RattanIndia Enterprises Limited (BSE:534597) agreed to acquire remaining 66.16% stake in Revolt Intellicorp Private Limited from Rahul Sharma and his relatives on October 6, 2022. Post completion RattanIndia Enterprises Limited (BSE:534597) will hold 100% stake in Revolt Intellicorp Private Limited. The consideration will be paid in cash. Post acquisition RattanIndia will hold 12,19,302 shares in Revolt Intellicorp. On March 31, 2022, the turnover of Revolt Intellicorp is INR 1.6 billion. The transaction is expects to complete in 30 days from execution of the Agreement.

RattanIndia Enterprises Limited (BSE:534597) completed the acquisition of remaining 66.16% stake in Revolt Intellicorp Private Limited from Rahul Sharma and his relatives in January 14, 2023.