CEO Shantanu Lath re-appointed for 3 years by shareholders

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Price reactionminutes from the announcement price · days from the prior close

+0.1%Reaction day

₹148.86

prior close

₹149.12

announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used-0.3%+0.4% vs market

Other Electrical Equipment peers, median of 53sector-0.2%+0.4% vs sector

On the reaction day the stock moved 0.4 pts more than Nifty Microcap 250 and 0.4 pts more than its Other Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

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Next day

+0.8-1.5+2.3-1.0+1.7

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UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 53Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Shareholders of Ravindra Energy Limited approved the re-appointment of Mr. Shantanu Lath as Whole-Time Director designated as CEO for a further term of 3 years from August 11, 2026, at the 46th AGM on September 28, 2026. The Board had earlier approved this on August 14, 2026. Mr. Lath is a Chartered Accountant who has been with the group since 2012 and has served as CEO since September 1, 2019. He is not related to any directors or key managerial personnel.

Likely market impact

Ensures leadership continuity at the top; existing CEO retained, signalling stability with no expected change in strategic direction.