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RattanIndia Enterprises acquires 100% stake in RattanIndia Investment Manager

21 Jun 2021 Evaluate

RattanIndia Enterprises (REL) has acquired 1,02,000 Equity Shares of RattanIndia Investment Manager, representing 100% of its paid up capital, therefore making it a wholly owned subsidiary of REL. The company will do investment Management business through the Investee Company. 

RattanIndia Enterprises is engaged in the business of Power generation, transmission and distribution of power and power advisory.

Peers
Company Name CMP
Bajaj Finserv 1846.00
TVS Holdings 12558.90
Cholamandalam Fin. 1473.15
Altius Telecom Infra 175.00
Kama Holdings 2234.30
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