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Lotus Chocolate Company LtdImportant, 01-12-2025: Company Update

01-12-2025 | 10:56 pm

Lotus Chocolate Company Limited has a new promoter and holding company. Following a court-sanctioned Composite Scheme of Arrangement, the previous promoter, Reliance Consumer Products Limited (RCPL), has transferred its 51% stake (65,49,065 equity shares) to Tira Beauty Limited (New RCPL). As a result, Tira Beauty Limited is now the new holding company and promoter. This marks a significant change in the company's control structure. Importantly, the aggregate shareholding of the promoter and promoter group remains unchanged by this transaction.

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