NSEGiving guarantees/indemnity/ becoming a surety for third party3d ago · 26 Aug 2026, 06:52 pm

Giving guarantees/indemnity/ becoming a surety for third party

Ravindra Energy Limited · RELTD

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Ravindra Energy Limited has provided a corporate guarantee to Muon India Private Limited for securing payment obligation in relation to an operating lease facility granted to Energy In Motion Limited, an associate entity of Ravindra Energy Limited. The guarantee is a non-fund based contingent liability and has no immediate financial impact on Ravindra Energy Limited.

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Growth Catalyst3/10
Governance Concern2/10
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Ravindra Energy Limited has informed about providing corporate guarantee to Muon India Private Limited.

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RAVINDRA_26082026185212_Disclosure.pdf

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August 26, 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 Sub: Disclosure pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015 - For providing corporate guarantee for the purpose of securing outstandings receivables. Dear Sir/Madam, Pursuant to Regulation 30 and other applicable regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the company has provided corporate guarantee to ‘Energy In Motion Limited’ an associate entity of the company. Further, the details required under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026 are given in Annexure A: Thanking you. Yours faithfully, FOR RAVINDRA ENERGY LIMITED Madhukar Shipurkar Company Secretary and Compliance officer Mem. 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 Particulars Details Name(s) of parties with whom the Ravindra Energy Limited (REL) has provided corporate agreement is entered/Name of the party guarantee in favour of the “Muon India Private Limited” (MIPL) for the purpose of securing the payment obligation in relation for which guarantee or indemnity or to the operating lease facility granted /to be granted by the surety was given. MIPL to “Energy In Motion Limited (EIM). Whether the promoter/ promoter Yes, ‘Energy In Motion Limited’ (EIM) is an associate entity of group/ group companies have any Ravindra Energy Limited (REL). interest in this transaction? Mr. Narendra Murkumbi who is one of the promoters of REL is common Director in REL and EIM both entities. Therefore, he is If yes, nature of interest and details considered as interested Director. thereof and whether the same is done at Yes, the Corporate Guarantee is extended at arm’s length basis “arm’s length” by REL to its associate entity EIM. Brief details of such guarantee or Energy in Motion Limited, a company incorporated in India indemnity or becoming a surety viz. brief under the Companies Act, 2013, having corporate identification details of agreement entered (if any) number U29304KA2024PLC186460, it has registered office including significant terms and situated at ‘BC 105 Havelock Road Camp, Belgaum Camp, conditions, including amount of Belgaum – 590001 Karnataka’. guarantee Muon India Private Limited (“MIPL”), a company incorporated under the provisions of the Companies Act, 2013, bearing Corporate Identity Number U77100MH2023FTC402792, and having its registered office at Level 9, Maker Maxity 92, 2 – North Avenue, Bandra Kurla Complex, Bandra East, Mumbai – 400051, its corporate office at 7th Floor, A - Wing, Unit no 120, WeWork Hiranandani Lightbridge, Hiranandani Business Park, Saki Vihar Road, Tunga Village, Chandivali, Powai, Mumbai, Maharashtra 400072 and branch office at 2nd Floor, Innov8, 44 Backbay Portion, Regal Building, New Delhi – 110001, India. MIPL has agreed to provide to EIM on operating lease facility basis electric truck batteries for a period of 78 months having an aggregate lease value of up to INR 41,00,00,000/- (Indian Rupees Forty-One-Crores only) together with applicable GST (the ‘Lease Value’), on the terms and conditions as may be mutually agreed between the Lessee and MIPL from time to time. For securing the payment obligation in relation to the operating lease facility granted /to be granted by the MIPL to 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 Particulars Details company has provided corporate guarantee in favour of the MIPL. Impact of such guarantees or indemnity EIM is an associate entity of REL in which REL holds 49.54% or surety on listed entity equity shares stake. MIPL has agreed to make available electric truck batteries on operating lease facility basis to EIM. For this transaction of operating lease for securing payment obligation EIM had requested to REL for providing corporate guarantee with limit as mentioned above. We request you to note that, providing a Corporate Guarantee is in the overall interest of the REL as it will help EIM an associate entity to expand its business operations. EIM is a separate legal entity having its own assets and financial resources. The present paid up equity share capital of EIM is Rs. 109.62 Crore and Net-worth Rs 361.22 Crore. Since corporate guarantee is a non-fund based contingent liability, it has no immediate financial impact on the REL. The said announcement is also being made available for stakeholders on the website of the Company at www.ravindraenergy.com You are requested to take the above announcement on your record and disseminate the same for the information of the stakeholders. Thanking you. Yours faithfully, FOR RAVINDRA ENERGY LIMITED Madhukar Shipurkar Company Secretary and Compliance officer Mem. No. A64947 August 26, 2026 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