Ravindra Energy Ltd - 504341 - Disclosure of Voting results of AGM (Regulation 44(3) of SEBI (LODR) Regulations, 2015)
Ravindra Energy Ltd has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. Kindly Click here Ravindra Energy Ltd - 504341 - Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
Pursuant to the provisions of the Companies Act, 2013 and the Rules made thereunder and pursuant to Regulation 44(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith the Voting Results and the Scrutinizer''s Report on the resolutions proposed at the 41st Annual General Meeting of the Company held on Monday, the 27th day of September 2021, at 12:00 noon, through video conferencing. The Ordinary / Special Resolutions, have been duly passed by requisite majority by the members of the Company. Ravindra Energy Ltd - 504341 - Shareholder Meeting / Postal Ballot-Outcome of AGM
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby submit the proceedings of the 41st Annual General Meeting of the Members of the Company held on Monday, the 27th day of September, 2021 at 12:00 noon, through Video Conferencing. Ravindra Energy Ltd - 504341 - Board Meeting Intimation for Intimation Of Board Meeting
Ravindra Energy Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/09/2021 ,inter alia, to consider and approve Pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please take notice that a Meeting of the Board of Directors of the Company will be held on Thursday, the 30th day of September, 2021 to consider requests received from the Debenture Holders for conversion of 73,00,000 (Seventy Three Lakh) 9% Unrated Unlisted Unsecured Compulsorily Convertible Debentures into 1,46,00,000 (One Crore Forty Six Lakh) equity shares of the face value of Rs. 10/- each at a conversion price of Rs. 37.50 per share and subsequent allotment of the said equity shares upon conversion of the debentures. Ravindra Energy Ltd - 504341 - Announcement under Regulation 30 (LODR)-Newspaper Publication
In compliance of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we are submitting herewith the copies of the notice of the annual general meeting of the Company, to be held on Monday, September 27, 2021, published by the Company in 'Samyukta Karnataka' newspaper in Kannada Language and in 'The New Indian Express' newspaper in English Language. Copies of the said newspaper publications are also available on the Company's website at www.ravindraenergy.com. Ravindra Energy Ltd - 504341 - Reg. 34 (1) Annual Report
Pursuant to Regulation 34 of the SEBI (LODR) Regulations a copy of the Annual Report of the Company for the financial year 2020-21 is submitted herewith. Ravindra Energy Ltd - 504341 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to the provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 enclosed herewith copies of newspaper advertisements containing, 'Notice to the Members of the Company regarding 41st Annual General Meeting of the Company to be held through VC / OAVM', published by the Company in accordance with the General Circulars issued by the Ministry of Corporate Affairs. Ravindra Energy Ltd - 504341 - Board Meeting Outcome for Outcome Of The Board Meeting
The Board of Directors at a meeting held on Tuesday, August 24, 2021 considered the following matters a. Approved formation of a Special Purpose Vehicle in the form of a LLP in Joint Venture with GSE Renewables India Pvt. Ltd. for installation of 1 MW solar power plant. The said Project is expected to commence in the first week of September and the target of commissioning is December 2021 b. Approved incorporation of a Company which shall be a subsidiary, to undertake construction of sugar warehouses with solar rooftops of upto 1MW each. The Company plans to set up ten such warehouses during the financial year 2021-22 c. Approved divestment of stake held by the Company in Yarganvi Solar Power Project LLP; d. Approved the sale of Manki Project Land situated in Karwar District, to a related party at a price which shall not be less than the prevailing market price; e. Approved revised notice convening the 41st AGM for the FY ended March 31, 2021 and Directors Report. Ravindra Energy Ltd - 504341 - Board Meeting Intimation for Intimation Of Board Meeting
Ravindra Energy Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 24/08/2021 ,inter alia, to consider and approve Pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please take notice that a Meeting of the Board of Directors of the Company will be held on Tuesday, the 24th day of August, 2021, inter alia, - 1. To consider incorporation of SPV / Subsidiary in the form of LLP / Company to undertake installation and setting-up of solar power projects, construction of warehouses with solar rooftops, etc.; 2. To approve divestment by way of sale of stake held in various Limited Liability Partnerships; 3. To consider and approve revised Notice convening the 41st Annual General Meeting and the Directors Report to the Shareholders of the Company. Ravindra Energy Ltd - 504341 - Disclosure Pursuant To Regulation 30 Of The SEBI (LODR) Regulations
The Company is one of the partners in various LLPs which are engaged into ground mount solar power generation having aggregate capacity of 20 MW. The said LLPs had entered into PPA with ESCOMs, at a tariff of Rs. 8.40 per unit. However, due to delay in commissioning of the projects, the KERC reduced the tariff to Rs. 4.36 per unit without considering the extension of time granted by ESCOMs. The aggrieved LLPs filed appeal before the Hon'ble Appellate Tribunal for Electricity at Delhi, to set aside the order passed by the KERC reducing the tariff rates. Taking into consideration the merits of the case, the Hon'ble Appellate Tribunal for Electricity, has allowed the appeal and vide its judgment dated 12th day of August, 2021 has set aside the orders passed by the KERC. The judgement copies have been made available 13th August 2021. In view of the above judgment, the tariff of all the above LLPs has been restored to Rs 8.40 per unit effective from the date of commissioning.