Ravindra Energy secures Rs 100 Cr term loan from Tata Capital
RELTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.7 pts less than Nifty Microcap 250 and 1.7 pts less than its Other Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Ravindra Energy has executed a Rs 100 crore term loan with Tata Capital on July 30, 2026. Interest is 12.50% per annum floating, payable monthly. Funds will go to solar project SPV investments. Security includes first charge on REL assets and SPV cash flows, promoter personal guarantee, corporate guarantee from Khandepar Investments, and promoter equity pledge. Tata Capital can appoint a nominee director in case of default.
Raises Rs 100 Cr debt at 12.5% interest to fund solar SPV investments, adds leverage with promoter guarantees and equity pledge.