Rattanindia Enterprises Ltd

RattanIndia Enterprises Limited - Trading Window closed from October 01, 2026; shall open 48 hours after the declaration of the Un-audited Financial Results of the Company, for the Second quarter and half year ending on September 30, 2026.

AGM Details

• AGM held 24-09-2026 via VC/OAVM; remote e-voting 21-23 Sep 2026.

Key Resolutions

• Resolution 1: Adopt standalone financials for FY2026; reports of Board and Auditors—passed.
• Resolution 2: Adopt audited consolidated financials for FY2026; reports of Auditors—passed.
• Resolution 3: Reappoint Rajesh Kumar (DIN: 03291545) retiring by rotation—passed.
• Resolution 4: Remuneration to Rajiv Rattan, Non-Executive Chairman and promoter—passed.

Dividend

• No dividend proposed or declared.

Director Changes

• Rajesh Kumar reappointed (retiring by rotation) as director.

Auditors

• Auditors' reports considered; no change to statutory auditors disclosed.

Material Related Party Transactions

• No material related party transactions disclosed or approved.

Other Approvals

• Remuneration approval for Non-Executive Chairman approved.

AGM details

• AGM held Sept 24, 2026 at 04:30 P.M. IST via VC/OAVM.
• Deemed venue: registered office.
• Record date: Sept 17, 2026; shareholders: 3,94,482.
• Remote e-voting: Sept 21–23, 2026; 15-minute on-site window.

Resolutions put to vote

• Ordinary 1: adopt standalone financial statements for year ended Mar 31, 2026.
• Ordinary 2: adopt consolidated financial statements for year ended Mar 31, 2026.
• Ordinary 3: appoint Rajesh Kumar on rotation and re-appointment if eligible.
• Special 4: approve remuneration to Rajiv Rattan, non-executive Chairman and promoter.

Voting status

• Voting results to be declared separately and submitted to stock exchanges.

Auditors

• Auditor's report for FY2025-26 unqualified; no qualifications noted.
• Statutory auditors attended the AGM.

agm & governance

• Sixteenth AGM on 24 Sep 2026 via VC/OAVM.
• Cut-off for voting: 17 Sep 2026; remote e-voting 21-23 Sep 2026.
• Annual Report/Notice available on company website; notices dispatched to shareholders.
• Register of Members closed 18-24 Sep 2026 for AGM.
• Remuneration for Rajiv Rattan up to Rs 5 crore per annum, subject to approvals.
• Board has six directors; three independent; Audit, NRC, SRC committees functioning.
• Secretarial audit by S. Khandelwal & Co; report is unqualified.

consolidated financials

• Revenue from operations: Rs 75,305 million; loss before tax: Rs 1,626 million.
• Net consolidated loss after tax: Rs 1,663 million; total comprehensive loss Rs 1,635.5 million.
• Consolidated EPS: Basic & Diluted Rs -1.20.
• Dividend: no dividend declared for 2025-26.
• Share of profit of associate: Rs 15.46 million.
• Total assets Rs 27,708.9 million; equity Rs 7,684.7 million; net debt to equity 1.15x.
• Borrowings Rs 10,634 million; cash Rs 726 million; net debt Rs 8,830.84 million.
• Segment revenue: Retail-Ecom Rs 73,684.02 million; EV Rs 1,359.77 million; Others Rs 442.14 million.

standalone highlights

• Standalone revenue from operations Rs 181.57 million; stand-alone loss Rs 1,819.84 million.
• Standalone EPS: Basic/Diluted Rs -1.32.
• Dividend: No dividend declared for 2025-26.

governance & subsidiaries

• Neobrands Limited designated Material Subsidiary post-year-end; Cocoblu Retail transferred as direct subsidiary.
• RattanIndia Power Limited remains Associate (20.003%).
• Independent Directors meeting held Nov 2025; familiarization programs disclosed.
• Independent Directors and KMP declarations on independence and compliance.

capital & esop

• Authorized capital Rs 4,000 crore; paid-up capital Rs 2,764.54 crore.
• REL ESOP 2022: 54.00 lakh options granted Dec 2025; exercise price Rs 40.18; revised to Rs 24.82.
• Outstanding ESOPs at year-end: 49.50 lakh; Trust holds 13.81 lakh shares.
• Cocoblu Quick Commerce Limited and Cocoblu Retail Limited are 100% subsidiaries.

csr & esg

• CSR spend Rs 16.46 million; CSR policy on company website; CSR Committee chaired by independent director.
• BRSR disclosures integrated in Annual Report; nine principles addressed.

audits & controls

• Walk er Chandiok & Co LLP; unmodified opinions on standalone and consolidated.
• Vigil mechanism; no whistleblower complaints; audit trail gaps noted (note 71) with logs preserved.

outlook & strategy

• Outlook: India’s digital economy growth; AI, EV, drones; PM E-Drive and Make in India policies.
• Strategy: disciplined capital allocation, scalable platforms, and long-term value creation.

Consolidated results (quarter ended 30 June 2026)

• Consolidated revenue from operations: Rs 18,704.76 million.
• Consolidated total income: Rs 18,712.87 million.
• Consolidated PBT: Rs 280.99 million.
• Consolidated PAT: Rs 147.35 million.
• Consolidated EPS: Basic Rs 0.11; Diluted Rs 0.11.
• Retail-Ecommerce segment income Rs 18,401.92 million; profit Rs 528.16 million.
• EV segment income Rs 269.14 million; loss Rs 86.56 million.
• Investment segment profit Rs 91.71 million; Other segments loss Rs 40.48 million.
• Share of profit in associate (RPL): Rs 91.71 million.
• Unrealised FV loss on RPL: Rs 1,723.62 million.
• Total assets (Consolidated) Rs 30,540.69 million; liabilities Rs 22,679.76 million.

Standalone results (quarter ended 30 June 2026)

• Standalone revenue from operations: Rs 57.47 million.
• Standalone total income: Rs 57.55 million.
• Standalone loss before tax: Rs -86.22 million.
• Standalone PAT: Rs -86.25 million.
• EPS (Standalone): Basic -0.06; Diluted -0.06.

Demat/remat update

• Details of dematerialised/rematerialised securities for the period furnished to all stock exchanges.

Subject

• RVX launched as Revolt Motors’ flagship electric bike.
• Intro price ₹1.24 lakh ex-showroom; Delhi price ₹94,990 after incentives.
• Available through 200+ Revolt dealerships nationwide.
• RVX launches with new campaign 'India Karega Revolt'.

Technical specifications

• 4 kW mid-drive motor; 5.3 kW peak, 230 Nm torque.
• 24 kWh removable NMC battery; 160 km IDC range.
• 0-40 kmph in 3.9 seconds; 0-90 kmph in Boost Mode.
• 0 to 80% charge in 80 minutes with fast charger.
• Four riding modes: Boost, Sports, City, Eco.
• Digi-dash 3.5-inch IP67 PMVA display; Bluetooth, telematics.
• Geo-fencing, OTA updates, walk assist, reverse mode.

Campaign & marketing

• Campaign 'India Karega Revolt' launched with brand ambassador Hardik Pandya.
• Campaign highlights mobility as expression and ambition.

Availability

• RVX to be available nationwide through Revolt's network.
• Dealer network exceeds 200 outlets.

Company context

• Revolt Motors is a subsidiary of RattanIndia Enterprises.