Rattanindia Enterprises: Promoter group indirectly acquires voting rights
On November 21, 2025, Rattanindia Enterprises Limited announced an indirect acquisition of voting rights by the Rajiv Rattan Family Trust, Rajiv Rattan Family Trust 2, Anjali Nashier Family Trust, and Anjali Nashier Family Trust 2 (collectively, "Acquirers"). This transaction, governed by the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011, occurred through the contribution of shares of Nettle Constructions Private Limited ("Nettle") and partnership interest in Arbutus Consultancy LLP ("Arbutus LLP") by Mr. Rajiv Rattan and Ms. Anjali Nashier, both members of the promoter group.
The Acquirers cumulatively hold 96% equity shares of Nettle, thereby indirectly acquiring power over approximately 46.89% of voting rights in Rattanindia Enterprises. Additionally, the Acquirers hold 96% of the partnership interest in Arbutus LLP, indirectly gaining control over 27.79% of voting rights in the company held by Arbutus LLP.
Despite this indirect acquisition, the total shareholding of the 'promoter & promoter group' of Rattanindia Enterprises Limited remains unchanged post-transaction. The company's equity share capital, both before and after the acquisition, consists of 1,38,22,69,592 equity shares of INR 2 each, amounting to INR 2,76,45,39,184.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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