MoneyWorks4Me

RattanIndia Enterprises acquires 100% stake in Neobrands

10 Nov 2022 Evaluate

RattanIndia Enterprises (REL) has acquired 100% stake of Neobrands consequent to which, it has become a wholly owned subsidiary company of REL. Neobrands intends to start wholesale and retail business on online E-commerce platforms inter-alia including creating private label businesses and export of goods from India.

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
View more..