News Corporate Actions Ravindra Energy Limited Allots 70,000 Equity Shares Under Employee Stock Option Plan 2022Ravindra Energy Limited Allots 70,000 Equity Shares Under Employee Stock Option Plan 2022
Ravindra Energy Limited allotted 70,000 equity shares under Employee Stock Option Plan 2022 at Rs. 100/- per share on March 6, 2026. The allotment increased the company's paid-up equity share capital to Rs. 178,62,44,630 comprising 17,86,24,463 shares. The newly issued shares rank pari passu with existing equity shares and carry no lock-in restrictions, with trading available on BSE and NSE.
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Ravindra Energy Limited has completed the allotment of 70,000 equity shares under its Employee Stock Option Plan 2022, following approval from the Securities Allotment Committee based on recommendations from the Nomination & Remuneration Committee through a circular resolution on March 6, 2026.
Share Allotment Details
The allotment comprises equity shares with specific financial parameters that impact the company's capital structure:
| Parameter | Details |
|---|---|
| Number of Shares | 70,000 equity shares |
| Face Value | Rs. 10/- each |
| Exercise Price | Rs. 100/- per share |
| Premium per Share | Rs. 90/- per share |
| Total Amount | Rs. 70,00,000/- |
| Allotment Date | March 6, 2026 |
Impact on Share Capital
Following the allotment, Ravindra Energy's capital structure has been updated with the following changes:
| Capital Type | Amount |
|---|---|
| Paid-up Equity Share Capital | Rs. 178,62,44,630 |
| Number of Paid-up Shares | 17,86,24,463 equity shares |
| Issued Share Capital | Rs. 181,12,44,630 |
| Number of Issued Shares | 18,11,24,463 equity shares |
The difference between issued and paid-up shares results from the forfeiture of 25,00,000 partly paid equity shares of face value Rs. 10/- each, which were paid up to the extent of Re. 1/- each.
Share Characteristics and Trading
The newly allotted equity shares carry specific features that align with existing shareholding structure:
- Ranking: The shares rank pari passu with existing equity shares
- ISIN Number: INE206N01018
- Distinctive Numbers: 17,85,54,464 to 17,86,24,463 (both inclusive)
- Lock-in Period: No lock-in restrictions apply
- Form: Issued only in dematerialized form
Regulatory Compliance
The company has fulfilled all regulatory requirements under the Securities and Exchange Board of India regulations. The allotment follows the Ravindra Energy Employee Stock Option Scheme 2022, with in-principle approvals previously obtained from BSE (reference no: DCS/IPO/JP/ESOP-IP/3457/2023-24 dated December 24, 2024) and NSE (reference no: NSE/LIST/45148 dated December 24, 2024).
The company has confirmed that no additional listing fees are required as it has already paid listing fees for issued share capital up to Rs. 200 crore for the current fiscal year. The shares are listed on both BSE Limited and National Stock Exchange of India Limited.
Historical Stock Returns for Ravindra Energy
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.61% | -5.79% | -7.31% | -5.19% | +21.85% | +59.91% |
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