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Ravindra Energy Limited board to consider conversion of debentures to shares

Ravindra Energy Limited board to consider conversion of debentures to shares
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Rs 5 to Rs 194: This penny stock turned into a multibagger in one year

Rs 5 to Rs 194: This penny stock turned into a multibagger in one year
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Ravindra Energy consolidated net profit declines 32 46% in the March 2021 quarter

Board of Ravindra Energy approves fund raising up to Rs 60 cr

At meeting held on 20 February 2021The Board of Ravindra Energy at its meeting held on 20 February 2021 has approved the issue of Fully / Partly / Optionally, Convertible Debentures (secured or unsecured), on preferential basis to such willing investors, including the promoters and others, up to the limit of Rs. 60 crore, in one or more tranches, at a rate of interest that will be determined by the Board of Directors, based on the market conditions from time to time. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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Ravindra Energy Limited board approves fund raising of Rs 60 crores

Ravindra Energy Limited board approves fund raising of Rs. 60 crores Posted On: 2021-02-20 07:10:45 (Time Zone: Arizona, USA) The Board of Directors of Ravindra Energy Limited (Formerly Ravindra Trading & Agencies Limited) at its meeting held on Saturday, February 20, 2021 has considered and approved, issue of Fully / Partly / Optionally, Convertible Debentures (secured or unsecured), on preferential basis to such willing investors, including the promoters and others, up to the limit of Rs. 60 Crores, in one or more tranches, at a rate of interest that will be determined by the Board of Directors, based on the market conditions from time to time. The board fixed, Thursday, the 25th day of March, 2021 as the date for convening and holding the Extraordinary General Meeting of the Shareholders of the Company, at 3:00 PM, through Video Conferencing or Other Audio Visual Means and approved the notice convening the said meeting.

United statesRavindra energyRavindra energy ltdEnergy limitedTime zoneRavindra energy limitedFormerly ravindra tradingAgencies limitedConvertible debenturesExtraordinary general meetingMutual fundsNew issuePublic issueRights issueStock marketsPost office