Ravindra Energy announces board reshuffle, new subsidiaries, and expansion plans

Ravindra Energy Limited's board of directors met on December 5, 2025, to approve key changes, including the reorganization of its audit and nomination and remuneration committees. The audit committee now includes Ramesh Abhishek as chairman, Vinay Namjoshi, Dr. Vidya Murkumbi, and Poonam Lahoty as members. The NRC committee has also been restructured, with Ramesh Abhishek as chairman, and Poonam Lahoty and Apurva Chandra as members, the latter effective December 5, 2025.

The board also discussed revisions to limits for loans, guarantees, and security provisions for subsidiaries, associates, and other specified persons under Section 185 of the Companies Act, 2013. Additionally, material related party transaction limits with Energy In Motion Limited (EIM) were revised based on audit committee recommendations. Shareholders will vote via postal ballot on the appointment of Apurva Chandra as an independent director for five years, effective November 5, 2025, and on the revised limits.

Furthermore, the company noted the incorporation of several new wholly-owned subsidiaries, all established between November 29 and December 4, 2025, including multiple "REL MSKVY Solar Project" entities and "Ravindra Energy KNSP" companies. A notable change involved the renaming of "ARALAALU SOLAR POWER PROJECT LLP" to "ARALAALU RENEWABLE ENERGY LLP" to better reflect its business activities.