Reliance Consumer Products Takes Control of Lotus Chocolate Company

Reliance Consumer Products Limited has officially become the new promoter and holding company of Lotus Chocolate Company, following a strategic restructuring within the Reliance Retail group. This transition was confirmed in a regulatory filing from Lotus Chocolate, which noted the approval of a composite scheme of arrangement by the National Company Law Tribunal (NCLT), Mumbai Bench, on November 6, 2025.

The scheme, which encompasses Reliance Retail Limited, Reliance Retail Ventures Limited, and both the old and new versions of Reliance Consumer Products, was executed under Sections 230–232 of the Companies Act, 2013. According to the filing, as of December 1, 2025, all 65,49,065 equity shares—representing 51% of Lotus Chocolate’s paid-up share capital—were transferred from the old Reliance Consumer Products to Tira Beauty Limited, now referred to as New RCPL.

The regulatory update clarified that this change does not alter the overall shareholding structure of the promoter group. Ownership has simply shifted from Old RCPL to New RCPL as part of the internal restructuring within the Reliance Retail entities.

Lotus Chocolate Share Price Trends

Despite the significant long-term gains, Lotus Chocolate’s share price has shown volatility in recent months. The stock has experienced a decline of approximately 14% in the past month and more than 26% over the last three months. In a longer-term view, the small-cap stock has decreased by 21% in the past six months and has plummeted 40% over the previous year.

Conversely, the performance over a five-year period has been remarkable. The share price has surged by an impressive 4,920%, with a notable increase of 280% in just the last two years. As of 13:00, the stock was trading at ₹ 838.05 on the Bombay Stock Exchange, reflecting a decline of 1.56% for the day.

This strategic move by Reliance Consumer Products highlights its expanding influence in the confectionery market and could signal a new phase for Lotus Chocolate Company as it adapts to these changes while navigating its recent stock performance challenges.