Ravindra Energy CEO, MD, chairman, board of directors and AGM
NSE: RELTDBSE: 504341Electrical EquipmentSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹134.45.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹2,583 Cr1,054th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Earlier quarters restated in the year
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
- Shares changed
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 14 Aug 2026
- 11.5%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 14 Aug 2026
- 1.17
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 2,08,93753.4% delivered
Ravindra Energy board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonVidya MurkumbiRelated to the promoter
- Chief executiveShantanu Lath
- Company Secretary and Compliance OfficerMADHUKAR RAJENDRA SHIPURKAR
8 directors4 independent2 executive2 non-executive
- Vidya Murkumbi · ChairpersonExecutive · joined Aug 2014 · reappointed Sep 2024 · 1 listed board · 2 committee seats
- Shantanu Lath · Chief executiveExecutive · joined Aug 2020 · reappointed Aug 2023 · 1 listed board
- Narendra MurkumbiNon-executive · joined Jun 2020 · 1 listed board
- Sidram KalutiNon-executive · joined Aug 2014 · 1 listed board · 1 committee seat
- Ramesh AbhishekIndependent · joined Nov 2022 · 43 months as independent · 3 listed boards · 3 as independent · 7 committee seats, 2 as chair
- Vinay NamjoshiIndependent · joined Jul 2024 · 23 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- Poonam LahotyIndependent · joined Jul 2024 · 23 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Apurva ChandraIndependent · joined Nov 2025 · 7 months as independent · 6 listed boards · 5 as independent · 3 committee seats
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
2 directors who left
- Robert Taylor, left 27 Nov 2025: Others
- Vishwanath Mathur, left 31 Dec 2024: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 27 May 20267 of 8 present3 independent · 10 days in between
- 16 May 20268 of 8 present4 independent · 16 days in between
- 29 Apr 20268 of 8 present4 independent · 103 days in between
- 15 Jan 20268 of 8 present4 independent
Audit Committee
Chair Ramesh Abhishek
Vidya Murkumbi, Vinay Namjoshi, Poonam Lahoty
- 29 Apr 20264 of 4 present3 independent · 36 days in between
- 23 Mar 20264 of 4 present3 independent · 66 days in between
- 15 Jan 20264 of 4 present3 independent
Nomination and remuneration committee
Chair Ramesh Abhishek
Poonam Lahoty, Apurva Chandra
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair Vinay Namjoshi
Sidram Kaluti, Vidya Murkumbi
- 9 Jun 20263 of 3 present1 independent · 14 days in between
- 25 May 20263 of 3 present1 independent · 13 days in between
- 11 May 20263 of 3 present1 independent · 13 days in between
- 27 Apr 20263 of 3 present1 independent · 13 days in between
8 earlier meetings
- 13 Apr 20263 of 3 present1 independent · 11 days in between
- 1 Apr 20263 of 3 present1 independent · 13 days in between
- 18 Mar 20262 of 3 present1 independent · 13 days in between
- 4 Mar 20262 of 3 present1 independent · 14 days in between
- 17 Feb 20262 of 3 present1 independent · 13 days in between
- 3 Feb 20262 of 3 present1 independent · 17 days in between
- 16 Jan 20262 of 3 present1 independent · 9 days in between
- 6 Jan 20262 of 3 present1 independent
Risk Management Committee
Chair Ramesh Abhishek
Sidram Kaluti, Vidya Murkumbi
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair Vidya Murkumbi
Sidram Kaluti, Poonam Lahoty
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- M/s P Ishwara Bhat & CoPeer-review certificate valid to Mar 2028
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Ravindra Energy AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Ravindra Energy share news and announcements
Annual general meeting, 28 Sep 2026
82,264 shareholders on the register on 21 Sep 2026; present: 7 promoters and 65 others; votes counted by Mr. Sanjay Dholakia / M/s. Sanjay Dholakia & Associates.The company's voting result (opens in a new tab)
- ADOPTION OF AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 31, 2026Ordinary99.95% for0.05% against
Against: promoters 0.00% · institutions 0.00% · other public 0.29%
Turnout: all 71.86% · promoters 99.78% · institutions 36.34% · other public 32.48%
- ORDINARY - APPOINTMENT OF DIRECTOR IN PLACE OF RETIRING DIRECTOR DR. VIDYA MURKUMBI (DIN: 00007588)OrdinaryPromoters have an interest in it99.92% for0.08% against
Against: promoters 0.00% · institutions 0.00% · other public 0.29%
Turnout: all 44.91% · promoters 53.53% · institutions 36.34% · other public 32.48%
- RATIFICATION OF REMUNERATION OF THE COST AUDITORS FOR THE FINANCIAL YEAR ENDING MARCH 31, 2027Ordinary99.95% for0.05% against
Against: promoters 0.00% · institutions 0.00% · other public 0.29%
Turnout: all 71.86% · promoters 99.78% · institutions 36.34% · other public 32.48%
- APPROVAL OF RAVINDRA ENERGY EMPLOYEE STOCK OPTION SCHEME 2026 (REL ESOP SCHEME 2026)Special99.95% for0.05% against
Against: promoters 0.00% · institutions 0.00% · other public 0.29%
Turnout: all 71.86% · promoters 99.78% · institutions 36.34% · other public 32.48%
APPROVAL OF GRANT OF EMPLOYEE STOCK OPTIONS UNDER RAVINDRA ENERGY EMPLOYEES STOCK OPTION SCHEME 2026 (REL ESOP SCHEME 2026) TO THE EMPLOYEES OF A GROUP COMPANY BEING SUBSIDIARY COMPANY(IES) OR ASSOCIATE COMPANY(IES), IF ANY, OF THE COMPANYMoreLess
Special99.95% for0.05% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.29%
Turnout: all 71.86% · promoters 99.78% · institutions 36.34% · other public 32.48%
- TO APPROVE RE-APPOINTMENT OF MR. SHANTANU LATH (DIN: 07876175) AS A WHOLE-TIME DIRECTOR DESIGNATED AS CHIEF EXECUTIVE OFFICER OF THE COMPANYSpecial99.95% for0.05% against
Against: promoters 0.00% · institutions 0.00% · other public 0.29%
Turnout: all 71.79% · promoters 99.78% · institutions 36.34% · other public 32.30%
- TO APPROVE REVISION IN LIMITS OF REMUNERATION PAYABLE TO DR. VIDYA MURKUMBI (DIN:00007588), WHOLE-TIME DIRECTOR & CHAIRPERSON OF THE COMPANYSpecialPromoters have an interest in it99.92% for0.08% against
Against: promoters 0.00% · institutions 0.00% · other public 0.29%
Turnout: all 44.91% · promoters 53.53% · institutions 36.34% · other public 32.48%
- APPROVAL FOR AMENDMENT TO THE ARTICLES OF ASSOCIATION OF THE COMPANYSpecial99.95% for0.05% against
Against: promoters 0.00% · institutions 0.00% · other public 0.29%
Turnout: all 71.86% · promoters 99.78% · institutions 36.34% · other public 32.48%
- TO SHIFT THE REGISTERED OFFICE OF THE COMPANY FROM THE STATE OF KARNATAKA TO THE STATE OF MAHARASHTRA AND THE CONSEQUENT ALTERATION OF THE MEMORANDUM OF ASSOCIATION OF THE COMPANYSpecial99.95% for0.05% against
Against: promoters 0.00% · institutions 0.00% · other public 0.29%
Turnout: all 71.86% · promoters 99.78% · institutions 36.34% · other public 32.48%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 5 Jan 2026, 3 resolutions
82,768 shareholders on the register on 28 Nov 2025; votes counted by Sanjay R Dholakia / Sanjay Dholakia and Associates.The company's voting result (opens in a new tab)
- APPOINTMENT OF MR APURVA CHANDRA (DIN: 02531655) AS AN INDEPENDENT DIRECTORSpecial99.94% for0.06% against
Against: promoters 0.00% · institutions 0.00% · other public 0.43%
Turnout: all 75.49% · promoters 99.27% · institutions 36.72% · other public 31.12%
To approve the giving of loan or guarantee or providing security in connection with the loan availed by any of the Company's subsidiary(ies), associate entity or any other person specified under Section 185 of the Companies Act, 2013MoreLess
SpecialPromoters have an interest in it99.31% for0.69% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.91%
Turnout: all 6.12% · promoters 0.00% · institutions 36.72% · other public 14.85%
- To approve Material Related Party Transactions with Energy in Motion LimitedOrdinaryPromoters have an interest in it99.31% for0.69% against
Against: promoters 0.00% · institutions 0.00% · other public 0.91%
Turnout: all 6.12% · promoters 0.00% · institutions 36.72% · other public 14.85%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 27 Sep 2025, 11 resolutions
82,479 shareholders on the register on 19 Sep 2025; present: 5 promoters and 69 others; votes counted by RAMNATH SADEKAR / RAMNATH SADEKAR.The company's voting result (opens in a new tab)
- Adoption of Audited Financial Statements for the year ended March 31, 2025Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.92% · promoters 100.00% · institutions 89.98% · other public 28.76%
- Appointment of director in place of retiring director Mr. Narendra Murkumbi (DIN: 00009164)OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 6.14% · promoters 0.00% · institutions 89.98% · other public 13.82%
- Appointment of Director in place of retiring Director Mr. Sidram Meleppa Kaluti (DIN: 00017933)Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.85% · promoters 100.00% · institutions 89.98% · other public 28.52%
- Ratification of the remuneration of Cost Auditors for the financial year commencing on April 1, 2025 and ending on March 31, 2026Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.92% · promoters 100.00% · institutions 89.98% · other public 28.76%
- Appoint Secretarial Auditor for a period of 5 (Five) Consecutive YearsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.92% · promoters 100.00% · institutions 89.98% · other public 28.76%
- Approval for revision in limits of the remuneration payable to Dr. Vidya Murkumbi as a Whole-Time Director (Din: 00007588) designated as an Executive Chairperson of the CompanySpecialPromoters have an interest in it99.54% for0.46% against
Against: promoters 0.00% · institutions 0.00% · other public 0.62%
Turnout: all 6.08% · promoters 0.00% · institutions 89.98% · other public 13.66%
- Approve revision in limits of remuneration payable to Mr. Shantanu lath as a whole-time director (DIN: 07876175) designated as the Chief Executive Officer of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.92% · promoters 100.00% · institutions 89.98% · other public 28.76%
- Approval of Related Party TransactionsSpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 6.08% · promoters 0.00% · institutions 89.98% · other public 13.66%
- Approval for issue and allotment of securities through Qualified Institutional Placement (‘QIP’)Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.92% · promoters 100.00% · institutions 89.98% · other public 28.76%
- Reclassification of authorised share capital of the Company and consequential amendment to Clause V of the Memorandum of AssociationSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.92% · promoters 100.00% · institutions 89.98% · other public 28.76%
- Increase in the Authorized Share Capital of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.92% · promoters 100.00% · institutions 89.98% · other public 28.76%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Extraordinary general meeting, 20 Jun 2025, 2 resolutions
83,821 shareholders on the register on 13 Jun 2025; present: 6 promoters and 72 others; votes counted by Ramnath Sadekar / R. H. Sadekar.The company's voting result (opens in a new tab)
APPROVAL FOR GIVING LOAN OR GUARANTEE OR PROVIDING SECURITY IN CONNECTION WITH THE LOAN AVAILED BY ANY OF THE COMPANY'S SUBSIDIARY(IES) OR ANY OTHER PERSON SPECIFIED UNDER SECTION 185 OF THE COMPANIES ACT, 2013MoreLess
SpecialPromoters have an interest in it99.86% for0.14% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.14%
Turnout: all 3.19% · promoters 0.00% · institutions 0.63% · other public 9.25%
- TO APPROVE MATERIAL RELATED PARTY TRANSACTIONSOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 3.19% · promoters 0.00% · institutions 0.63% · other public 9.25%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Extraordinary general meeting, 5 Oct 2024, 2 resolutions
Present: 4 promoters and 55 others.The company's voting result (opens in a new tab)
- Reclassification of the Authorised Share Capital of the Company and consequential amendment of the Capital Clause of the Memorandum of Association of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 84.54% · promoters 100.00% · institutions 0.00% · other public 38.39%
- To create, issue and allot up to 2,43,24,313 Equity Shares on Preferential basis, to persons belonging to Public CategorySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 84.54% · promoters 100.00% · institutions 0.00% · other public 38.39%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 27 Sep 2024, 9 resolutions
Present: 3 promoters and 69 others.The company's voting result (opens in a new tab)
- To receive, consider and adopt the Audited Financial Statements (Standalone and Consolidated) as at 31st March, 2024 and the reports of the Board of Directors and Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 44.88% · promoters 46.51% · institutions 0.00% · other public 40.28%
- ORDINARY - To appoint a director in place of Mrs. Vidya Murkumbi (DIN: 00007588) who retires by rotation and being eligible, offers herself for re-appointment as a Director.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 6.77% · promoters 0.00% · institutions 0.00% · other public 27.27%
- To appoint a director in place of Mr. Shantanu Lath (DIN: 07876175) who retires by rotation and being eligible, offers himself for re-appointment as a Director.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 44.88% · promoters 46.51% · institutions 0.00% · other public 40.28%
- To ratify the remuneration payable to the Cost Auditors for the financial year commencing on April 1, 2024 and ending on March 31, 2025.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 44.88% · promoters 46.51% · institutions 0.00% · other public 40.28%
- To re-appoint Mrs. Vidya Murkumbi (DIN: 00007588) as Whole-Time Director designated as Executive Chairperson of the Company for a further period of three years with effect from September 1, 2024.SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 6.77% · promoters 0.00% · institutions 0.00% · other public 27.27%
- To appoint Mr. Vinay Namjoshi (DIN: 10119594) as Director to hold office as an Independent Director of the Company, for the first term of 5 consecutive years with effect from July 26, 2024.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 44.88% · promoters 46.51% · institutions 0.00% · other public 40.28%
To approve the continuation of the appointment of Mr. Vinay Namjoshi (DIN: 10119594) as a Non-Executive Director of the Company, who will attain the age of 75 years in the year 2027, during his first term of five consecutive years as Independent Director of the Company.MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 36.00% · promoters 46.51% · institutions 0.00% · other public 40.28%
- To appoint Mrs. Poonam Lahoty (DIN: 02555545) as Director to hold office as an Independent Director of the Company, for the first term of 5 consecutive years with effect from July 26, 2024.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 44.88% · promoters 46.51% · institutions 0.00% · other public 40.28%
- Approval of Related Party Transactions.SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 6.77% · promoters 0.00% · institutions 0.00% · other public 27.26%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.
Mutual fund votes, meeting of 5 Jan 2026, 1 fund house
- APPOINTMENT OF MR APURVA CHANDRA (DIN: 02531655) AS AN INDEPENDENT DIRECTOR1 for0 against
To approve the giving of loan or guarantee or providing security in connection with the loan availed by any of the Company's subsidiary(ies), associate entity or any other person specified under Section 185 of the Companies Act, 2013MoreLess
1 for0 against- To approve Material Related Party Transactions with Energy in Motion Limited1 for0 against
Mutual fund votes, meeting of 27 Sep 2025, 1 fund house
- Adoption of Audited Financial Statements for the year ended March 31, 20251 for0 against
- Appointment of director in place of retiring director Mr. Narendra Murkumbi (DIN: 00009164)1 for0 against
- Appointment of Director in place of retiring Director Mr. Sidram Meleppa Kaluti (DIN: 00017933)1 for0 against
- Ratification of the remuneration of Cost Auditors for the financial year commencing on April 1, 2025 and ending on March 31, 20261 for0 against
- Appoint Secretarial Auditor for a period of 5 (Five) Consecutive Years1 for0 against
- Approval for revision in limits of the remuneration payable to Dr. Vidya Murkumbi as a Whole-Time Director (Din: 00007588) designated as an Executive Chairperson of the Company1 for0 against
- Approve revision in limits of remuneration payable to Mr. Shantanu lath as a whole-time director (DIN: 07876175) designated as the Chief Executive Officer of the Company1 for0 against
- Approval of Related Party Transactions1 for0 against
- Approval for issue and allotment of securities through Qualified Institutional Placement (‘QIP’)1 for0 against
- Reclassification of authorised share capital of the Company and consequential amendment to Clause V of the Memorandum of Association1 for0 against
- Increase in the Authorized Share Capital of the Company1 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Stakes in unlisted companies
Reported in the filing for the quarter to Jun 2026.
- Unlisted stake boughtREL Marathwada Solar Project Seven Private LimitedSince 11 May 2026
−49.00% bought in the quarter; holding 51.00%, from 100.00%
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Jun 2026. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere | Spent elsewhere, amount |
|---|---|---|---|---|---|---|
| Preferential IssuesOct 2024, checked by India Ratings and Research Private Limited | 180.00 | Investment in Renewable Energy Business. | 96.00 | 96.00 | No | 6.00 |
| Preferential IssuesOct 2024, checked by India Ratings and Research Private Limited | 180.00 | Investment in Electric Vehicle Business. | 54.00 | 54.00 | No | 6.00 |
| Preferential IssuesOct 2024, checked by India Ratings and Research Private Limited | 180.00 | General Corporate Purpose | 30.00 | 30.00 | No | 0.00 |
| Rights IssuesJun 2026, checked by CARE Ratings Limited | 200.53 | Investment in Associate company Energy In Motion Ltd (EIM) by way of equity investment for repayment of ICD borrowed by EIM from one of its promoters i.e. Golden Green Innovations Private Limited | 150.00 | 150.00 | No | |
| Rights IssuesJun 2026, checked by CARE Ratings Limited | 200.53 | General Corporate Purpose | 48.93 | 0.00 | No | |
| Rights IssuesJun 2026, checked by CARE Ratings Limited | 200.53 | Issue Related Expenses | 1.60 | 0.00 | No |