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Reliance Retail Ventures bets on...

Reliance Retail Ventures has injected Rs...

Reliance Retail Ventures bets on FMCG business; to invest Rs 300 crore

Reliance Retail Ventures has injected Rs 300 crore of equity into its newly established fast-moving consumer goods entity, Reliance Consumer Products (RCPL), via optionally fully convertible debentures (OFCDs), states an ET report. According to RCPL's last fiscal financial statement, Rs 277 crore has already been infused into the company. Notably, this marks the first significant capital infusion by the company's promoters into the business.Reliance Retail Ventures serves as the holding company for all retail businesses of Reliance Industries. The allotments took place on February 1 and March 31,...

Reliance Retail Ventures...

Reliance Retail Ventures has injected Rs 300 crore of equity into its newly established fast-moving consumer goods entity, Reliance Consumer Products (RCPL), via...