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RattanIndia Enterprises informs about formation of wholly owned foreign subsidiary

29 Dec 2021 Evaluate

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, RattanIndia Enterprises has informed that a wholly owned foreign subsidiary of the Company by the name ‘NEORISE TECHNOLOGIES - FZCO’ has been formed under the Dubai Silicon Oasis Authority and registered in Free Zone Company records on December 27, 2021 for which the intimation is received at its end yesterday in the second-half only. NEORISE TECHNOLOGIES - FZCO has been formed with the object of providing Management Consultancies, Project Management Services and to make investment in Commercial enterprises and Management.

The above information is a part of company’s filings submitted to BSE.

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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