RPSG Ventures Limited has announced the dissolution of its wholly owned subsidiary, Bowlopedia Restaurants India Limited (BRIL). The National Company Law Tribunal (NCLT) approved the application for dissolution under the Insolvency and Bankruptcy Code, 2016, effective from 13 May 2026.
BRIL, which was not a material subsidiary of RPSG Ventures, contributed no revenue or income to the company’s financials as of 31 March 2025. The net worth of BRIL stood at ₹4.84 lakhs, with a 0% contribution to the company’s overall financials.
The voluntary liquidation process for BRIL began on 24 November 2025, and an application for its dissolution was subsequently filed by the liquidator with the NCLT. The dissolution is not expected to have any material impact on the financials or operations of RPSG Ventures.
The company confirmed that all necessary details required under Regulation 30 of the SEBI Listing Regulations, along with the SEBI Master Circular dated 30 January 2026, have been provided in the regulatory filing.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).
This article is written by Business Desk and reviewed by Aditya Bhagchandani before publication.