Acquisition / mergerNotableFiled on BSE ·

Ravindra Energy board approves amalgamation of Energy In Motion Limited into it

Ravindra Energy · Electrical Equipment

Arthneeti Research DeskPublished 1 min read
74.54%Acquisition / merger

Key highlights

  • Board on September 23, 2026 approved the Scheme of Amalgamation of Energy In Motion Limited with Ravindra Energy; needs stock exchange, SEBI, NCLT, shareholder and creditor approvals.
  • Share exchange ratio: 209 equity shares of Ravindra Energy for every 100 equity shares of Energy In Motion, per joint valuation report dated September 23, 2026.
  • Post-scheme shareholding: Promoter & Promoters Group 74.54%, Public 25.46%, on total 31,41,64,376 equity shares (pre-scheme 19,85,61,903).

Why it's rated notable: merger demerger is always high

Figures checked against the filing by a second AI read, which corrected the first summary. About the business, not the share price.

Original filing

Board Meeting Outcome for Ravindra Energy Limited Has informed Regarding Outcome Of Board Meeting Held On September 23, 2026.

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.