ROLLATAINERS LTD. - Joint Venture

Rollatainers Ltd has informed BSE that the Company has entered into Food Business through its wholly owned subsidiary Carnation Hospitality Pvt. Ltd. (Carnation).<br/><br/>Carnation has entered into a Joint Venture Agreement with International Market Management (IMM) pursuant to which both Carnation and IMM holds 50% each in Dolomite Restaurants Pvt. Ltd (Dolomite). This joint venture Company (Dolomite) has entered into a development agreement with Jamies Italian International Ltd to operate Jamies Italian brand restaurants across India. The first Jamie's Italian restaurant was opened in 2008 in Oxford, England. There are now 35 Jamie's Italian outlets in the UK, as well as nine international restaurants from Sydney to Dublin.