Lotus Chocolate Company Ltd

Lotus Chocolate Company Limited (LCCL) was promoted in 1988 by T Sarada and Vijayaraghavan Nambiar. The Company is engaged in manufacturing of cocoa derivatives including Cocoa Mass, Cocoa Butter and Cocoa Powder and also offers a range of choco chips and choco slabs which are supplied to leading Food Manufacturers, Ice-cream manufacturers and Bakeries across the country. The Company has expanded its range of consumer products with the introduction of products in confectionery and chocolate categories and is also building up an omni channel distribution pathway in general retail, standalone chains and modern trade outlets. The company came out with its initial public offering in Oct.'91, aggregating Rs 2.2 cr, to part-finance its Rs 8.4-cr project to manufacture cocoa and chocolate products for the export as well as the domestic market. The company launched On & On sugar coated milk chocotreat in south India. LCCL was troubled by accumulated losses brought about by a delay of one-and-a-half years in the implementation of the project. LCCL retained Chocolate Confectionery Consultancy, UK, to provide technical services. The company has also entered into a marketing agreement with Cocoa Specialties, Malaysia, for the export of its entire production of cocoa derivatives and bulk chocolate. During the year 1999, a theme-based chocotreat - Kiddies and Pineapple Eclairs were launched and in the year 2000 three new products i.e. Malty's, Fun and Magi were launched and the consumer response has been encouraging. Reliance Consumer Products Limited has acquired 65,48,935 Equity Shares of the Company from the erstwhile promoters and was made the promoter and holding company on May 24, 2023. In 2023-24, Company had acquired the entire equity share capital of Soubhagya Confectionery Private Limited (SCPL), making SCPL a wholly-owned subsidiary of the Company with effect from May 25, 2023. Further to the petition filed by the Company, Tribunal vide its order dated August 8, 2024 SCPL has been amalgamated with the Company effective on August 8, 2024. In FY 2024-25, the Company expanded its range of consumer products by launching products in confectionery and chocolate categories and also building up an omni channel distribution pathway in general retail, standalone chains and modern trade outlets. Soubhagya Confectionery Private Limited (SCPL), a wholly-owned subsidiary of the Company, was amalgamated with the Company, making the merger effective from August 8, 2024 in FY 2024-25. Pursuant to the Composite Scheme of Arrangement among Reliance Retail Limited, Reliance Retail Ventures Limited (RRVL), Reliance Consumer Products Limited (Old RCPL) and Reliance Consumer Products Limited (formerly known as Tira Beauty Limited) (New RCPL) and their respective shareholders and creditors, sanctioned by the Hon'ble National Company Law Tribunal, Mumbai Bench, vide order dated November 06, 2025, the entire 65,49,065 equity shares, representing 51% of the total paid-up equity share capital of the Company, held by Old RCPL, was transferred and vested in New RCPL effective December 1, 2025 and New RCPL became the promoter and holding company of the Company. In terms of the Scheme, Old RCPL was amalgamated with RRVL effective from December 1, 2025.