RattanIndia Enterprises has entered into an agreement with Revolt Intellicorp (Revolt) and its promoter, Rahul Sharma to acquire 66.16% of the equity share capital of Revolt, resulting in an increase in the company’s stake in Revolt from 33.84% to 100%. Consequent to this acquisition, Revolt shall become a wholly owned subsidiary of the Company. Revolt is a next-gen mobility company manufacturing artificial intelligence enabled electric vehicles.
RattanIndia Enterprises is engaged in the business of Power generation, transmission and distribution of power and power advisory.