Acquisition / mergerFiled on BSE ·

Ravindra Energy Limited announces merger with Energy In Motion Limited

Ravindra Energy Ltd · Electrical Equipment

What the filing says

  • Ravindra Energy Limited (REL) to merge with associate Energy In Motion Limited (EIM), combining renewable energy and electric mobility businesses.
  • Under the merger scheme, EIM shareholders (excluding REL) will receive 209 REL shares for every 100 EIM shares; REL-held EIM shares will be cancelled.
  • Post-merger, REL to be renamed Energy In Motion Limited; merger subject to regulatory, shareholder, and creditor approvals.

Original filing

Announcement under Regulation 30 (LODR)-Press Release / Media Release

Read the filing on BSE (PDF) →

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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.