The firms will together acquire 33.38 lakh shares of Lotus Chocolate from the open market at a fixed price of Rs 115.50 per share, said a notice by DAM Capital, which is managing the offer
RBL is the official retailer of the brand across all categories, including footwear, handbags, and accessories in the Indian market said a joint statement.
The company was required to pay an aggregate amount of Rs 2,911.51 crore between March 23 and March 31, 2022, to various consortium banks and lenders.
Reliance Acquires Metro AG India Business: With this takeover, Reliance will also get access to 31 large format Metro India stores along with a large chain of registered kirana shops and supply network.
On Saturday, something unexpected happened. Reliance Retail Ventures Ltd (RRVL), the retail holding company of Mukesh Ambani owned Reliance Industries (RIL) called off its Rs 24,713 crore takeover bid for Kishore Biyani's...
RRVL has acquired an 89 per cent equity stake in Purple Panda Fashions Pvt Ltd, which owns and operates the Clovia business, through a combination of secondary stake purchase and primary investment.
The initiatives were spearheaded by Reliance Foundation, the philanthropic arm of the company led by Nita M. Ambani.
Listed entities, including Future Enterprises Ltd, Future Retail Ltd, Future Consumer Ltd and Future Supply Chain, informed exchanges about dates and other procedures for the virtual meetings of shareholders and creditors.
The 'amanté business', which was established by MAS in 2007, is engaged in retail and wholesale distribution of premium lingerie under brands 'amanté',...
In its filing to BSE, Future Retail said that the company is seeking relief from the Delhi High Court to stay and set aside the 'impugned order' of the SIAC.
After scaling the 62,000-mark for the first time on Tuesday, the benchmark BSE Sensex had succumbed to selling pressure in fag-end trade to close 49.54 points...
RRVL's majority equity acquisition in Ritika Pvt Ltd included completely acquiring Everstone's 35 per cent stake in the company, a joint statement said.