NSEAgreements30 Jul 2026 · 30 Jul 2026, 08:22 pm

Agreements

Ravindra Energy Limited · RELTD

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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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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