NSEAgreements30 Jul 2026 · 30 Jul 2026, 08:22 pm
Agreements
Ravindra Energy Limited · RELTD
✦ AI SummaryDebt Restruc.
Ravindra Energy Limited has executed a loan agreement with Tata Capital Limited for a term loan facility of Rs 100 crore to fund investments in solar project SPVs.
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Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk5/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Company has executed a loan agreement with Tata Capital Limited (lender) for Term Loan facility of Rs 100 Crore.
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RAVINDRA_30072026202149_Disclosure_-_REL_TCL_30-07-2026.pdf
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July 30, 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 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 Term Loan facility of Rs 100 crore. This facility will
be used to fund investment required by Ravindra Energy Ltd in the solar project SPVs other than the
project finance loans at the SPVs.
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 : Credit Facility - Term Loan –
The Company has executed a loan agreement with
“Tata Capital Limited” (lender) for Term Loan
facility of Rs 100 crore. This facility will be used to
fund investment required by Ravindra Energy Ltd
in the solar project SPVs other than the project
finance loans at the SPVs.
3. Size of agreement Principal amount not exceeding Rs 100 Crs
4. Shareholding, if any, in the entity with Not Applicable
whom the agreement is executed
5. Significant terms of the agreement (in brief) TCL reserve the right to appoint its Nominee on
special rights like right to appoint directors, Board of Company, in case of occurrence of an
first right to share subscription in case of event of default & its subsistence
issuance of shares, right to restrict any
change in capital structure etc
6. Whether, the said parties are related to Not Applicable
promoter/promoter group/ group
companies in any manner. If yes, nature of
relationship
7. Whether the transaction would fall within No, this is not a related party transaction.
related party transactions? If yes, whether
the same is done at “arm’s length
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 July 30, 2026;
lender/borrower, nature of the loan, total
amount of loan granted/taken, total amount Borrower : Ravindra Energy Limited (REL)
outstanding, date of execution of the loan Lender : Tata Capital Limited (TCL);
agreement/sanction letter, details of the
security provided to the lenders / by the Principal amount not exceeding Rs 100 Crs;
borrowers for such loan or in case Interest rate : 12.50% p.a. payable monthly
outstanding loans lent to a party or floating interest rate;
borrowed from a party become material on
a cumulative basis
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
Security :
1. First charge on fixed assets and current assets
of the REL; and First charge on cash flows up
streamed from the Project SPVs.
2. Personal Guarantee of Mr. Narendra Murkumbi
(Promoter of REL);
3. Corporate Guarantee of Khandepar Investments
Private Limited (Promoter of REL); and
4. Equity share pledge by promoters of REL
equivalent to the loan amount.
10. Any other disclosures related to such TCL reserve the right to appoint its Nominee on
agreements, viz., details of nominee on the Board of Company, in case of occurrence of an
board of directors of the listed entity, event of default & its subsistence
potential conflict of interest arising out of
such agreements, etc.;
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
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