Raminfo Ltd approves investment in Mrida Energy Pvt Ltd

The Board of Directors of Raminfo Ltd at their Meeting held today i.e., Thursday, 05th January, 2023 has approved the proposal for investment upto 50% of equity share capital in Mrida Energy Private Limited (Proposed Company) to be incorporated under the Companies Act, 2013.

Mrida Energy Private Limited, a Private Limited Company to be incorporated under the Companies Act, 2013. The Authorised Share Capital of the Company would be Rs. 10,00,000/- divided into 1,00,000 equity shares of Rs. 10/- each and paid-up Share Capital of the Company would be Rs. 1,00,000/- divided into 10,000 equity shares of Rs. 10/- each.

Raminfo Limited to further venture into the energy vertical has decided to invest in the target Company to be incorporated by the name of Mrida Energy Private Limited to tap into the large potential available in the energy solutions landscape. Our aim is to create a major source of revenue by penetrating into the energy industry.

In order to focus specifically on the energy sector in India, a separate exclusive skillset is required which will enable the Company to not only generate higher revenue but also would help in achieving the benefits of eco-friendliness, energy-saving, efficiency and ease of use for leveraging best of technology to be in reach of every common man, thereby enriching the quality of life and comfort and contributing globally to socio-economic development and awareness among us.

Shares of RAMINFO LIMITED was last trading in BSE at Rs. 101.80 as compared to the previous close of Rs. 106.45. The total number of shares traded during the day was 25587 in over 246 trades.

The stock hit an intraday high of Rs. 105.60 and intraday low of 98.00. The net turnover during the day was Rs. 2576726.00.

Source : Equity Bulls

Keywords

RAMINFO INE357B01022 Investment MridaEnergy