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RattanIndia establishes new e-commerce subsidiary in Dubai

November 25, 2025 at 09:59 AM UTCBy FilingReader AI

RattanIndia Enterprises Limited announced the incorporation of “NEORISE GLOBAL TRADING L.L.C S.O.C” in mainland Dubai on November 24, 2025. This new entity, a wholly-owned subsidiary of NEORISE TECHNOLOGIES - FZCO, which is itself a wholly-owned subsidiary of RattanIndia, received approval from the Dubai Economy and Tourism Department. The newly formed company intends to pursue e-commerce and related trading activities across Middle East Asia.

The subscription cost for NEORISE GLOBAL TRADING L.L.C S.O.C was 100,000 AED, fully paid in cash. RattanIndia Enterprises Limited will maintain 100% control through NEORISE TECHNOLOGIES - FZCO, securing its strategic entry into the Dubai market for general trading and e-commerce.

This expansion aligns with RattanIndia’s strategy to broaden its business scope, leveraging the growing e-commerce opportunities in the Middle East.

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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