New Reliance Consumer Products Ltd: Mukesh Ambani-led RIL to group all its FMCG brands under new company; IPO plans in works

Reliance Industries plans to consolidate its FMCG brands into a new entity named New Reliance Consumer Products Ltd (New RCPL), a direct RIL subsidiary. This restructuring aims to attract specialized investors and facilitate a potential stock market debut for the retail division.

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