Promoter of Ravindra Energy Limited Pledges Shares as part of Transaction
Ravindra Energy Limited has reported a transaction involving its promoter, Mr. Narendra Murkumbi, concerning the pledge creation on his equity holdings. The details of this action were made public on August 7, 2026.The transaction involves the creation of a pledge over shares held by Mr. Narendra Murkumbi, who is classified as a Promoter in the company.
Transaction Details
Based on the reported data, which pertains to the creation of a pledge, the following details were disclosed:| Metric | Pre-Pledge Holdings | Transaction Detail | Post-Pledge Holdings |
|---|---|---|---|
| Securities Held (Shares) | 4,15,34,310 (20.92%) | Pledge Creation of 5,00,000 shares | 4,15,34,310 (20.92%) |
| Value of Transaction | N/A | Rs. 8,58,35,000 | N/A |
Mr. Narendra Murkumbi's holding in the company prior to the transaction stood at 4,15,34,310 equity shares, representing 20.92% of the shareholding. The action involved pledging 5,00,000 equity shares for a value of Rs. 8,58,35,000.
The report indicates that no trading in derivatives related to the company’s securities was undertaken by Mr. Murkumbi or his associates during this period, as indicated on the related disclosure form.
RELTD Stock Price Movement
Ravindra Energy Limited shares slipped by 3.02%, settling at ₹167.29 on Friday after shedding ₹5.13 from the previous close. The stock saw a total traded volume of 241,144 shares for the day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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