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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