Ravindra Energy Limited has informed the Exchange regarding Outcome of Board Meeting held on September 23, 2026.

Filed: 23 Sep 2026, 19:19 IST Exchange: BSE Category: Merger/Acquisition — Scheme of Amalgamation

Board approved Scheme of Amalgamation of Energy In Motion Limited with Ravindra Energy Limited. - Scheme subject to approvals from Stock Exchanges, SEBI, NCLT, shareholders, and creditors. - Transferor Co. engaged in electric heavy commercial vehicles and battery-as-a-service. - Transferee Co. engaged in distributed solar energy and selling to DISCOMs and commercial sectors. - Rationale: integrated e-HCV and renewable energy solutions, operational efficiency, larger capital base. - Share exchange ratio: 209 shares of Ravindra Energy for every 100 shares of Energy In Motion. - Post-merger promoter holding to increase from 58.26% to 74.54%.

Source: Original filing PDF — view on exchange portal

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Important. The summary above is generated automatically from Ravindra Energy Limited's own public regulatory filing under SEBI LODR. Indian Stock Alerts is not a SEBI-registered Research Analyst or Investment Adviser. This page is informational, not investment advice, a recommendation to buy or sell any security, or any opinion about the company's business, governance or financial health. Always read the original filing before acting and consult a registered adviser for investment decisions.