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Ravindra Energy informs about outcome of board meeting

18 Sep 2023 Evaluate

Pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Ravindra Energy has informed that the Securities Allotment Committee of the Board of Directors of the Company at its meeting held on Monday, the 18th day of September 2023 considered and accepted the application received from the Warrant Holders exercising the option of converting 1,68,00,000 Warrants of the face value of Rs 51.00 each into Equity Shares and consequently allotted 1,68,00,000 Equity Shares of the face value of Rs 10.00 each at a premium of Rs 41.00 per share (as per the terms of conversion of Warrants) ranking with the existing equity shares of the Company. Disclosure pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 is enclosed as Annexure I. The meeting of the commenced at 11:00 am and concluded at 11:25 am.

The above information is a part of company’s filings submitted to BSE.

Ravindra Energy Share Price

138.95 -0.30 (-0.22%)
17-Apr-2026 16:59 View Price Chart
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