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Ravindra Energy Adds Independent Director, Clears New SPVs and Q2 FY26 Results

Story Highlights
  • Ravindra Energy appointed Apurva Chandra as an independent director for five years, bolstering governance.
  • The board approved new renewable-focused subsidiaries, reviewed fund utilisation, and cleared Q2 FY26 results.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ravindra Energy Adds Independent Director, Clears New SPVs and Q2 FY26 Results

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Ravindra Energy Ltd. ( (IN:RELTD) ) has issued an announcement.

Ravindra Energy Ltd.’s board has approved the appointment of Apurva Chandra as an additional non-executive, independent director for a five-year term, subject to shareholder approval, strengthening the company’s governance framework. The board also cleared the incorporation of wholly owned subsidiaries and special purpose vehicle entities to set up renewable energy projects, reviewed a monitoring agency report and a statement of deviation on the use of preferential issue proceeds, took note of the business operations update, and approved the standalone and consolidated unaudited financial results for the second quarter ended 30 September 2025, underscoring continued expansion in renewable assets and formal compliance with regulatory and disclosure requirements.

More about Ravindra Energy Ltd.

Ravindra Energy Ltd. operates in the energy sector with a strategic focus on renewable energy, including the development and operation of power projects implemented through special purpose vehicle entities and wholly owned subsidiaries, reflecting its emphasis on expanding its presence in clean energy infrastructure.

Average Trading Volume: 36,299

Technical Sentiment Signal: Strong Buy

Current Market Cap: 29.26B INR

See more insights into RELTD stock on TipRanks’ Stock Analysis page.

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