Rattanindia Enterprises has informed that the RattanIndia Enterprises ('Company') on 6th October 2022, entered into an agreement ('Agreement') with Revolt Intellicorp ('Revolt'), a private company under the Companies Act, 2013 having CIN: U34203HR2017PTC070517 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. The details as required under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/ 4/2015 dated 9th September, 2015 are given in 'Annexure A' to this letter. This intimation is also being uploaded on the Company's website at www.rattanindia.com.
The above information is a part of company’s filings submitted to BSE.
