RIL's Hamleys Franchising faces UK strike-off

Reliance Industries' step-down subsidiary Hamleys (Franchising) Ltd is set to be struck off the United Kingdom company register following an application for voluntary strike-off, the Ambani-owned company said in a regulatory filing on Thursday.Reliance had acquired the British toy retailer Hamleys for about Rs 620 crore in an all-cash deal. Reliance Brands completed acquisition of 100 per cent stake of Hamleys Global Holdings (HGHL) through a special purpose vehicle company set up in UK for cash consideration of GBP 67.96 million.The UK Registrar of Companies published a gazette notice on October 27, 2026, stating that Hamleys Franchising will be struck off the register and dissolved unless an objection or cause is shown to the contrary within two months from the date of the notice.Hamleys Franchising reported a turnover of Rs 56.08 crore in calendar year 2025. Its contribution to Reliance Industries' consolidated turnover in FY26 was 0.0048%, while its net worth stood at nil as of December 31, 2025.However, the company did not specify the reasons for the voluntary strike-off application. Reliance said it received the intimation at 3:11 p.m. on October 28.