Ravindra Energy Limited announced a significant milestone in sustainable mobility through its associate entity Energy in Motion Limited (EIM), which has commenced commercial operations at India's largest battery swapping and charging station for heavy vehicles. The facility is strategically located at the Nhava Sheva Freeport Container Terminal within Jawaharlal Nehru Port, Nhava Sheva. The development was formally communicated to stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Facility Specifications and Capacity

The state-of-the-art automated station represents a major advancement in zero-emission logistics infrastructure. Built to address the growing demand for sustainable transportation solutions, the facility demonstrates impressive operational capabilities.

Strategic Partnership and Operations

The deployment strengthens India's clean logistics ecosystem while showcasing EIM's commitment to innovation-led EV infrastructure development. The facility ensures seamless operations and reduced downtime for heavy electric vehicles operating at the port. Over 130+ EIM-Foton make EVs already operational at the port have begun availing the service.

Narendra Murkumbi, Managing Director of Energy In Motion Limited, emphasized the transformative nature of this partnership: "We are proud to partner with Nhava Sheva Freeport Container Terminal (NSFT) in creating a transformative EV ecosystem that drives efficiency and sustainability."

Future Expansion Plans

The partnership includes ambitious electrification goals for the port's vehicle operations. NSFT, described as a joint venture of CMA Terminal Holdings, France and J M Baxi group, is positioned as a leader in green energy transition in the ports sector in India.

Market Impact

The commercial launch of this facility marks a significant step forward in India's sustainable transportation infrastructure. With over 130+ EIM-Foton electric vehicles already operational at the port utilizing the service, the station demonstrates practical implementation of large-scale EV infrastructure for heavy commercial vehicles. The automated nature of the facility and its substantial power capacity position it as a model for future EV infrastructure development across India's major ports and logistics hubs.

Ravindra Energy Limited has submitted a disclosure to BSE Limited and National Stock Exchange of India Limited regarding the acquisition of equity shares by its Whole-Time Director & Chief Executive Officer, Mr. Shantanu Lath, through the exercise of Employee Stock Option Plans (ESOPs). The disclosure, dated May 2, 2026, was made in compliance with Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015.

Transaction Details

The acquisition involved 70,000 equity shares with a face value of Rs. 10 each, exercised at a price of Rs. 100 per share. The total value of the transaction amounted to Rs. 70,00,000. The shares were allotted on April 29, 2026, under the Ravindra Energy Employee Stock Option Plan, 2022.

Shareholding Pattern

Prior to this acquisition, Shantanu Lath held 50,000 equity shares, representing 0.03% of the company's share capital. Following the ESOP exercise, his total shareholding has increased to 1,20,000 equity shares, which now represents 0.07% of the company.

Regulatory Compliance

The disclosure was formally submitted by Madhukar R Shipurkar, Company Secretary & Compliance Officer of Ravindra Energy Limited, to both BSE Limited (Scrip Code: 504341) and National Stock Exchange of India Limited (Scrip Code: RELTD). The company's ISIN is INE206N01018. As the acquisition was made through ESOPs, no exchange trading was involved in this transaction.