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 […]
Reliance Retail Ventures Limited (RRVL) said that its FMCG arm Reliance Consumer Products Limited (RCPL) will acquire a 50% stake in Sosyo Hajoori Beverages (SHBPL), a Gujarat-based beverage company. The financial terms of the deal were not disclosed by Reliance Retail Ventures, which is part of Indian conglomerate Reliance Industries. Through the deal, Reliance Consumer […]
