Tag: reliance consumer products

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,...