Latest news about Ravindra Energy
Ravindra Energy
135.44
-3.77(-2.71%)
Company Performance:
View Company Insights1D-2.71%
1M+2.37%
6M-12.36%
1Y+24.89%
5Y+56.78%
More news about Ravindra Energy
30Apr 26
Ravindra Energy Limited Announces Q4FY26 Business Update for Renewable Energy and Electric Vehicle Segments
Ravindra Energy Limited released its Q4FY26 business update covering renewable energy and electric vehicle segments for the period ended March 31, 2026. The renewable energy portfolio totals 486.3 MWp across 113 locations with 228.9 MWp operational, generating 194.1 million kWh annually. The EIM electric vehicle division delivered 311 units and achieved ₹1,805.9 million revenue, operating battery swap stations across multiple states with expansion plans for FY27.
29Apr 26
Ravindra Energy Reports FY26 Annual Results and Key Appointments
Ravindra Energy Limited announced completion of its Board meeting on April 29, 2026, where directors approved audited standalone and consolidated financial results for Q4FY26 and appointed M/s. P. G. Bhagwat LLP as Internal Auditors and M/s. A. G. Anikhindi & Co. as Cost Auditors for FY2026-27.
22Apr 26
Ravindra Energy Limited Schedules Board Meeting for April 29, 2026 to Approve FY26 Financial Results
Ravindra Energy Limited has scheduled a board meeting for April 29, 2026, to approve standalone and consolidated financial results for FY26 ended March 31, 2026. The company has closed its trading window from April 1, 2026, until 48 hours after results declaration, complying with SEBI insider trading regulations. The intimation was communicated to BSE and NSE on April 22, 2026, by Company Secretary Madhukar Shipurkar.
22Apr 26
Ravindra Energy Associate EIM Signs MoU with Drivn for 1,000 Electric Trucks
Ravindra Energy Limited's associate entity Energy in Motion Limited (EIM) has signed a memorandum of understanding with Drivn to deploy approximately 1,000 electric heavy-duty commercial trucks across India over the next two years. The partnership combines EIM's vehicle and energy capabilities with Drivn's leasing and operational model, featuring battery-swapping technology and comprehensive lifecycle support. Drivn recently secured US$ 80 million commitment from Nomura to support such electric mobility initiatives.
04Apr 26
Ravindra Energy Limited Submits SEBI Compliance Certificate for Quarter Ended March 31, 2026
Ravindra Energy Limited filed its quarterly compliance certificate under SEBI Regulation 74(5) for the quarter ended March 31, 2026, confirming proper dematerialization processes. The certificate, signed by Company Secretary Madhukar Shipurkar on April 04, 2026, was submitted to BSE and NSE. Registrar KFin Technologies Limited provided supporting certificates to NSDL and CDSL, confirming adherence to regulatory requirements for depository operations and timely processing of securities within the mandated 21-day timeframe.
01Apr 26
Ravindra Energy Promoter Khandepar Investments Sells 19.61 Lakh Shares Worth Rs. 244.69 Crore
Khandepar Investments Private Limited, promoter of Ravindra Energy Limited, sold 19,61,822 equity shares worth Rs. 24,46,90,343 through market transactions on BSE and NSE between March 27-30, 2026. The sale reduced the promoter's shareholding from 6,18,70,666 shares (34.64%) to 5,99,08,844 shares (33.54%). The transaction was disclosed under SEBI regulations on March 31, 2026.
01Apr 26
Ravindra Energy Promoter Group Member Increases Stake with ₹18.53 Lakh Share Purchase
Anuradha Ravindra Kulkarni, a promoter group member of Ravindra Energy Limited, purchased 15,000 equity shares worth ₹18.53 lakh on March 30, 2026, through market purchase on BSE and NSE. Her total holding increased from 1,00,000 to 1,15,000 equity shares while maintaining 0.06% shareholding percentage. The transaction was disclosed under SEBI regulations with proper compliance documentation submitted by the company.
28Mar 26
Ravindra Energy Limited Revokes Pledge on 60,00,000 Equity Shares by Promoter
Ravindra Energy Limited has announced the revocation of pledge on 60,00,000 equity shares by its promoter Khandepar Investments Private Limited, executed on March 27, 2026. The pledge release followed complete repayment of borrowing facilities to JM Financial Products Limited, reducing encumbered shareholding from 6.44% to 3.08% while maintaining the promoter's 34.64% total stake.
25Mar 26
Ravindra Energy Finance Committee Puts QIP on Hold Citing Market Volatility
Ravindra Energy's Finance Committee has officially postponed its proposed Qualified Institutional Placement (QIP) following a meeting on March 25, 2026. The decision was made after reviewing current market conditions and the prevailing economic environment, with the committee citing continued market volatility as the primary concern. The company will continue monitoring market conditions and re-evaluate the fund-raising timing when conditions become more opportune.
25Mar 26
Ravindra Energy's Associate EIM Partners with Transvolt for 66 Electric Heavy Vehicle Deployment
Energy In Motion Limited, an associate company of Ravindra Energy Limited, has partnered with Transvolt Mobility Private Limited for supplying 66 EIM-Foton 55-ton e-tractor "Ashwa" vehicles. The battery-swappable electric heavy vehicles will be deployed at Kandla Port-Gujarat and Jawaharlal Nehru Port-Nava Sheva Mumbai for intra-port containerized goods movement. EIM will complete vehicle supply in March and April 2026, with the deployment expected to reduce CO2 emissions by approximately 3300 tons annually, supporting the goal of 100% zero emission transport at port terminals.
13Mar 26
Ravindra Energy Extends Corporate Guarantee to ₹296 Crore for Associate Entity's Banking Facilities
Ravindra Energy Limited has extended its corporate guarantee from ₹135 crore to ₹296 crore for associate entity Energy In Motion Limited's banking facilities with YES Bank. The guarantee covers various credit facilities worth ₹296 crore and hedge facilities of ₹32 crore. Ravindra Energy holds 49.50% stake in Energy In Motion Limited, which has a paid-up capital of ₹100.48 crore. The arrangement is structured on arm's length basis and aims to help the associate entity secure competitive credit terms for business expansion.
09Mar 26
Ravindra Energy CEO Acquires 50,000 Equity Shares Through ESOP Exercise Worth Rs. 50 Lakh
Ravindra Energy Limited's Whole-Time Director & CEO Shantanu Lath acquired 50,000 equity shares worth Rs. 50 lakh on March 06, 2026, through exercise of employee stock options under the company's 2022 ESOP plan. The shares were acquired at an exercise price of Rs. 100 each with a face value of Rs. 10, representing 0.03% shareholding. The disclosure was made in compliance with SEBI insider trading regulations.
06Mar 26
Ravindra 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.
25Jan 26
Ravindra Energy Limited Issues Correction on Swap Station Data and Provides Business Update
Ravindra Energy Limited corrected its business update to reflect accurate swap station data, showing 1 operating station in Q2 and 2 in Q3 FY26. The company operates 187 MW DC of renewable energy assets with 60 MW under construction and 235 MW in development pipeline. Its electric vehicle segment reported revenue of Rs 34.76 crore in Q3 FY26 with plans to add 8 more swap stations by March 2026, supported by Rs 296 crore credit facilities from YES Bank.
16Jan 26
Ravindra Energy Limited Announces Q3FY26 Business Update for Renewable Energy and Electric Vehicle Operations
Ravindra Energy Limited announced its Q3FY26 business update showing 187 MW DC operational renewable energy capacity generating income as per target, with 295 MW additional capacity under construction and development. The electric vehicle segment sold 55 units in Q3FY26 generating ₹34.76 crores revenue, while the company secured ₹296 crores financial assistance from YES Bank Limited. The company plans to commission 8 additional swap stations by March 2026 supporting a 275-vehicle sales pipeline.
15Jan 26
Ravindra Energy Limited Reports Strong Q3FY26 Results with 162% Revenue Growth
Ravindra Energy Limited reported exceptional Q3FY26 results with standalone revenue growing 162% YoY to ₹1,021.59 million and net profit surging 223% to ₹192.37 million. The solar segment drove growth contributing ₹996.41 million in revenue. Consolidated revenue increased 139% to ₹1,271.71 million with net profit of ₹146.39 million. The company has utilized ₹172.50 crores from its ₹180 crore preferential issue across renewable energy and electric vehicle business investments.
09Jan 26
Ravindra Energy Shares Surge 11% After Securing ₹225 Crore Solar Project Deal with HESCOM
Ravindra Energy Ltd shares surged 11% after securing 13 LoAs from HESCOM to develop 62 MW solar projects in Karnataka under BOO model with ₹225 crore investment. The company reported exceptional Q2 FY26 performance with revenue of ₹120 crore (up 650% YoY) and net profit of ₹31 crore (up 3,000% YoY). With a 25-year power purchase agreement at ₹2.95 per unit and current market cap of ₹2,577 crore, the stock has delivered 292% returns over five years, significantly outperforming NIFTY 50's 80% return.
09Jan 26
Ravindra Energy Limited Secures 13 Solar Project Awards from HESCOM Worth ₹225 Crores
Ravindra Energy Limited has been awarded 13 solar power projects by HESCOM with a total capacity of 62 MW and 25-year power purchase agreements. The projects are estimated to cost ₹225.00 crores, representing a significant expansion of the company's renewable energy portfolio in Karnataka and providing long-term revenue visibility through extended utility contracts.
09Jan 26
Ravindra Energy Limited Secures 62 MW Solar Power Projects Worth ₹225 Crores from HESCOM
Ravindra Energy Limited secured 13 Letter of Awards from HESCOM for 62 MW solar power projects worth ₹225 crores under Build Own & Operate model. The projects span 13 sub-stations in Karnataka with 25-year PPA at ₹2.95 per unit tariff and 12-month commissioning timeline. This domestic renewable energy contract strengthens the company's position in Karnataka's solar power sector with long-term revenue visibility.
07Jan 26
Ravindra Energy Postal Ballot Results: Shareholders Approve Independent Director Appointment
Ravindra Energy Limited successfully concluded its postal ballot process with shareholders approving three critical resolutions. The appointment of Mr. Apurva Chandra as Independent Director received exceptional 99.94% approval, while resolutions for loan guarantees and related party transactions with Energy in Motion Limited were approved with 99.31% majority each.
30Dec 25
Ravindra Energy Provides ₹135 Crore Corporate Guarantee to Associate Entity
Ravindra Energy Limited has provided a corporate guarantee of ₹135 crores to its associate entity Energy In Motion Limited for credit facilities sanctioned by YES Bank Limited. This follows the company's earlier postal ballot seeking shareholder approval to increase financial assistance limits to EIM from ₹300 crores to ₹1,300 crores, demonstrating REL's strategic commitment to the electric vehicle sector through its 49.50% stake in EIM.
02Dec 25
Ravindra Energy Limited Schedules Board Meeting for Governance Changes
Ravindra Energy Limited (REL) has scheduled a Board of Directors meeting for December 5, 2025, to address key corporate governance matters. The agenda includes reconstituting committees following the resignation of Independent Director Mr. Robert Taylor, and considering the appointment of Mr. Apurva Chandra as a new Independent Director through a postal ballot for shareholder approval. These changes signify important shifts in the company's governance structure.
27Nov 25
Ravindra Energy's Independent Director Robert Taylor Resigns, Citing Professional Commitments
Robert Taylor, Independent Director of Ravindra Energy Limited, has submitted his resignation effective November 27, 2025. Taylor cited increased professional commitments, time constraints, and timezone differences affecting his ability to attend board meetings as reasons for his departure. The resignation will impact the company's board structure and governance. Taylor held no directorships in other listed entities and confirmed no additional material reasons for his resignation.
06Nov 25
Ravindra Energy Reports Strong Growth in Renewable Energy and EV Segments
Ravindra Energy Limited announced significant progress in its renewable energy and electric vehicle (EV) operations. The company reported an operating capacity of 187.3 MW in renewable energy, with 100 MW AC/135 MW DC commissioned under MSKVY Phase 1. In the EV segment, Ravindra Energy has commissioned two swap stations, sold 91 e-tractors, and secured a contract for transporting 50,000 MT per month. Financial results for H1 FY2025-26 show total revenue from operations at Rs 143.55 crore and profit after tax at Rs 38.65 crore. The company also appointed Mr. Apurva Chandra as an Additional Director in a non-executive, independent capacity.
05Nov 25
Ravindra Energy Reallocates Funds in Rs. 180 Crore Preferential Issue
Ravindra Energy Limited has modified its fund allocation for a Rs. 180 crore preferential issue of equity shares. The company increased allocation for Renewable Energy from Rs. 90 crore to Rs. 95.50 crore, decreased Electric Vehicle allocation from Rs. 60 crore to Rs. 54.50 crore, while maintaining Rs. 30 crore for General Corporate Purpose. The Rs. 5.50 crore reallocation falls within the pre-approved 10% deviation limit. The company has utilized Rs. 171.99 crore of the raised Rs. 179.99 crore. Ravindra Energy also reported progress in its renewable energy sector, with 187.3 MW operating capacity and ongoing projects, and advancements in its Electric Vehicle business.
05Nov 25
Ravindra Energy Reports Q2 Profit Surge Despite Revenue Dip
Ravindra Energy Limited (REL) posted mixed Q2 FY2026 results with net profit rising 35.1% to ₹308.00 crore, despite a 26.4% revenue drop to ₹1,200.00 crore. EBITDA increased 33.3% to ₹372.00 crore, with EBITDA margin expanding to 30.95%. The company appointed Mr. Apurva Chandra as an Additional Director and approved the creation of subsidiaries for renewable energy projects. REL also modified fund allocation, increasing investment in Renewable Energy Business to ₹95.50 crore.
03Oct 25
Ravindra Energy Secures Financing for 120 MW Solar Projects in Maharashtra
Ravindra Energy Limited (REL) has been awarded two Letter of Awards (LOA) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for 120 MW(AC) decentralized feeder level solar projects. The projects, part of the 'Mukhyamantri Saur Krushi Vahini Yojana 2.0' scheme, will be spread across 23 sub-stations with a 25-year Power Purchase Agreement. REL has also secured financing for these projects, strengthening its position in Maharashtra's renewable energy sector.
21Sept 25
Ravindra Energy Targets 1 GW Renewable Capacity by 2028, Expands into EV Business
Ravindra Energy Limited (REL) has announced expansion plans for its renewable energy and electric vehicle businesses. In renewable energy, REL aims for a 1 GW operating portfolio by March 2028, currently having 158 MWp operational capacity. The company projects significant revenue growth, expecting Rs 801 crore revenue and Rs 128 crore EBITDA by FY27. In the EV sector, REL's subsidiary EIM has sold 125 e-tractors and plans a Rs 100 crore EV assembly plant in Pune. EIM targets sales of 1,000-1,500 e-tractors by FY27 and is developing battery technology and swap stations.
29Aug 25
Ravindra Energy's EIM Proposes ₹1,000 Crore Investment for Electric Truck Manufacturing in Maharashtra
Energy In Motion Private Limited (EIM), an associate of Ravindra Energy Limited, plans to sign an MoU with the Maharashtra government for a ₹1,000 crore electric truck and battery project in Pune. The venture includes manufacturing electric trucks, assembling batteries, and establishing a battery R&D centre. Ravindra Energy's board has also approved raising up to ₹500 crore through various means and plans to restructure its capital.
29Aug 25
Ravindra Energy Board Approves ₹500 Crore Fundraising Plan
Ravindra Energy's board has approved a plan to raise up to ₹500 crores through equity shares and convertible securities. This significant fundraising effort aims to strengthen the company's financial position and potentially support growth initiatives, debt reduction, working capital needs, or technology investments. The move signals a strong commitment to the company's future, although specific use of funds has not been disclosed.
09Aug 25
Bayer CropScience Reports Robust Q1 Performance with 17.4% Revenue Growth
Bayer CropScience Limited announced robust Q1 financial results, with total income from operations reaching ₹1,914.60 crores, a 17.4% year-on-year increase. Net profit after tax grew by 9.6% to ₹278.70 crores. The company's earnings per share stood at ₹62.01. These results reflect Bayer CropScience's strong market position and operational efficiency in India's agrochemical and biotechnology sector.
06Aug 25
Ravindra Energy Reports Minor Fund Allocation Changes in Rs 180 Crore Preferential Issue
Ravindra Energy Limited (REL) disclosed slight modifications in the allocation of funds raised through its Rs 180 crore preferential issue. The company has utilized Rs 169.98 crore out of the total funds. Renewable Energy segment saw an increase in allocation to Rs 93.48 crore, while the Electric Vehicle segment's allocation was reduced to Rs 56.52 crore. General Corporate Purposes remained at Rs 30 crore. These modifications fall within the 10% deviation limit pre-approved by shareholders. India Ratings and Research Private Limited has been appointed as the monitoring agency for fund utilization.
06Aug 25
Ravindra Energy Reports Robust Q1 Performance with 615% Surge in Net Profit
Ravindra Energy Limited reported a consolidated net profit of ₹228.00 million for Q1, up 307% year-over-year. Revenue increased by 615% to ₹1.63 billion. EBITDA grew to ₹279.00 million, but the EBITDA margin compressed to 17.14%. The sugar segment was the primary revenue driver. The company completed a preferential issue of equity shares, raising ₹1,800.00 million, and implemented an Employee Stock Option Scheme.
01Aug 25
Ravindra Energy's Associate Achieves Milestone with India's First Battery-Swappable 55-Ton Electric Tractor
Ravindra Energy Limited's associate, Energy in Motion Private Limited (EIM), has obtained CMVR Type Approval Certificate from ARAI for 'Ashwa', India's first 55-ton battery-swappable electric tractor. EIM completed its first commercial sale, marking its market entry. The Ashwa tractor complies with CMVR norms and offers a unique business model where tractors are sold without battery packs, while battery packs, charging infrastructure, and energy supply are provided through long-term contracts. This innovation aims to make electric heavy-duty vehicles more accessible and economically viable for transporters.
12Jun 25
Ravindra Energy Divests 79% Stake in Hirehalli Solar Power Project LLP for ₹10.25 Crore
Ravindra Energy Limited has divested its entire 79% stake in Hirehalli Solar Power Project LLP for ₹10.25 crore. This transaction results in Hirehalli Solar Power Project LLP no longer being a subsidiary of Ravindra Energy. The divestment marks a significant change in Ravindra Energy's portfolio and may indicate a strategic shift in the company's investment focus within the renewable energy sector.
27May 25
Ravindra Energy Reports Profit Surge and EV Venture in Q4
Ravindra Energy Ltd achieved a significant financial turnaround in Q4, posting a consolidated net profit of ₹129.00 crore compared to a loss of ₹634.00 crore in the previous year. Revenue surged to ₹1,600.00 crore from ₹301.00 crore year-over-year. The company's associate, Energy in Motion, has partnered with Beiqi Foton Motor Co. Ltd to launch electric heavy commercial vehicles in India, marking a strategic entry into the EV sector.
22Apr 25
Ravindra Energy's UAE Subsidiary Receives Final Closure Order
Ravindra Energy Limited's wholly-owned subsidiary, Renuka Energy Resource Holdings FZE (RERH) in UAE's Sharjah Airport International Free Zone, has been issued a final closure order by local authorities. The company disclosed this information in compliance with SEBI regulations, following up on an earlier announcement made on March 28, 2025. While specific reasons for closure weren't provided, this development could signal a shift in Ravindra Energy's international operations and may have financial implications for the parent company.
Industry Peers
Redington
MMTC
Elitecon International
MSTC
BN AgrochemRavindra Energy
Vintage Coffee & Beverages
TCC Concept
The Yamuna Syndicate
Creative Newtech
223.23
(+2.10%)
66.53
(+0.85%)
36.48
(-0.27%)
446.05
(+1.39%)
286.49
(+18.86%)
135.44
(-2.71%)
139.09
(+3.11%)
398.55
(+2.34%)
30,300.00
(0.0%)
615.55
(-1.16%)
Get More Market Insights with
we are part of Raise Financial Services
built with love
for indians who love to invest & trade
Market Community
Follow us on
