Retro Green Revolution signs MOU for strategic investment in GYSCOAL

Retro Green Revolution Limited has entered into a Memorandum of Understanding (MOU) with GYSCOAL ENTERPRISE PRIVATE LIMITED for a proposed strategic investment. Retro Green Revolution may acquire up to 60% equity stake in GYSCOAL on a fully diluted basis. The investment, up to ₹45 crore, aims to support GYSCOAL's business expansion, strategic growth, and long-term value creation. The transaction is contingent upon satisfactory due diligence, regulatory approvals, and the execution of definitive agreements. The MOU is non-binding, except for confidentiality clauses, and will form the basis for future agreements.