Ravindra Energy promoter releases 55 lakh shares
Khandepar Investments Private Limited released the pledge on 55,00,000 equity shares of Ravindra Energy Limited on June 3, 2026, following the repayment of a borrowing facility. Consequently, the promoter's encumbered holding has reduced to Nil, while its total shareholding of 5,77,08,844 shares remains unchanged. The disclosure was made to the exchanges under Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.
*this image is generated using AI for illustrative purposes only.
Khandepar Investments Private Limited, a promoter of Ravindra Energy Limited , released the pledge on 55,00,000 equity shares on June 3, 2026. This action was taken following the full repayment of a borrowing facility availed by the promoter. The release of encumbrance reduces the promoter's pledged stake, potentially altering the risk profile associated with its shareholding.
The disclosure was submitted to BSE Limited and the National Stock Exchange of India Limited under Regulation 7(2) of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. The filing confirms that the pledge was revoked due to the repayment of the loan, making the reason for the encumbrance no longer applicable.
Prior to this release, Khandepar Investments Private Limited held a total of 5,77,08,844 shares, representing 32.29% of the total share capital. Of this, 55,00,000 shares, or 3.08% of the capital, were encumbered. Following the revocation and release of the pledge, the entity's encumbered holding stands at Nil, while its total shareholding remains unchanged at 5,77,08,844 shares.
The filing also details the shareholding status of other promoters and promoter group members as of the reporting date. Narendra Murkumbi holds 4,15,34,310 shares (23.24%), while Vidya Murkumbi holds 4,03,000 shares (0.23%). Other promoter group members, including Supriya Shailesh Rojekar, Apoorva Narendra Murkumbi, and Inika Narendra Murkumbi, hold varying stakes, though none of these holdings were subject to the reported encumbrance event.
| Promoter / PAC | Total Holding | % of Share Capital | Encumbered Shares | % of Capital Encumbered | Post-Event Encumbered Holding |
|---|---|---|---|---|---|
| Khandepar Investments Private Limited | 5,77,08,844 | 32.29% | 55,00,000 | 3.08% | Nil |
| Narendra Murkumbi | 4,15,34,310 | 23.24% | Nil | Nil | Nil |
| Vidya Murkumbi | 4,03,000 | 0.23% | Nil | Nil | Nil |
| Apoorva Narendra Murkumbi | 1,00,00,000 | 5.60% | Nil | Nil | Nil |
The document was signed by Madhukar R Shipurkar, Company Secretary & Compliance Officer of Ravindra Energy Limited, in Belgaum on June 3, 2026. The total share capital figures used in the disclosure are based on the latest filing made by Ravindra Energy Limited to the stock exchanges under Clause 35 of the Listing Agreement.
Historical Stock Returns for Ravindra Energy
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -7.79% | +2.78% | -7.39% | -14.69% | -15.98% | +48.29% |
Will the reduction in pledged shares lead to a re-rating of Ravindra Energy Limited's stock by institutional investors?
Does the full repayment of the borrowing facility indicate improved free cash flow generation for the promoter group?
Are there plans for the promoter to utilize the now-unencumbered shares for future fundraising or collateral requirements?
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