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Rattanindia Enterprises Ltd - Intimation Regarding Incorporation Of Wholly Owned Subsidiary Company
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16 Nov 2021
Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, we wish to inform you that a wholly owned subsidiary of the Company by the name &apos;Neotec Insurance Brokers Limited&apos; has been incorporated and registered with the Registrar of Companies NCT of Delhi and Haryana on November 15, 2021. &lt;BR&gt; &lt;BR&gt; The Authorised share capital of the company is Rs. 1,00,00,000 divided into 10,00,000 equity shares of Rs. 10/- each and the paid-up share capital is Rs. 5,00,000 divided into 50,000 equity shares of Rs. 10/- each.&lt;BR&gt; &lt;BR&gt; Neotec Insurance Brokers Limited has been incorporated with the object of engaging as Direct Insurance Brokers in General and Life Insurance, as defined under The Insurance Regulatory and Development Authority of India (Insurance Brokers) Regulations, 2018, for which a licence would be obtained from the insurance regulator IRDAI in due course.&lt;BR&gt;
View all announcements for Rattanindia Enterprises Ltd Source: BSE India

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