Ravindra energy Limited has disclosed a significant shareholding change by its senior management through the exercise of employee stock options. The company's Whole-Time Director & CEO Shantanu Lath acquired equity shares under the regulatory framework governing insider trading disclosures.

ESOP Exercise Details

The transaction involved the acquisition of 50,000 equity shares through the exercise of employee stock options granted under the Ravindra Energy Employee Stock Option Plan, 2022. The key parameters of this acquisition are presented below:

Executive Profile and Transaction Context

Shantanu Lath, holding DIN 07876175, serves as the Whole-Time Director & Chief Executive Officer of Ravindra Energy Limited. Prior to this transaction, he held no equity shares in the company. The acquisition represents his first shareholding in the company through the structured ESOP mechanism.

Regulatory Compliance Framework

The disclosure was made under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015, ensuring transparency in shareholding changes by key management personnel. The company filed the necessary forms with both BSE Limited and National Stock Exchange of India Limited on March 09, 2026.

Post-Transaction Shareholding Position

Following the ESOP exercise, Shantanu Lath now holds 50,000 equity shares, representing 0.03% of the company's total shareholding. This acquisition aligns the CEO's interests with shareholder value creation through equity participation.

Corporate Governance Disclosure

The transaction details have been made available on the company's official website at ravindraenergy.com, maintaining transparency standards. Company Secretary & Compliance Officer Madhukar R Shipurkar facilitated the regulatory filings and disclosures in accordance with SEBI guidelines.

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:

Impact on Share Capital

Following the allotment, Ravindra Energy's capital structure has been updated with the following changes:

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.