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July 03, 2025

RIL to spin off FMCG brands into new arm

Mumbai | Kolkata: Reliance Industries Ltd (RIL) is embarking on a restructuring exercise that aims to group all its fast-moving consumer goods (FMCG) brands, currently part of its retail ventures, into a new company so they get "specialised and focused attention", besides drawing investors focused on this segment. The products are currently with Reliance Retail Ventures Ltd (RRVL), Reliance Retail Ltd (RRL) and Reliance Consumer Products Ltd (RCPL). The unit that's going to house the FMCG brands is to be called New Reliance Consumer Products Ltd (New RCPL) and will be a direct subsidiary of RIL, much like Jio Platforms Ltd.Biz Entails Large Capital InvestmentsThe move will help attract a “different set of investors”, according to a June 25 National Company Law Tribunal (NCLT) order, wh

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