Ethos Limited — Important, 05-03-2025: General Updates

Ethos Limited has completed a cash investment of ₹3 crore (30,00,000 equity shares at ₹10 each) in its wholly owned subsidiary, Ethos Lifestyle Private Limited (formerly RF Brands Private Limited). This investment reflects Ethos Limited's commitment to enhancing its subsidiary's capital base, although there will be no change in its overall shareholding, which remains at 100%. Ethos Lifestyle is positioned in the retail sector, specializing in watches and accessories, and is set to commence commercial operations in the future. Investors should note this strategic move, as it positions Ethos Limited for potential growth through its subsidiary’s operational launch. Positive outlook as the subsidiary gears up for market entry.