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Outcome of board meeting of Ravindra Energy

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Capital Market

Held on 22 February 2022

The Board of Ravindra Energy at its meeting held on 22 February 2022 has approved the incorporation of four wholly owned subsidiaries in the form of Company/ LLP, for setting up of renewable energy parks having an aggregate capacity of upto 200 MW in the state of Karnataka and Maharashtra.

The Board also approved issue of 2 crore warrants of face value of Rs 51 per warrant on preferential basis aggregating to Rs 102 crore.

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First Published: Feb 22 2022 | 9:03 PM IST

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