RattanIndia Power Limited has scheduled its 19th Annual General Meeting for September 24, 2026. The company will conduct the event through Video Conferencing or Other Audio-Visual Means in compliance with regulatory guidelines.

The Board of Directors approved the dates during a meeting held on August 26, 2026. The session commenced at 3:45 pm and concluded at 4:00 pm. Shareholders will receive the notice and annual report for FY26 via email if registered with depositories.

Book Closure and Voting Details

The register of members and share transfer books will remain closed from September 18, 2026, to September 24, 2026. This period determines eligibility for the AGM. The cut-off date for ascertaining e-voting rights is September 17, 2026.

Remote e-voting will be available from September 21, 2026, at 10:00 am to September 23, 2026, at 5:00 pm. Members participating via VC/OAVM who have not voted remotely may cast their votes during the meeting.

Regulatory Compliance

The intimation was issued under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company cited Section 91 of the Companies Act, 2013, regarding book closure and Section 108 regarding e-voting facilities.

RattanIndia Power Limited has released 20,97,59,831 equity shares from a Non Disposal Undertaking (NDU), effectively removing encumbrances on 88.65% of its promoters' shareholding. The release pertains to shares previously pledged as security for a ₹550 crore working capital facility availed from Kotak Mahindra Bank Limited. With this development, the promoters' total holding of 23,66,10,360 equity shares, representing 44.06% of the company's equity share capital, is now free from all encumbrances. This clearance restores full disposal rights to the promoters and signals a reduction in leverage-related constraints on the controlling shareholders.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The shares were originally placed under the NDU by the promoters in favour of Vistra ITCL (India) Limited, acting as the Security Trustee for the benefit of Kotak Mahindra Bank Limited. The removal of the restriction indicates that the security structure for the working capital facility has been altered or satisfied. RattanIndia Power Limited informed both BSE Limited and National Stock Exchange of India Limited of the development on July 27, 2026.

Shareholding Structure Post-Release

The following table details the key shareholding metrics following the release of the Non Disposal Undertaking:

What the Numbers Show

The release of 88.65% of the promoters' pledged shares indicates a significant reduction in leverage-related constraints on the controlling shareholders. By clearing the encumbrance on nearly 21 crore shares, the promoters have restored liquidity to the bulk of their investment. This move reflects a change in the security structure underpinning the ₹550 crore working capital facility, with Kotak Mahindra Bank Limited no longer requiring the NDU restriction on the majority of the promoter stake. The complete unencumbered status of the 44.06% holding enhances the flexibility of the promoters regarding their equity position in the company.