Ravindra Energy promoters pledge 21.7 lakh shares to Tata Capital
- Ravindra Energy promoters pledged 21.7 lakh shares to Tata Capital
- Khandepar Investments Pvt Ltd pledged 18.7 lakh shares valued at ₹31.1 crore
- Total promoter pledge stands at 14.56% of total paid-up share capital
- Disclosure made under SEBI SAST and PIT regulations on August 20, 2026
*this image is generated using AI for illustrative purposes only.
Promoters of Ravindra Energy Limited created a pledge on 21,70,800 equity shares in favor of Tata Capital Limited on August 20, 2026. The encumbrance serves as security for loans obtained by the company.
The disclosure was made under Regulation 31(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. Managing Director Narendra Madhusudan Murkumbi and Khandepar Investments Private Limited (KIPL) are the promoters involved in the transaction.
Pledge Details
Mr. Narendra Madhusudan Murkumbi pledged 3,00,000 equity shares. Khandepar Investments Private Limited pledged 18,70,800 equity shares valued at ₹31,18,81,068. Both entities hold these shares in Ravindra Energy Limited.
| Promoter | Shares Pledged | % of Total Share Capital | Beneficiary |
|---|---|---|---|
| Narendra Madhusudan Murkumbi | 3,00,000 | 0.15% | Tata Capital Limited |
| Khandepar Investments Pvt Ltd | 18,70,800 | 0.94% | Tata Capital Limited |
Post-Event Encumbrance Status
Following this event, Mr. Murkumbi’s total encumbered holding stands at 98,00,000 shares, representing 4.93% of the total share capital. KIPL’s total encumbered holding rises to 1,91,11,300 shares, or 9.62% of the total share capital.
KIPL holds a total of 6,05,35,860 equity shares, constituting 30.49% of the company's paid-up capital. The pledge creation does not alter the total number of securities held by the promoter group.
What the Numbers Show
The total promoter shareholding in Ravindra Energy Limited is 10,27,95,724 equity shares, constituting 51.78% of the paid-up share capital. As of the reporting date, 28.13% of the promoter shareholding is encumbered. This equates to 14.56% of the total paid-up share capital being under pledge. The disclosure confirms that encumbered shares do not exceed 50% of promoter holdings or 20% of total share capital.
Historical Stock Returns for Ravindra Energy
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.26% | +0.31% | -10.90% | +15.57% | -16.03% | +76.63% |
How might the increased pledge of 14.56% of total share capital impact Ravindra Energy Limited's stock liquidity and investor sentiment in the near term?
What specific strategic initiatives or debt obligations is Ravindra Energy Limited likely funding with the loans secured by these pledged shares?
Could the rising encumbrance ratio of 28.13% among promoters trigger any regulatory scrutiny or covenant breaches under existing loan agreements?
19
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
