Ravindra Energy Limited — Others, 02-07-2025: Disclosure under SEBI Takeover Regulations

Ravindra Energy Limited’s promoters have transferred a total of 8.5 lakh equity shares (0.48% of equity) as gifts to immediate relatives within the promoter group. The shares were distributed among four individuals: Mr. Aalok Wadhwa and Mr. Abhay Wadhwa each received 2.5 lakh shares, Mr. Dhruv Rojekar received 2.5 lakh shares, and Mrs. Anuradha R Kulkarni received 1 lakh shares. This intra-family transfer did not involve any purchase price and slightly reduced shareholding stakes of the original promoters. This reshuffle maintains promoter control while adjusting shareholding among close relatives.