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RattanIndia Enterprises informs about incorporation of new step-down subsidiary company

25 Nov 2025 Evaluate

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, RattanIndia Enterprises has informed that ‘NEORISE GLOBAL TRADING L.L.C S.O.C’ has been incorporated in mainland Dubai, upon approval from the Dubai Economy and Tourism Department on 24th November, 2025, as a wholly owned subsidiary of NEORISE TECHNOLOGIES - FZCO, which in turn is a wholly owned subsidiary of the Company. NEORISE GLOBAL TRADING L.L.C S.O.C intends to pursue E commerce and related activities in Middle East Asia. The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024 read with SEBI Circular No. SEBI SEBI/HO/CFD/CFD-PoD2/CIR/P/2024/185 dated 31st December, 2024, are given in Annexure A to this letter.

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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