The Board of Directors of Ravindra Energy Ltd at its meeting held on Thursday, January 10, 2019 has considered and noted resignation tendered by Mr. Sidram Kaluti from the office of Chief Executive Officer of the Company with effect from the close of business hours on January 15, 2019. However, he shall continue as Whole-Time Director of the Company at a revised remuneration of Rs. 27.03 lakhs per annum, as recommended by the Nomination and Remuneration Committee and approved by the Board of Directors of the Company.
Shares of Ravindra Energy Ltd was last trading in BSE at Rs.37.55 as compared to the previous close of Rs. 39.5. The total number of shares traded during the day was 1653 in over 8 trades.
The stock hit an intraday high of Rs. 40 and intraday low of 37.55. The net turnover during the day was Rs. 65020.