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Reliance Industries Limited ( (IN:RELIANCE) ) just unveiled an update.
Reliance Retail Ventures Limited, a subsidiary of Reliance Industries, has implemented a composite scheme of arrangement involving several of its entities, effective December 1, 2025. This restructuring results in the dissolution of Reliance Consumer Products Limited and the creation of a new entity, New RCPL, which becomes an 83.56% direct subsidiary of Reliance Industries. The scheme includes a share allotment process, where shareholders of Reliance Retail Ventures Limited receive shares in the new entity, New RCPL, as part of the demerger of the Consumer Brands Business Undertaking.
More about Reliance Industries Limited
Reliance Industries Limited is a conglomerate operating in various sectors including petrochemicals, refining, oil, telecommunications, and retail. Its retail arm, Reliance Retail Ventures Limited, is a significant player in the Indian retail market, focusing on consumer products and services.
Average Trading Volume: 653,325
Technical Sentiment Signal: Buy
Current Market Cap: 21203.4B INR
See more insights into RELIANCE stock on TipRanks’ Stock Analysis page.