Reliance Retail has finalised an interior reorganisation nether which its fast-moving user goods (FMCG) brands concern has been moved, arsenic a going concern, into a recently formed company, New Reliance Consumer Products (New RCPL).
According to a regulatory filing, the overhaul is being carried retired nether a composite strategy of statement involving Reliance Retail (RRL), Reliance Retail Ventures (RRVL), Reliance Consumer Products (RCPL) and Tira Beauty.
The caller institution has go a nonstop subsidiary of Reliance Industries (RIL), with RIL present holding an 83.56% stake.
As portion of the scheme, Tira Beauty volition beryllium renamed RCPL.
The user concern has been transferred from RRL to New RCPL connected a going-concern basis.
The FMCG brands portfolio has been formally demerged from RRL and moved into New RCPL.
RIL stated that the strategy took effect connected 1 December 2025.
The earlier entity, RCPL, which was a subsidiary of RIL, stands dissolved, effectual from 1 December 2025.
Under the agreed structure, New RCPL volition contented 1 afloat paid-up equity stock of Rs10 ($0.11) for each 2 afloat paid-up equity shares of ₹10 held successful RRVL.
Once these caller shares are allotted, the existing paid-up stock superior of New RCPL that was antecedently held by RRVL volition beryllium cancelled and reduced without immoderate payment.
Following the stock allotment and cancellation, New RCPL has go a nonstop subsidiary of Reliance Industries, mirroring RIL’s existing holding successful the genitor retail entity.
RIL present owns 83.56% of New RCPL, the aforesaid involvement it holds successful RRVL, portion different investors clasp the remaining 16.44% successful RRVL.
Reliance Retail precocious hired erstwhile Carrefour enforcement Guillaume de Colonges to pb its market concern arsenic the institution gears up for a imaginable archetypal nationalist offering successful 2027–28.
Last month, Reliance Retail signed an exclusive organisation concern with Germany-based cosnova Beauty to present the essence cosmetics marque successful India.
The Indian retailer volition administer essence’s merchandise scope nationwide done its integrated omnichannel network, including online platforms, quality stores and spouse retail formats.
"India’s Reliance Retail completes user concern restructuring " was primitively created and published by Retail Insight Network, a GlobalData owned brand.
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