Promoter KIPL releases pledge on 55 lakh Ravindra Energy shares

Pledge ReleasedOwnership Changes View source PDF Explain this filing

RELTD · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+14.1%Reaction day

₹123.62

prior close

₹123.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.9%+13.2% vs market

Other Electrical Equipment peers, median of 49sector+0.2%+13.8% vs sector

On the reaction day the stock moved 13.2 pts more than Nifty Microcap 250 and 13.8 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+10.8

10m

+17.3

15m

+20.3

30m

+18.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+14.1+0.9+13.2+0.2+13.8

Next day

+4.4+0.9+3.5-0.4+4.7

-0.9-1.1+0.2-1.8+0.9

+4.3+0.7+3.6+0.0+4.3

+2.7-0.7+3.5-1.4+4.2

+7.6-1.8+9.4-2.3+9.9

+18.8+2.9+15.9+0.7+18.2

15d

+30.6+5.3+25.3+1.0+29.6

+44.3+7.1+37.2+0.8+43.5

+36.9+8.2+28.7-1.5+38.4

+29.6+11.7+17.9-1.2+30.8

UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 49Pending

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

AI summary

Khandepar Investments Pvt Ltd (KIPL), a promoter of Ravindra Energy, has revoked the pledge on 55 lakh equity shares worth about 68.37 crore rupees after repaying the loan facility. KIPL's shareholding remains unchanged at 5.77 crore shares (32.29 percent). The pledge release reduces the encumbrance on promoter holdings.

Likely market impact

Pledge release reduces encumbrance on promoter holdings and signals loan repayment. Generally seen as positive for the stock.