Revolt Riders Cross 72 Crore Electric Kilometres, Backing PM Modi's EV Vision

2 min read     Updated on 15 May 2026, 11:06 AM
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Revolt Motors, backed by RattanIndia Enterprises, announced on May 14, 2026 that its 57,654+ riders have collectively covered over 72 crore electric kilometres, avoiding 93+ lakh litres of petrol consumption and enabling cumulative savings of over ₹89.28 crore. The milestone coincides with PM Modi's national call to reduce fuel dependence and embrace electric mobility, with Revolt present across 200+ cities in India.

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rattan india enterprises 's electric motorcycle arm, Revolt Motors, India's No.1 electric motorcycle brand, has announced a significant community milestone as its growing base of 57,654+ riders has collectively covered over 72 crore electric kilometres across the country. The announcement, made on May 14, 2026, comes in the backdrop of Prime Minister Narendra Modi's recent call encouraging citizens to reduce dependence on petrol and diesel and adopt more sustainable mobility choices as part of a nationally responsible lifestyle.

Revolt Riders' Collective Impact

Revolt Motors highlighted that the community's collective journeys have translated into measurable environmental and economic impact. For Revolt riders across India, this transition is not a future ambition — it is already a lived reality. Every day, thousands of Revolt riders choose electric mobility not only for convenience and savings, but as a conscious step towards a cleaner and more self-reliant India. The figures below capture the cumulative achievements of Revolt riders since inception:

Metric: Achievement
Total Electric Kilometres Covered: Over 72 crore+ (72,00,61,295) km
Estimated Petrol Consumption Avoided: 93+ lakh (9,398,694) litres
Cumulative Rider Savings: Over ₹89.28 crore
Active Rider Community: 57,654+ riders
Cities with Dealership Presence: 200+ cities

These figures represent completed journeys by Indian riders who chose electric mobility, and are not projections or future targets, as stated in the company's press release.

Leadership Commentary

Ms. Anjali Rattan, Chairperson, RattanIndia Enterprises Limited, commented on the milestone: "Prime Minister Modi has put into words what our riders have lived every single day. When he speaks of reducing India's dependence on imported fuel and choosing a more responsible way of life, our riders across the country have already been contributing to that vision quietly and consistently. We are proud that Revolt Motors is part of building the India the Prime Minister envisions."

About Revolt Motors and RattanIndia Enterprises

Revolt Intellicorp (Revolt Motors), founded in 2017, introduced India's first AI-enabled motorcycle, combining innovation with performance and aesthetics. The brand is available across 200+ cities through its expanding dealership network. Beyond motorcycles, Revolt Intellicorp provides a full range of genuine parts and accessories through its authorized dealerships.

RattanIndia Enterprises Limited (REL) is the flagship company of the RattanIndia Group, focused on building and scaling new-age, technology-led businesses in India. REL is a public-listed company with a market capitalization of approximately ₹7,000 crore and is featured in the Fortune 500 India list. The company operates across multiple high-impact sectors:

  • Electric Mobility: Revolt Motors
  • E-commerce: Cocoblu Retail (100% subsidiary of RattanIndia Enterprises)
  • Fashion Brands: Neo Brands
  • Fintech
  • Drones: Neosky

Customers seeking more information can visit the official Revolt Motors website at https://www.revoltmotors.com or visit their nearest authorized dealership for a hands-on experience.

Historical Stock Returns for Rattan India Enterprises

1 Day5 Days1 Month6 Months1 Year5 Years
-1.94%-14.65%+4.12%-27.53%-26.66%+139.58%

How might PM Modi's policy push for sustainable mobility translate into specific government incentives or subsidies that could accelerate Revolt Motors' market expansion beyond its current 200+ cities?

With 57,654 riders currently on the platform, what growth trajectory does Revolt Motors need to achieve to meaningfully compete with larger EV players like Ola Electric and Ather Energy in the Indian market?

How could RattanIndia Enterprises leverage its multi-sector portfolio — including drones, fintech, and e-commerce — to create an integrated ecosystem that strengthens Revolt Motors' competitive moat?

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RattanIndia Enterprises: Four Promoter Trusts Confirm SEBI Takeover Exemption Compliance for FY 2025-26

2 min read     Updated on 05 May 2026, 06:39 AM
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RattanIndia Enterprises Limited disclosed on May 04, 2026, that four promoter-linked trusts—Rajiv Rattan Family Trust, Rajiv Rattan Family Trust 2, Anjali Nashier Family Trust, and Anjali Nashier Family Trust 2—have each submitted annual auditor compliance certificates for FY 2025-26. The certificates, dated April 17, 2026, were issued by Prabir Singh & Co., Chartered Accountants, confirming that all four trusts are in compliance with the SEBI Exemption Order dated September 12, 2025, and the SEBI Circular dated December 22, 2017. The trusts had indirectly acquired voting rights in RattanIndia Enterprises Limited during FY 2025-26 under the exemption granted under Regulation 11(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the relevant information has been made available on the company's website.

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RattanIndia Enterprises Limited has notified the stock exchanges on May 04, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, that four promoter-affiliated trusts have submitted their annual auditor compliance certificates for the financial year 2025-26. The disclosure follows a SEBI Order dated September 12, 2025, bearing reference no. WTM/KCV/CFD/05/2025-26, issued under Regulation 11(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 ("Takeover Regulations").

Background: SEBI Exemption Order

The SEBI Exemption Order, dated September 12, 2025, granted the four trusts an exemption from complying with the requirements of Regulation 3(1) and Regulation 5 read with Regulation 4 of the Takeover Regulations in respect of their proposed indirect acquisition of voting rights in RattanIndia Enterprises Limited (Target Company-1) and RattanIndia Power Limited (Target Company-2). Separate orders bearing reference nos. WTM/KCV/CFD/05/2025-26 and WTM/KCV/CFD/04/2025-26, both dated September 12, 2025, were issued for the two target companies respectively. As a condition of the exemption, each trust is required to obtain an annual compliance certificate from an independent auditor and furnish it to the stock exchanges for public disclosure, with a copy endorsed to SEBI, in accordance with the SEBI Circular dated December 22, 2017 (reference no. SEBI/HO/CFD/DCRI/CIR/P/2017/131).

Trusts Covered and Compliance Status

All four trusts indirectly acquired voting rights in RattanIndia Enterprises Limited during the financial year 2025-26. Each trust obtained a compliance certificate dated April 17, 2026, from independent auditor Prabir Singh & Co., Chartered Accountants (Firm Reg. No. 022067N), confirming full compliance with the Exemption Order and the SEBI Circular for FY 2025-26. The table below summarises the compliance details for each trust:

Trust: Trustee Certificate Date Auditor Compliance Status
Rajiv Rattan Family Trust Ram Kumar April 17, 2026 Prabir Singh & Co. Compliant – FY 2025-26
Rajiv Rattan Family Trust 2 Ram Kumar April 17, 2026 Prabir Singh & Co. Compliant – FY 2025-26
Anjali Nashier Family Trust Rajiv Ratan April 17, 2026 Prabir Singh & Co. Compliant – FY 2025-26
Anjali Nashier Family Trust 2 Rajiv Rattan April 17, 2026 Prabir Singh & Co. Compliant – FY 2025-26

Auditor's Certification Process

Prabir Singh & Co., Chartered Accountants, conducted an examination of records and documents furnished by each of the four trusts to ascertain and opine on their compliance with the terms and conditions stipulated in the SEBI Circular. The firm confirmed, for each trust individually, that the compliance status is satisfactory for the financial year 2025-26. The certificates were issued at the request of the respective trusts for onward submission to SEBI, the National Stock Exchange of India Limited, and BSE Limited, and are not to be used for any other purpose without prior written consent from the auditor.

Regulatory Disclosure and Public Availability

The intimation was submitted to the stock exchanges by Rajesh Arora, Company Secretary of RattanIndia Enterprises Limited, on May 04, 2026. The company has stated that the aforesaid information, along with the compliance certificates, has been made available on its website at www.rattanindia.com . The disclosure fulfils the annual public disclosure obligation mandated under the Exemption Order and the SEBI Circular for the financial year 2025-26.

Historical Stock Returns for Rattan India Enterprises

1 Day5 Days1 Month6 Months1 Year5 Years
-1.94%-14.65%+4.12%-27.53%-26.66%+139.58%

How might the continued indirect acquisition of voting rights by the four promoter trusts affect the overall promoter shareholding pattern and potential delisting risks for RattanIndia Enterprises Limited in the near future?

Could the SEBI exemption granted to these trusts set a precedent for similar promoter restructuring arrangements in other listed companies, and what regulatory tightening might follow?

What are the long-term strategic implications of consolidating voting rights under family trusts for RattanIndia Power Limited, particularly given its ongoing financial and operational challenges?

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