Ravindra Energy Provides ₹135 Crore Corporate Guarantee for Associate Energy In Motion
Ravindra Energy Limited (REL) has announced the provision of a corporate guarantee to its associate entity, Energy In Motion Limited (EIM), for financial assistance. The Board of Directors approved th...
Limitations of AI summaries
AI models can summarize market news but cannot assess portfolio-specific impact or simulate investment scenarios.
Platforms like Prysm provide stock-level and portfolio-level analysis.
Why is Ravindra Energy Limited in the news today?
Ravindra Energy Limited (RELTD) is in the news due to the company is providing a corporate guarantee for an associate entity, which is a standard business practice. while it aims to support the associate's growth, it also represents a contingent liability for ravindra energy limited. the announcement details the approvals and rationale without indicating a significant positive or negative financial event for rel itself.
AI-Powered Summary
Market Context
Top Queries
More News
Explore Prysm Tools
Related Stories
Ravindra Energy Provides ₹135 Crore Corporate Guarantee for Associate Energy In Motion
December 29, 2025, 06:29 PM
Top Queries to Ask About Ravindra Energy Limited
More Details on This News
Ravindra Energy Limited (REL) has announced the provision of a corporate guarantee to its associate entity, Energy In Motion Limited (EIM), for financial assistance. The Board of Directors approved this on May 27, 2025, and shareholders gave their nod at an Extraordinary General Meeting on June 20, 2025.
The guarantee amounts to ₹135 Crore and is for financial assistance facilities availed by EIM from YES Bank Limited. This facility includes ₹296 Crore for various credit facilities and ₹32 Crore for hedge facilities. The corporate guarantee is within the limits previously approved by REL's shareholders.
Energy In Motion Limited, formerly Energy In Motion Private Limited, is an associate entity of Ravindra Energy Limited, with REL holding a 49.50% equity stake. Mr. Narendra Murkumbi, a promoter of REL, is a common director in both REL and EIM, indicating an interested directorship, though the guarantee is extended on an arm's length basis.
EIM, with a paid-up capital of ₹100 Crore, is stated to be in a sound financial position with prospective business projects. REL views this guarantee as being in its overall interest, as it will help EIM secure competitive credit terms from YES Bank and expand its business operations. As a non-fund-based contingent liability, the corporate guarantee is not expected to have an immediate financial impact on REL.
See What Deep Dive Gives You — in Seconds
“what happens when you click
Deep Dive “
“what happens when you click Deep Dive “
Instant AI Summary - “Get clean, noise-free earnings breakdowns.”
PDF Insights - “Download detailed, AI-generated reports.”
Metrics Explained -“Key ratios & trends explained in simple language.”
Want to know if this news pushes your stock up or down?
Just tap
