RattanIndia Enterprises Limited has informed the Exchange regarding a press release dated Jun 27, 2025, titled "Revolt Motors Expands Sri Lanka Portfolio with the Launch of RV1 and RV1+ at EV Motor Show Colombo 2025".
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Revolt Motors, the electric two-wheeler arm of RattanIndia Enterprises, is launching its RV1 and RV1+ electric motorcycles in Sri Lanka at the EV Motor Show Colombo 2025, held from June 27 to 29, 2025. The launch is being done in partnership with Evolution Auto, Revolt's exclusive distributor in Sri Lanka. This follows the earlier rollout of the RV400 and BRZ models in Sri Lanka on November 26, 2024. The event includes a dedicated test ride zone and on-the-spot bookings with exclusive offers. RattanIndia Enterprises is a Fortune 500 India-listed company with a market capitalization of approximately ₹7,000 crore, and Revolt Motors is one of its key business verticals alongside e-commerce, fashion, fintech, and drones.
This is a brand expansion announcement for the company's EV subsidiary into an existing international market, not a material financial event. It may have a mild positive sentiment effect by reinforcing Revolt's international growth story, but is unlikely to cause a significant stock price movement on its own.