The Board Meeting to be held on 23/05/2026 has been revised to 27/05/2026 In furtherance to the intimation dated May 20, 2026, we wish to inform you that, the meeting of the Board of Directors ....
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Ravindra Energy Ltd has postponed its Board of Directors meeting from May 23, 2026 to May 27, 2026. The reason stated is unavailability of Directors. The meeting will now be held on Wednesday, May 27, 2026 to consider and decide on various matters related to a Rights Issue, including determining the record date, issue period, and other related terms. This is a follow-up intimation to the earlier notice dated May 20, 2026.
The postponement is procedural in nature and unlikely to have any direct impact on the stock price. However, the agenda clearly indicates the company is planning a Rights Issue, which will involve issuing new shares to existing shareholders and may lead to dilution of existing shareholdings.