Ravindra Energy Ltd Closes Rights Issue, Offering Shares at Rs 101 per Share
Ravindra Energy Limited has concluded its rights issue after the offer period closed on Wednesday, June 24, 2026. The company had previously approved and announced the issuance of equity shares under the rights issue basis.The rights issue involved the allotment of fully paid-up equity shares of Ravindra Energy Limited at an issue price of Rs 101 per share. The face value of these shares was set at Rs 10 each, with the company planning to raise a maximum amount not exceeding Rs 2,050 million through this issuance.
The rights issue period commenced on Tuesday, June 16, 2026, and concluded on Wednesday, June 24, 2026, as per the established issue programme.
RELTD Stock Price Movement
Today, Ravindra Energy Limited shares edged higher to close at ₹159.43, successfully gaining 2.05% in trading. The stock finished strong amidst robust buying interest, trading on a volume of 697,981 shares after reaching a low of ₹157.09 intraday.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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