RAVINDRA ENERGY : SIGNS RS 100 CR TERM LOAN WITH TATA CAPITAL

• Loan agreement executed on November 5, 2026 for a rupee term loan facility of up to ₹100 Cr from Tata Capital Limited • Interest at 12.75% p.a., floating, payable monthly • Proceeds to be infused as unsecured loans into Energy In Motion Limited (jointly controlled entity) or any of its subsidiaries • Security includes first pari passu charge on movable fixed and current assets, charge on cash flows upstreamed from project SPVs (including PM KUSUM subsidy receipts) and exclusive charge on the loan infused into EIM • Also backed by promoter Narendra Murkumbi's personal guarantee, Khandepar Investments corporate guarantee and pledge of promoter shareholding at 1x cover • Tata Capital reserves the right to appoint a nominee on the board in case of an event of default Impact: Neutral (₹100 Cr debt at 12.75% funds a JV infusion; leverage, interest cost and promoter share pledge are the watch items)

Ravindra Energy Ltd

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