Economic TimesLean R·
Reliance’s FMCG war chest swells
Kolkata: Reliance Industries has quadrupled the authorised share capital of its rapidly expanding fast-moving consumer goods (FMCG) arm, Reliance Consumer Products (RCPL), to ₹40,000 crore, potentially giving it greater headroom for capital infusion, as well as increased its borrowing and investment limits, as it scales up the business, according to the latest regulatory filings with the Registrar of Companies.RCPL, which sells Campa Cola and the Independence range of staples, said the authoris…
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