Reliance to Spin Off Consumer Goods Brands Ahead of Retail IPO

Reliance Consumer Spinoff: RIL Moves FMCG Brands to New Entity Ahead of IPO Plans

Corporate Restructure: Reliance spins off Campa Cola and FMCG brands into new unit to attract investors beyond retail, says NCLT-approved plan.

RIL’s decision to spin off consumer business into new unit gets NCLT nod

Reliance Industries spins off consumer goods business into new entity, Reliance Consumer Products, for focused attention and investor attraction.

Reliance to Spin Off Consumer Goods Brands Ahead of Retail IPO

Reliance Industries Ltd. is transferring all its consumer goods brands to a new wholly-owned subsidiary as the billionaire Mukesh Ambani-led oil-to-telecom conglomerate readies for an initial public offering for its retail business.

Reliance to transfer all consumer business from Retail to New RCPL

New Delhi, July 3 (PTI) Reliance Retail is transferring its consumer goods business to a new entity, New Reliance Consumer Products Ltd (New RCPL), under its internal restructuring of the business.According to the scheme filed before the NCLT, Reliance is transfering and vesting the FMCG brands business from Reliance Retail Ltd (RRL) to a new entity named New Reliance Consumer Products Ltd (New RCPL). The Mumbai bench of the National Company La…

Reliance Industries restructures FMCG brands ahead of IPO

Reliance Industries Ltd (RIL) is grouping its FMCG brands into a new subsidiary, New Reliance Consumer Products Ltd, in preparation for potential IPO plans.

Veganz Group spins-off Mililk unit as €30m realised from Orbifarm sale

Veganz Group is spinning off its Mililk plant-based milk drinks business as thevegan food producer and retailer seeks to raise external funds.The post Veganz Group spins-off Mililk unit as €30m realised from Orbifarm sale appeared first on Just Food.