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Ravindra Energy Ltd. ( (IN:RELTD) ) has provided an update.
Ravindra Energy Limited has reported to the stock exchanges that there is no deviation or variation in the use of funds raised through its October 16, 2024 preferential issue of equity shares to public category investors, which totaled approximately Rs 180 crore. For the third quarter ended December 31, 2025, the company confirmed, as reviewed under Regulation 32 disclosure norms and monitored by India Ratings and Research Private Limited, that the proceeds have been utilized in line with the stated objectives, providing assurance to shareholders and other stakeholders regarding the integrity and transparency of its capital deployment.
More about Ravindra Energy Ltd.
Ravindra Energy Limited operates in the energy sector and is listed on both BSE and NSE in India. The company raises capital through instruments such as preferential issues of equity shares, with its securities identified under the BSE scrip code 504341 and NSE symbol RELTD, and it is subject to SEBI’s listing and disclosure regulations.
Average Trading Volume: 39,429
Technical Sentiment Signal: Strong Buy
Current Market Cap: 28.13B INR
For a thorough assessment of RELTD stock, go to TipRanks’ Stock Analysis page.