Ravindra Energy Limited — Pledging, 04-07-2025: Pledge/Unpledge

Promoter group of Ravindra Energy Limited, including Mr. Narendra Murkumbi and Khandepar Investments Pvt. Ltd., has recently created multiple pledges on shares totaling 2.05 Cr shares (about 19.65% of promoter shareholding). These pledges were made between December 2024 and June 2025, involving loans used primarily for solar project subsidiaries and business activities. Key pledges include 70 lakh shares by Mr. Murkumbi and 55 lakh shares by Khandepar Investments Pvt. Ltd., with loan amounts aggregating around Rs. 166 Cr. Investors should note increased encumbrance on promoter holdings that may impact share liquidity.