The shares of Ravindra Energy have announced that there will be a meeting of the Board of Directors on August 29, 2025, Friday to consider raising funds.
The board will evaluate the proposal to raise funds through qualified institutional placement (QIP) or other ways through the issue of equity shares or other securities, which is subject to the approval and regulatory approval of the shareholders in the 45th annual general meeting.
Additionally, the board would consider changing the Memorandum of Association (MOA) to modify the Authorized Share Capital Claus and review and adopt the revised report and notice of the Board of Directors for the 45th annual general meeting.
The Securities and Exchange Board of India (prohibition of insider trading) Regulations, in compliance with 2015, the trading window will be closed for the designated persons until the business is closed on 26 August 2025 to September 2, 2025 to deal with the company’s securities.
This meeting is going to be held in Belgaum.
Madhukar R Shipurkar, the company secretary and compliance officer of the share of Ravindra Energy, has confirmed the above information.