Ravindra Energy Limited — Others, 20-06-2025: Shareholders meeting

Ravindra Energy Limited has announced a board meeting on the financial results for the quarter and half-year. The company held an Extraordinary General Meeting through video conferencing, where members approved two key resolutions. First, shareholders authorized the company to provide loans, guarantees, or securities up to INR 300 Cr for its subsidiaries or related entities to support principal business activities. Second, approval was granted for material related party transactions with its associate, Energy In Motion Private Limited (49.5% owned), allowing financial assistance up to INR 300 Cr on an arm’s length basis. Both resolutions passed with overwhelming majority support from shareholders.