Lotus Chocolate Company Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST

Reliance Consumer Products Limited has acquired a 51% equity stake, amounting to 65,49,065 shares, in Lotus Chocolate Company Limited. This acquisition occurred as part of a recent corporate restructuring scheme approved by NCLT, which became effective on December 01. The scheme involved transferring the consumer brands business, including the Lotus Chocolate shares, from Reliance Retail Ventures Limited to Reliance Consumer Products Limited. This move consolidates Lotus Chocolate's ownership under the company, strengthening its position in the FMCG sector following the broader group reorganization.