Overview

• The National Company Law Tribunal directed on June 25 that RIL must hold equity shareholder and creditor meetings to approve a composite scheme involving slump sale, merger and demerger steps for its FMCG business.
• More than 15 proprietary and acquired brands—including Campa, Independence, Sosyo and Velvette—will move from Reliance Retail Ltd, Reliance Retail Ventures Ltd and Reliance Consumer Products Ltd to New RCPL.
• New Reliance Consumer Products Ltd will operate as a wholly owned subsidiary of RIL charged with manufacturing, distribution, marketing and investment in consumer goods ventures.
• Reliance’s FMCG operations were valued at ₹11,500 crore in FY25 and will be housed in a capital-intensive pure-play unit designed to attract sector-specific investors and secure premium valuations.
• The restructuring sets the stage for Reliance Retail’s upcoming initial public offering by isolating the consumer goods portfolio into a dedicated subsidiary.