A deed of assignment by its promoters Harshavardhan Bharat Doshi, Nihal Harshavardhan Doshi, and Lalan Ajay Kapadi has also been executed. RCPL is a subsidiary of Reliance Retail Ventures Ltd (RRVL), which is the retail arm of Mukesh Ambani-led Reliance Industries Ltd.
Reliance Consumer Products (RCPL) has acquired the trademarks, recipes, and all intellectual property rights of sugar-boiled confectionery maker Ravalgaon for Rs 27 crore, according to a disclosure by Ravalgaon Sugar Farm Ltd. Ravalgaon owns nine confectionery brands, including Pan Pasand and Coffee Break, aligning with RCPL s strategy of acquiring distressed old Indian brands and relaunching them, similar to its previous acquisition of the Campa soft drink brand.
Reliance Consumer Products (RCPL) has acquired the trademarks, recipes, and all intellectual property rights of sugar-boiled confectionery maker Ravalgaon for Rs 27 crore, according to a disclosure by Ravalgaon Sugar Farm Ltd. Ravalgaon owns nine confectionery brands, including Pan Pasand and Coffee Break, aligning with RCPL s strategy of acquiring distressed old Indian brands and relaunching them, similar to its previous acquisition of the Campa soft drink brand.