Reliance Industries allots stake in RCPL to 13 key investors

Reliance Industries has transferred shares in its new consumer goods company, RCPL. Thirteen investor groups now hold a stake in RCPL. These investors previously held stakes in Reliance's retail business. This move separates the consumer goods operations. It may pave the way for future strategic partnerships or a separate listing. RCPL now owns all of Reliance's FMCG brands.