Utilisation of Funds

June 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(9) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. With regard to the captioned subject, we write to inform you that the Company has undertaken the following transaction with Energy In Motion Limited (EIM) an associate entity to the Company: • Investment of Approximately Rs. 150 crores by way of rights issue basis subscription to 45,67,463 equity shares issued and allotted by EIM, at an issue price of Rs. 328.41 per equity share. 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 Equity Investment : Particulars Details Name of the target entity, details in brief such Energy In Motion Limited (EIM) - as size, turnover etc Energy In Motion Limited (“EIM”) is an associate venture of Ravindra Energy Limited (REL) (49.5% REL shareholding) created to drive clean mobility solutions. EIM’s business model focuses on selling bare electric tractors (without battery packs) to transporters, while providing battery packs, charging/swapping infrastructure, and energy supply through long-term contracts. Energy In Motion (EIM) is a provider of integrated electric mobility solutions for long- haul freight transportation. Through the deployment of advanced heavy-duty electric trucks supported by battery-swapping and charging infrastructure, EIM enables efficient, reliable, and sustainable logistics operations while accelerating the transition towards renewable energy-led freight mobility. EIM is an associate company of Ravindra Energy Limited. EIM - CIN : U29304KA2024PLC186460 Turnover – FY-2025-26, Rs. 1,806.88 million Whether the acquisition would fall within Yes, since Energy In Motion Limited (EIM) is an related party transaction(s) and whether the associate entity to the Company and promoter/ promoter group/ group companies therefore, a related party within the meaning have any interest in the entity being acquired? as per the SEBI (Listing Obligations & If yes, nature of interest and details thereof Disclosure Requirements) Regulations, 2015 and whether the same is done at “arm’s read with the Companies Act. length” Except, Mr. Narendra Murkumbi, promoter and Non-Executive Director of the Company, who serves as the Managing Director of EIM, 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 no other promoter or Director has any interest in the said transaction as per the provisions of the Companies Act, 2013 and rules framed therein. The said transaction is undertaken at an arm’s length pursuant to the approval provided by the shareholders through postal ballot on January 5, 2026. Industry to which the entity being acquired Energy In Motion (EIM) is a provider of belongs integrated electric mobility solutions for long- haul freight transportation. Through the deployment of advanced heavy-duty electric trucks supported by battery-swapping and charging infrastructure, EIM enables efficient, reliable, and sustainable logistics operations while accelerating the transition towards renewable energy-led freight mobility. Objects and impact of acquisition (including Investment in accordance with ‘Objects of the but not limited to, disclosure of reasons for Issue’ section of the Letter of offer dated June acquisition of target entity, if its business is 3, 2026 read with corrigendum issued by the outside the main line of business of the listed company dated June 12, 2026 for the purpose entity); of repayment ICD borrowed by EIM from Golden Green Innovations Private Limited, one of the promoters of EIM. Brief details of any governmental or Not Applicable regulatory approvals required for the acquisition; Indicative time period for completion of the Not Applicable acquisition Consideration - whether cash consideration or Investment in equity shares of EIM as per share swap or any other form and details of rights issue by way of consideration paid in the same; cash through Banking Channel. Cost of acquisition and/or the price at which EIM has issued and allotted its equity shares the shares are acquired of face value of Rs. 10/- each at a premium of Rs. 318.41 per share. The Company has subscribed to 45,67,463 equity shares aggregating to approximately Rs. 150 Crores. 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 Percentage of shareholding / control acquired Prior to EIM’s allotment 49.50% stake; and / or number of shares acquired Post EIM’s allotment 49.54% stake EIM will continue to remain as an associate entity of the Company with 49.54% stake. Brief background about the entity acquired in EIM is an associate company of Ravindra Terms of products/line of business acquired, Energy Limited. date of incorporation, history of last 3 years turnover, country in which the acquired entity Energy In Motion (EIM) is a provider of has presence and any other significant integrated electric mobility solutions for long- information (in brief) haul freight transportation. Through the deployment of advanced heavy-duty electric trucks supported by battery-swapping and charging infrastructure, EIM enables efficient, reliable, and sustainable logistics operations while accelerating the transition towards renewable energy-led freight mobility. EIM having significant presence in India, was incorporated on March 19, 2024. During the financial year FY2024-25 (commencing from the date of its incorporation) EIM reported a turnover of Rs. 5.22 million, while during FY-2025-26, the turnover stood at Rs. 1,806.88 million. 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