Reliance Industries announced that its step-down subsidiary, Hamleys (Franchising) Limited, is subject to a voluntary strike-off. The Registrar of Companies in the UK has published a notice, indicating that unless cause is shown to the contrary, the subsidiary will be dissolved not less than two months from October 27, 2026. HFL had a turnover of Rs. 56.08 crore in 2025 and contributed a minimal 0.0048% to the consolidated turnover, with a Nil networth as of December 31, 2025.
Subsidiary Strike-Off Notification
Reliance Industries Limited has informed stakeholders about a significant development concerning its step-down subsidiary, Hamleys (Franchising) Limited (“HFL”). The Registrar of Companies in the United Kingdom has issued a gazette notice regarding an application for the voluntary strike-off of HFL. This notice indicates that HFL is scheduled to be struck off the register and dissolved unless any objections are raised within a period of not less than two months from October 27, 2026.
Financial Contribution of Hamleys (Franchising) Limited
The financial impact of HFL on the consolidated performance of Reliance Industries appears to be marginal. For the calendar year 2025, the turnover of HFL stood at Rs. 56.08 crore. Its contribution to the consolidated turnover of Reliance Industries for the financial year 2025-26 was a mere 0.0048%. Furthermore, HFL reported a Nil networth as of December 31, 2025, underscoring its limited financial significance to the parent company.
Disclosure Timeline
This intimation regarding the voluntary strike-off of Hamleys (Franchising) Limited was received by Reliance Industries on October 28, 2026, at 3:11 p.m. IST. The company is making this disclosure for informational and record-keeping purposes.
Source: BSE
