Reliance Consumer Products acquires 51% stake in Lotus Chocolate Company
Reliance Consumer Products Limited (RCPL) has completed the previously announced acquisition of a 51% controlling stake in Lotus Chocolate Company Limited for a total consideration of INR 74 crores. In addition, the fast-moving consumer goods (FMCG) arm and fully-owned subsidiary of Reliance Retail Ventures Limited (RRVL) has subscribed to non-cumulative redeemable preference shares of Lotus […]