(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company has fulfilled its obligation of continual disclosure as mandated by the securities regulator.
Key compliance aspects include:
Timely disclosure to both BSE Limited (Scrip Code: 504341) and National Stock Exchange of India Limited (Scrip Code: RELTD)
Proper documentation through prescribed format under SEBI regulations
Digital signature authentication by authorized personnel
Adherence to regulatory timeline requirements
Corporate Communication
The disclosure was digitally signed by Narendra Madhusudan Murkumbi, Director (DIN: 00009164), on behalf of Khandepar Investments Private Limited. The document was executed in Mumbai on March 27, 2026, with proper digital authentication protocols.
This pledge revocation represents a positive development, indicating the promoter's financial strength and commitment to reducing leverage while maintaining their significant stake in the company. The transaction demonstrates improved financial position and reduced encumbrance on promoter holdings.
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