Promoters add new pledge on Ravindra Energy shares with Tata Capital
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Promoters Narendra Murkumbi (1 lakh shares) and Khandepar Investments (7.57 lakh shares) created a fresh pledge on September 29, 2026 with Tata Capital as extra security for a loan taken by Ravindra Energy. Total encumbered promoter shares now stand at 2.97 crore, about 29 percent of promoter holding and 15 percent of total share capital. Total promoter holding is 51.78 percent. Loan funds are meant for project SPVs and general corporate use, not personal promoter use.
Fresh pledge raises encumbrance to 15 percent of total capital; loan is for the company, not personal promoter use, limiting dilution risk for now.