RattanIndia Enterprises board to consider strategic investment in new age biz on Aug 10

The company said that the Exchange would be kept informed about further developments in this regard.

Aug 03, 2021 02:08 IST India Infoline News Service

RattanIndia Enterprises has announced that a meeting of the Board of Directors of the Company has been convened on August 10, 2021, to consider and evaluate a proposal for strategic investment in a new age business in an overseas company.

The company said that the Exchange would be kept informed about further developments in this regard.

At around 2.38 PM, RattanIndia was trading at Rs63.60 per piece down by 3.9% on Sensex.

The stock has pulled back from its 5% upper circuit of Rs69.50 per piece that was clocked earlier today.

The stock has erased early gains and is trading near the day's low of Rs63.55 per piece. 

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