Intimation under Regulation 30 of the SEBI (LODR) Regulations, 2015

Rithwik Facility Management Services Ltd has completed the acquisition of 76% equity share capital of Rithwik Indus Power Private Limited on April 16, 2025, following an earlier intimation on the same date. The total cost of acquisition was just Rs. 76,000, paid in cash to existing shareholders, which reflects the very small paid-up capital of the target (10,000 equity shares of Rs. 10 each). The target company was incorporated in 2012, is in the power generation business, and has not yet commenced operations. The deal qualifies as a related party transaction, as relatives of the promoter/directors are directors and shareholders in the target entity. No government or regulatory approvals were required for the deal.