Acquires Additional 14% Stake in Subsidiary RBS Renewables
Ramdevbaba Solvent Limited · RBS · NSE ·
The company will invest ₹3.64 Crore in cash to acquire an additional 35,00,000 shares in its subsidiary, RBS Renewables Private Limited. This transaction will increase Ramdevbaba Solvent's shareholding in the subsidiary from 50.82% to 64.82%. The stated objective is to gain "bett…