News ArticleReliance Industries Subsidiary Hamleys (Franchising) Limited to be Voluntarily Struck Off UK Register
Hamleys (Franchising) Limited posted Rs. 56.08 crore turnover in 2025 with Nil networth and a marginal 0.0048% impact on Reliance consolidated turnover
Reliance Industries Limited announced the voluntary strike off and impending dissolution of its step-down subsidiary Hamleys (Franchising) Limited by UK authorities. The subsidiary recorded a turnover of Rs. 56.08 crore in 2025, contributing only 0.0048% to the company's consolidated turnover for FY 2025-26, with nil net worth as of December 31, 2025.
Reliance Industries Limited
General / Other
Reliance Industries Limited informed that its step-down subsidiary Hamleys (Franchising) Limited is set to be voluntarily struck off and dissolved from the UK register following an official notice from the UK Registrar of Companies dated October 27, 2026.
The application for voluntary strike off was filed by Hamleys (Franchising) Limited itself.
The UK Registrar of Companies has published a notice indicating that unless cause is shown otherwise, the company will be removed from the register and dissolved no earlier than two months after October 27, 2026.
For the calendar year 2025, Hamleys (Franchising) Limited recorded a turnover of Rs. 56.08 crore.
This turnover accounted for only 0.0048% of Reliance Industries Limited's consolidated turnover for the financial year 2025-26.
As of December 31, 2025, the subsidiary had a networth of nil, reflecting no shareholder equity on the books.
Highlights
- Voluntary strike off application for Hamleys (Franchising) Limited by Reliance Industries' step-down subsidiary.
- Registrar of Companies UK published dissolution notice dated October 27, 2026.
- Turnover of Rs. 56.08 crore in 2025 by Hamleys (Franchising) Limited.
- Contribution to Reliance consolidated turnover for FY 2025-26 was 0.0048%.
- Nil networth reported by the subsidiary as of December 31, 2025.
Key Data Snapshot
What happened
- Hamleys (Franchising) Limited, a step-down subsidiary of Reliance Industries Limited, has filed for voluntary strike off in the UK.
- The UK Registrar of Companies issued a notice on October 27, 2026, indicating the company will be struck off and dissolved unless cause is shown otherwise within the specified period.
Key details
- Turnover of Hamleys (Franchising) Limited was Rs. 56.08 crore in calendar year 2025.
- This turnover represented 0.0048% of Reliance Industries Limited's consolidated turnover for financial year 2025-26.
- The subsidiary had nil networth as of December 31, 2025.
- The dissolution will occur at least two months after the notice date of October 27, 2026.
Regulatory and governance context
- The announcement was made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, under Regulation 30.
- Notice and strike off processes are governed by the UK Registrar of Companies' regulations.
Highlights
- Voluntary strike off application for Hamleys (Franchising) Limited by Reliance Industries' step-down subsidiary.
- Registrar of Companies UK published dissolution notice dated October 27, 2026.
- Turnover of Rs. 56.08 crore in 2025 by Hamleys (Franchising) Limited.
- Contribution to Reliance consolidated turnover for FY 2025-26 was 0.0048%.
- Nil networth reported by the subsidiary as of December 31, 2025.
Disclosures
- Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Regulation 30
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