Ravindra Energy's Independent Director Robert Taylor Resigns, Citing Professional Commitments

Ravindra Energy Limited (ISIN: INE206N01018) announced a significant change in its board composition as Independent Director Robert Taylor (DIN: 00010681) submitted his resignation, effective November 27, 2025. The company disclosed this information in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Reasons for Resignation

Mr. Taylor cited several reasons for his departure:

Increased professional commitments
Time constraints
Timezone differences affecting his ability to attend board meetings

These factors, according to Taylor, were limiting his ability to effectively discharge his responsibilities and duties as an Independent Director.

Impact on Board Composition

The resignation of Robert Taylor will impact Ravindra Energy's board structure and governance. As an Independent Director, Taylor played a crucial role in providing objective oversight and contributing to the company's strategic decisions.

Additional Details

Aspect	Information
Date of Cessation	Close of business hours on November 27, 2025
Other Directorships	Mr. Taylor does not hold directorships in any other listed entities
Confirmation	Taylor confirmed no other material reasons for his resignation beyond those stated

Company's Response

Ravindra Energy Limited acknowledged receipt of Mr. Taylor's resignation letter and has initiated the necessary steps to notify the Stock Exchanges and complete all statutory formalities as required by regulations.

The company expressed appreciation for Mr. Taylor's contributions during his tenure and wished him well in his future endeavors.

Implications for Investors

While the departure of an Independent Director is a significant event, it's important for investors to note that such changes in board composition are not uncommon in the corporate world. The company's ability to attract and appoint a suitable replacement will be crucial in maintaining strong corporate governance practices.

Shareholders and potential investors should keep an eye on future announcements regarding the appointment of a new Independent Director and any potential changes in the company's governance structure or policies that may result from this transition.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.01%	-4.38%	-6.21%	-2.45%	+6.12%	+74.44%

Ravindra Energy Limited has announced a significant business update, highlighting substantial progress in its renewable energy and electric vehicle (EV) operations. The company has demonstrated robust growth across multiple segments, with notable achievements in solar power generation and EV infrastructure development.

Renewable Energy Expansion

Ravindra Energy has reported an operating capacity of 187.3 MW in its renewable energy segment. The company has commissioned 100 MW AC/135 MW DC under the Mukhyamantri Saurya Krishi Vahini Yojana (MSKVY) Phase 1, along with 11 MW of open access projects in the Akhadabalapur solar park.

The company's growth trajectory in the renewable sector is further evidenced by its ongoing and future projects:

Under construction: 45 MW AC/58 MW DC, with a targeted completion by March 2026
MSKVY Phase 2: 44 MW AC/57 MW DC, with work commenced at 7 out of 15 sites
Under development: 182 MW AC/227 MW DC, including projects from MSEDCL and HESCOM

Electric Vehicle Business Progress

Ravindra Energy's foray into the electric vehicle segment has shown promising results:

Commissioned two swap stations: one in JNPA Port (Navi Mumbai) and another in NCR (NH-44-Sonepat)
Sold 91 e-tractors to date, with a total order book of 185 e-tractors
Secured a contract from India's largest cement company for transporting 50,000 MT per month, expecting to deploy 45 e-tractors

Financial Performance

The company's financial results for H1 FY2025-26 reflect its growth:

Particulars	Amount (in crore)
Total Revenue from Operations	143.55
Profit After Tax	38.65
Net Worth	393.80
Total External Borrowings	388.67

The EV business segment generated revenue of Rs 44.7 crore with a gross margin of Rs 3.9 crore, although it reported a loss of Rs 1.7 crore for the period.

Corporate Governance

Ravindra Energy has appointed Mr. Apurva Chandra as an Additional Director in the capacity of Non-Executive, Independent Director for a term of five years, subject to shareholder approval. Mr. Chandra, a senior Indian Administrative Service officer, brings over 36 years of experience in public administration, policy formulation, and industrial development to the board.

Ravindra Energy's strategic investments in renewable energy and electric vehicle segments, coupled with its financial performance, position the company for future growth in the sustainable energy sector. The company's focus on expanding its solar power generation capacity and developing EV infrastructure aligns with the growing demand for clean energy solutions in India.