Ravindra Energy Limited — Important, 11-06-2025: Sale or disposal

Ravindra Energy Limited has sold its entire 79% stake in Hirehalli Solar Power Project LLP, a non-material subsidiary, for Rs. 10.25 Cr by resigning from the LLP. The LLP contributed Rs. 3.11 Cr (1.24%) to consolidated turnover and Rs. 8.48 Cr (2.5%) to net worth last year. The new stakeholders are four independent business individuals outside the promoter group. This move removes the LLP from Ravindra’s consolidation, streamlining its asset base.