Ethos announces dilution of its stake in Ethos Lifestyle

Ethos announced that there has been a change in the shareholding of Ethos Lifestyle (formerly RF Brands), a subsidiary of the Company.

Consequent to fund raising of Rs 179.50 crore by way of preferential issue by Ethos Lifestyle, the Company's shareholding has been diluted from 95.00% to 75.05%. Ethos Lifestyle continues to be a subsidiary of the Company.

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