Please find enclosed herewith a copy of the press release for your information and records. This information will also be hosted on Company''s website at www.rattanindia.com
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RattanIndia Enterprises' subsidiary Revolt Motors, India's No.1 electric motorcycle brand, issued a press release highlighting its riders have collectively covered over 72 crore electric kilometres, avoided an estimated 93+ lakh litres of petrol consumption, and enabled cumulative rider savings of over ₹89.28 crore since inception. The company welcomed PM Modi's recent call for citizens to reduce fuel dependence and adopt EVs. Revolt has over 57,654 riders and is available across 200+ cities through its expanding dealership network. The press release connects Revolt's existing rider community to the Prime Minister's vision of sustainable mobility and reduced import dependence.
Positive brand visibility and reinforcement of the company's EV credentials at a time when the Prime Minister is publicly championing electric mobility. The company's market cap of approximately ₹7,000 crore and inclusion in Fortune 500 India is also mentioned, but no direct financial impact on stock price from this press release.