BSEInsider Trading / SAST5 Oct 2026 · 5 Oct 2026, 11:15 am
The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on October 01, 2026 for Narendra Madhusudan Murkumbi & Khandepar Investments Pvt Ltd
Ravindra Energy Ltd · 504341
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Ravindra Energy Ltd has disclosed creation of pledge on 1,00,000 equity shares by promoter Narendra Madhusudan Murkumbi and 7,57,000 equity shares by promoter Khandepar Investments Private Limited with TATA Capital Limited as collateral for a loan obtained by Ravindra Energy Ltd.
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Ravindra Energy Ltd - 504341 - Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011.
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Ravindra Energy Limited
Dept. of Corporate Services, National Stock Exchange of India Limited
CIN L40104KA1980PLC075720
BSE Limited Exchange Plaza, Plot No. C/1, G Block,
Registered Office Address:
Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Bandra (E)
BC 105, Havelock Road, Camp,
Dalal Street, Mumbai- 400001, Mumbai - 400 051,
Belgaum – 590001, Karnataka, India.
Maharashtra, India. Maharashtra, India.
Contact No.: +91-831-2406600
Email ID: madhukar.shipurkar@ravindraenergy.com
Scrip Code: 504341 Scrip Code: RELTD
ISIN Code - INE206N01018
Sub: Disclosure by the Promoter(s) to the Stock Exchange and to the Target Company for creation of encumbrance (pledge creation) on shares in terms of
Regulation 31(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
Dear Sir/Madam,
Disclosure pursuant to Regulation 31(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, is hereby made intimating creation of
pledge on equity shares held by ‘Mr. Narendra Madhusudan Murkumbi’, Promoter on 1,00,000 equity shares and by ‘Khandepar Investments Private Limited’,
Promoter on 7,57,000 equity shares of face value of Rs. 10 each, held in Ravindra Energy Limited in the prescribed format.
These shares were pledged with beneficiary-TATA Capital Limited for the purpose of security against the loan obtained by “Ravindra Energy Limited”.
Kindly take the same on records and acknowledge.
Thank you,
Yours’ faithfully,
For Khandepar Investments Private Limited
Narendra Madhusudan Murkumbi, Narendra Madhusudan Murkumbi
PAN: ***PM0**** Managing Director,
DIN: 00009164
Place: Mumbai
Date: October 1, 2026
Disclosure by the Promoter(s) to the stock exchanges and to the Target Company for encumbrance of shares / invocation of encumbrance/ release of encumbrance, in terms
of Regulation 31(1) and 31(2) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
Name of the Target Company (TC) Ravindra Energy Limited
Names of the stock exchanges where the shares of BSE Limited; and National Stock Exchange of India Limited
the target company are listed
Date of reporting October 1, 2026
Name of the promoter or PAC on whose shares Narendra Madhusudan Murkumbi; and
encumbrance has been created/released/invoked Khandepar Investments Private Limited
Details of creation/release of pledge
Name of the Promoter holding in the Promoter holding Details of events pertaining to encumbrance (3) Post event holding of
promoter target company already encumbered encumbered shares
(s) or PACs (1) (2) {creation [(2)+(3)] /
with him* release [(2)-(3)]
/ invocation [(1)-(3)]]
Number % of Number % of Type of Date of Type of Reasons for Number % of Name of Number % of
total total event creation/ encumbrance encumbrance share the entity in total
share share (creation / release/ (pledge/ ** capital whose share
capital capital release / invocation of lien/ non favor shares capital
invocation) encumbrance disposal encumbered
undertaking/ ***
others)
Narendra 4,15,34,310 20.92% 98,00,000 4.93% Creation of September Creation of Equity Shares 1,00,000 0.05% Equity 99,00,000 4.98%
Madhusudan pledge 29, 2026 pledge on are pledged Shares are
Murkumbi, equity shares by promoter pledged by
of the Target as a security promoter as
Promoter Company by in connection a additional
promoter as with a loan collateral
per obtained by security in
borrowing Ravindra favor of
facility terms Energy TATA Capital
agreed Limited. Limited
between (Lender)
Ravindra
Energy
Limited
(Borrower)
and Tata
Capital
Limited
(Lender)
Khandepar 6,05,35,860 30.49% 1,91,11,300 9.63% Creation of September Creation of Equity Shares 7,57,000 0.38% Equity 1,98,68,300 10.00%
Investments pledge 29, 2026 pledge on are pledged Shares are
Private equity shares by promoter pledged by
Limited of the Target as a security promoter as
(KIPL) Company by in connection a additional
promoter as with a loan collateral
Promoter per obtained by security in
borrowing Ravindra favor of
facility terms Energy TATA Capital
agreed Limited. Limited
between (Lender)
Ravindra
Energy
Limited
(Borrower)
and Tata
Capital
Limited
(Lender)
Vidya 4,47,777 0.23% Not applicable
Murkumbi,
Promoter
Supriya 2,77,777 0.14% Not applicable
Shailesh
Rojekar,
Promoter
Apoorva 1,11,11,111 5.60% Not applicable
Narendra
Murkumbi,
promoter
group
Inika 2,77,777 0.14% Not applicable
Narendra
Murkumbi,
promoter
group
Malvika 2,77,777 0.14% Not applicable
Narendra
Murkumbi,
promoter
group
Aalok 2,77,777 0.14% Not applicable
Wadhwa,
promoter
group
Abhay 2,50,000 0.13% Not applicable
Wadhwa,
promoter
group
Dhruva 2,77,777 0.14% Not applicable
Shailesh
Rojekar,
promoter
group
Aryaa 2,77,777 0.14% Not applicable
Shailesh
Rojekar,
promoter
group
Anuradha 1,27,777 0.06% Not applicable
Ravindra
Kulkarni,
promoter
Group
Thank you,
Yours’ faithfully, For Khandepar Investments Private Limited
Narendra Madhusudan Murkumbi, Narendra Madhusudan Murkumbi
PAN: ***PM0**** Managing Director,
DIN: 00009164
Place: Mumbai
Date: October 1, 2026
(*) Total share capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35 of the listing Agreement. Diluted share / voting capital means
the total number of shares in the TC assuming full conversion of the outstanding convertible securities / warrants into equity shares of the TC.
(**) The names of all the promoters, their shareholding in the target company and their pledged shareholding as on the reporting date should appear in the table irrespective of
whether they are reporting on the date of event or not.
ANNEXURE - I
Name of the Target Company Ravindra Energy Limited
(TC)
Names of the stock exchanges BSE Limited; and
where the shares of the target National Stock Exchange of India Limited
company are listed
Date of reporting October 1, 2026
Name of the promoter or PAC on Mr. Narendra Madhusudan Murkumbi (Promoter)
whose shares encumbrance has Khandepar Investments Private Limited (Promoter)
been created / released /
invoked
Total Promoter shareholding in 10,27,95,724 equity shares (51.78%)
Listed company (promoter group persons immediate relatives of promoters who are not promoters are not included)
Encumbered shares as a % of Existing pledge by promoters:
Promoter Shareholding
Mr. Narendra Madhusudan Murkumbi: Pledge created on total 98,00,000 equity shares held by him
a. 70,00,000 equity shares on December 27, 2024,
b. 20,00,000 March 11, 2025 and
c. 5,00,000 August 5, 2026
d. 3,00,000 August 20, 2026
In respect of above reporting was already made under applicable provisions.
Khandepar Investments Private Limited (KIPL): Pledge created on total 1,91,11,300 equity shares held by KIPL
a. 70,00,000 equity shares on June 9, 2026,
b. 76,10,000 equity shares on June 17, 2026
c. 26,30,500 equity shares on August 5, 2026
d. 18,70,800 equity shares on August 20, 2026
In respect of above reporting was already made under applicable provisions.
Current pledge by promoters -
Pledge created on 1,00,000 equity shares held by Mr. Narendra Madhusudan Murkumbi on September 29, 2026;
and Pledge created on 7,57,000 equity shares held by Khandepar Investments Private Limited (KIPL) on September
29, 2026.
Total Encumbrance: 28.96% (Encumbered shares as a % of Promoter Shareholding)
(2,97,68,300/10,27,95,724*100)
Whether encumbered share is No, the encumbered shares amount to 28.96% of the Promoter shareholding
50% or more of promoter
shareholding
Whether encumbered share is No, the encumbered shares amount to 15.00% of the Total Paid Up-Share Capital
20% or more of total share (2,97,68,300 /19,85,61,903*100)
capital
Details of all the existing events/ agreements pertaining to encumbrance
Particulars Encumbrance 1 Encumbrance 2 Encumbrance 3 Encumbrance 4
(Date of creation of encumbrance: (Date of creation of (Date of Creation of (Date of Creation of encumbrance:
Pledge December 27, 2024) encumbrance: Pledge March encumbrance: Pledge June Pledge June
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