Mukesh Ambani's Reliance Industries to spin off FMCG brands into new arm ahead of mega IPO plans



Reliance Industries Ltd (RIL) is initiating a restructuring move to consolidate all its fast-moving consumer goods (FMCG) brands—currently housed under its retail businesses—into a separate entity. The goal is to provide these brands with dedicated focus and attract investors specifically interested in the FMCG sector.

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