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Reliance Retail To Acquire 51 Stake In Lotus Chocolate For Rs 74 Cr

According to a regulatory filing from RIL, the promoter group stake will be purchased for Rs 113 per share, amounting to Rs 74 crore, , reliance, ril, chocolate, reliance industries limited, LOTUS, latest updates

Reliance Retail Arm To Buy 51% Stake In Lotus Chocolate For Rs 74 Crore

Reliance Consumer Products Ltd. will acquire 51% stake in Lotus Chocolate Co., in what is expected to spur competition among the likes of Nestle India Ltd. and ITC Ltd. The fast-moving consumer goods arm of Reliance Retail Ventures Ltd. will acquire 65,48,935 shares from the promoters Prakash P Pai, Ananth P Pai and other members of the promoter group of the listed chocolate firm at Rs 113 apiece, aggregating up to Rs 74 crore, according to its statement.

Anant Ambani - Mukesh Ambani sets goals for children

Ambani says Reliance will complete its 50 years in the next five years and he wants to spell out its expectations from leaders and employees

Industrial chocolate market to grow by USD 2,699.24 million: Packaged foods and meats market is the parent market

/PRNewswire/ The global industrial chocolate market has been categorized as a part of the global packaged foods and meats market. The parent market, the.

This chocolate company is offering clean and cruelty-free ingredients