Please find enclosed the disclosures received from Mr. Shantanu Lath, Whole-Time Director & Chief Executive Officer of the Company
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Mr. Shantanu Lath, Whole-Time Director & CEO of Ravindra Energy Limited, exercised 70,000 employee stock options (ESOPs) granted under the Ravindra Energy Employee Stock Option Plan, 2022. The options were exercised at a price of Rs. 100 per share (face value Rs. 10 each), totalling a transaction value of Rs. 70 lakhs. Prior to this exercise, he held 50,000 equity shares. After the acquisition, his total holding increased to 1,20,000 equity shares (0.37% of total paid-up capital), up from 0.08% before the transaction. The date of acquisition/intimation is May 2, 2026. This is a routine insider trading disclosure filed with both BSE and NSE.
This represents a standard equity compensation event. The insider has exercised vested ESOPs and increased his stake in the company. The disclosure is informational — no immediate impact on stock price is expected from this filing alone.