Subsidiary Transfers9 April 2026 at 01:11 pm
Rattanindia Enterprises Transfers Entire Shareholding in Cocoblu Retail to Neobrands Limited
AI Summary
Rattanindia Enterprises Ltd, in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, has transferred its entire shareholding in Cocoblu Retail Limited to Neobrands Limited, another wholly owned subsidiary of the Company. This transfer does not result in any change in the ultimate ownership or control of Cocoblu Retail Limited, which remains a wholly owned step-down subsidiary of RattanIndia Enterprises Limited.
Key Highlights
- Rattanindia Enterprises Ltd transfers entire shareholding in Cocoblu Retail Limited to Neobrands Limited
- Neobrands Limited is a wholly owned subsidiary of RattanIndia Enterprises Limited
- Cocoblu Retail Limited remains a wholly owned step-down subsidiary of RattanIndia Enterprises Limited
- Transfer does not result in any change in the ultimate ownership or control of Cocoblu Retail Limited
- Transfer is in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015