BSECompany Update5d ago · 6 Nov 2026, 12:22 am

We write to inform you that the company has executed a loan agreement with TATA CAPITAL LIMITED for a rupee Term loan facility of Rs 100 Cr

Ravindra Energy Ltd · 504341

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Ravindra Energy Ltd has executed a loan agreement with Tata Capital Ltd for a rupee term loan facility of Rs 100 Cr, which will be used for infusion as unsecured loans in Energy In Motion Ltd or its subsidiaries.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk6/10
Liquidity Impact8/10
Market Sentiment5/10

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Ravindra Energy Ltd - 504341 - Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements

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November 6, 2026 Dept. of Corporate Services, National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot No. C/1, G Block, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Bandra (E) Dalal Street, Mumbai- 400001, Mumbai - 400 051, Maharashtra, India. Maharashtra, India. Scrip Code: 504341 Scrip Code: RELTD ISIN: INE206N01018 Dear Sir/Madam, Subject: Intimation under Regulation 30 PARA B of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. With regard to the captioned subject, we write to inform you that the Company has executed a loan agreement with “Tata Capital Limited” (lender) for a Rupee Term Loan facility of Rs 100 crore. This facility will be used by the Company towards infusion as unsecured loans in Energy In Motion Limited, a jointly controlled company, or any of its subsidiaries. The disclosures in respect of the aforesaid transaction pursuant to the provisions under SEBI master circular dated January 30, 2026 are enclosed herewith as Annexure A. The aforementioned information is also available on the Company’s website at: https://www.ravindraenergy.com. We request you to take note of the aforesaid. Thank you, Yours’ faithfully, For Ravindra Energy Limited Madhukar Shipurkar Company Secretary & Compliance Officer Membership No. A64947 Registered Office: BC 105, Havelock Road, Camp, Belgaum – 590001, Karnataka, India. P +91-831-2406600 | CIN L40104KA1980PLC075720 | W www.ravindraenergy.com | E contact@ravindraenergy.com Annexure A 1. Name(s) of parties with whom the Ravindra Energy Limited (REL) and Tata Capital agreement is entered Limited (TCL) 2. Purpose of entering into the agreement; Purpose: Additional Credit Facility - Term Loan The Company has executed a loan agreement with Tata Capital Limited (lender) for a Rupee Term Loan facility of Rs 100 crore. This facility will be used by the Company towards infusion as unsecured loans in Energy In Motion Limited (jointly controlled entity) or any of its subsidiaries. 3. Size of agreement Loan agreement for a Rupee Term Loan of up to Rs. 100 crores 4. Shareholding, if any, in the entity with Not Applicable whom the agreement is executed 5. Significant terms of the agreement (in Through the said loan agreement, TCL reserve the brief) special rights like right to appoint right to appoint its Nominee on Board of Company, directors, first right to share subscription in in case of occurrence of an event of default & its case of issuance of shares, right to restrict subsistence any change in capital structure etc 6. Whether, the said parties are related to TCL is not related to any of the promoters or the promoter/promoter group/ group members of the promoter group or any of the companies in any manner. If yes, nature of group companies. relationship 7. Whether the transaction would fall within No, the transaction involves availing of a Rupee related party transactions? If yes, whether Term Loan facility for an amount of up to Rs. 100 the same is done at “arm’s length Crores and therefore does not fall within the ambit of related party transaction within the meaning as per the Companies Act 2013 and the (Listing Obligations & Disclosure Requirements) Regulations, 2015. 8. In case of issuance of shares to the parties, Not Applicable details of issue price, class of shares issued 9. In case of loan agreements, details of Loan Agreement executed on November 5, 2026; lender/borrower, nature of the loan, total amount of loan granted/taken, total Borrower: Ravindra Energy Limited (REL) amount outstanding, date of execution of Lender: Tata Capital Limited (TCL); Registered Office: BC 105, Havelock Road, Camp, Belgaum – 590001, Karnataka, India. P +91-831-2406600 | CIN L40104KA1980PLC075720 | W www.ravindraenergy.com | E contact@ravindraenergy.com the loan agreement/sanction letter, details of the security provided to the lenders / by Principal amount: not exceeding Rs 100 Crs; the borrowers for such loan or in case Interest rate: 12.75% p.a. payable monthly floating outstanding loans lent to a party or interest rate; borrowed from a party become material on a cumulative basis Security: The Facility (together with all interest, liquidated damages, fees, costs, charges, expenses and other monies and all other amounts stipulated and payable to the Lender) pertaining to facility shall be secured by: 1. First pari passu charge on movable fixed assets and current assets of the Borrower (present and future) except those on which exclusive charge is already created by existing lenders; 2. First pari passu charge on cash flows up streamed from the project SPVs to the Borrower (including Subsidy receipts from PM KUSUM projects and top up debt raised at SPV level) 3. First exclusive charge on the unsecured loan infused by REL into EIM (Energy In Motion Limited) from the proceeds of this facility. 4. Unconditional & irrevocable Personal Guarantee of Mr. Narendra Murkumbi (Promoter). 5. Unconditional & irrevocable Corporate Guarantee of Khandepar Investments Private Limited (Promoter entity). 6. Pledge of Promoter’s shareholding in REL (1x cover of the Facility amount on outstanding basis). 10. Any other disclosures related to such Through the said loan agreement, TCL reserves the agreements, viz., details of nominee on the right to appoint its Nominee on Board of Company, board of directors of the listed entity, in case of occurrence of an event of default & its potential conflict of interest arising out of subsistence such agreements, etc.; Registered Office: BC 105, Havelock Road, Camp, Belgaum – 590001, Karnataka, India. P +91-831-2406600 | CIN L40104KA1980PLC075720 | W www.ravindraenergy.com | E contact@ravindraenergy.com 11. In case of termination or amendment of agreement, listed entity shall disclose additional details to the stock exchange(s): Not Applicable i. Name of parties to the agreement; ii. Nature of the agreement; iii. Date of execution of the agreement; Iv. Details of amendment and impact thereof or reasons of termination and impact thereof. FOR RAVINDRA ENERGY LIMITED Madhukar Shipurkar Company Secretary & Compliance Officer Membership No. A64947 Date : November 6, 2026 Place : Belgaum Registered Office: BC 105, Havelock Road, Camp, Belgaum – 590001, Karnataka, India. P +91-831-2406600 | CIN L40104KA1980PLC075720 | W www.ravindraenergy.com | E contact@ravindraenergy.com