MUMBAI, 09.03.26-

*Mrs. Nita M. Ambani on India’s historic ICC Men’s T20 World Cup victory, *

“Tonight, over a billion hearts beat with pride and joy. Heartiest congratulations to our Men in Blue on lifting the ICC Men’s T20 World Cup and becoming the first men’s team in history to win the title three times.

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*Reliance Retail Limited Acquires ‘Pahadi Local’ Brand along with Business,Strengthening Its Commitment to Purpose-Led Beauty and Wellness Brands

*Integrating a nature-powered brand rooted in indigenous ingredients and conscious mountain sourcing

Mumbai, 9th March 2026: Reliance Retail Limited, India’s largest retailer, today announced that it has completed the acquisition of brand ‘Pahadi Local’ along with business from Pahadi Goodness Private Limited. ‘Pahadi Local’ is a fast-growing Indian beauty and wellness brand known for its nature-led, Himalayan-inspired formulations.

Founded with a mission to bring the purity and efficacy of Himalayan ingredients into everyday personal care, Pahadi Local has emerged as a distinctive player in India’s rapidly evolving beauty and wellness landscape. The brand is recognised for its clean formulations, conscious sourcing practices, and strong appeal among consumers seeking authentic, sustainable alternatives in skincare and wellness.

With this business acquisition, Reliance Retail Limited reinforces its strategy of building and
scaling differentiated, purpose-driven Indian brands by leveraging its unparalleled omni-channel retail ecosystem, digital commerce capabilities, and supply chain strengths.

Commenting on the business acquisition, Ms. Isha Ambani, Executive Director of Reliance
Retail Ventures Limited, said, “At Reliance Retail, we are focused on curating brands that
combine authenticity with innovation and meaningful consumer relevance. Pahadi Local’s roots in Himalayan wellness traditions and its commitment to responsible sourcing, make it a compelling addition to our beauty ecosystem. We are excited to nurture and scale the brand through our omni-channel network and experiential retail platforms, while carefully preserving the purity, integrity, and storytelling that define its identity.”