Reliance Consumer Products completes majority stake acquisition in Lotus Chocolate

Reliance Consumer Products Limited (RCPL), formerly known as Tira Beauty Limited, announced the acquisition of 6,549,065 equity shares, representing a 51% stake, in Lotus Chocolate Company Limited. This acquisition became effective on December 01, 2025, following an order from the National Company Law Tribunal, Mumbai Bench, which sanctioned a Composite Scheme of Arrangement.

The scheme involved the transfer and vesting of the FMCG Brands Business Undertaking from Reliance Retail Limited (RRL) to Reliance Retail Ventures Limited (RRVL), the amalgamation of RCPL with RRVL, and the demerger, transfer, and vesting of the Consumer Brands Business Undertaking from RRVL to the newly named RCPL (New RCPL).

This transaction results in New RCPL holding a 51% equity stake in Lotus Chocolate Company Limited. Reliance Industries Limited remains the ultimate holding company for both New RCPL and Lotus Chocolate. The shares of Lotus Chocolate Company Limited are listed on the BSE Limited.