Reliance AGM: Mukesh Ambani launches new company in FMCG sector, might follow with retail IPO; Isha ​​Ambani says…
GH News August 29, 2025 09:06 PM
New Delhi: Reliance Industries has now separated its FMCG (fast-moving consumer goods) business of everyday essential items like lemonade snacks jam and shampoo by making it its own subordinate company instead of Reliance Retail. The name of this new business unit is New Reliance Consumer Products Limited (New RCPL). What did Isha Ambani say? Isha ​​Ambani said “Our consumer products business RCPL is set to become a direct subsidiary of RIL. This will consolidate all our consumer brands into a single sharply focused company.” Preparation for IPO? With this new structure a separate FMCG unit can be made Initial Public Offering (IPO) ready or more attractive to investors. Also both retail and consumer sectors can be valued separately. This new FMCG unit will include many brands like Campa Cola Grocery Confectionery SIL Sosyo Velvette. This FMCG business has achieved a revenue of around Rs 11500 crore in FY25. Brands like Campa and Independence have earned more than Rs 1000 crore. Reliance Jio planning to launch IPO Earlier Reliance Industries Chairman Mukesh Ambani on Friday 29 August 2025 announced that Reliance Jio India’s largest telecom operator is planning to launch an Initial Public Offering (IPO) and listing on bourses in the first half of 2026. Addressing the company’s Annual General Meeting (AGM) Ambani said “Jio is making all arrangements to file for its IPO. We are aiming to list Jio by the first half of 2026 subject to all necessary approvals.” Jio to expand operations outside India Mukesh Ambani pointed out that the many achievements of Jio were previously unimaginable. He noted that Jio’s nationwide 5G rollout is the fastest in the world which laid the foundation for the AI revolution in India. He further said that Jio plans to expand its operations to other countries. “I am extremely confident that the path ahead for Jio is even brighter than its journey so far” Ambani said. HIGHLIGHTS Reliance Industries has now separated its FMCG business by making it its own subordinate company instead of Reliance Retail. Isha ​​Ambani said “Our consumer products business RCPL is set to become a direct subsidiary of RIL.” This new FMCG unit will include many brands like Campa Cola Grocery Confectionery SIL Sosyo Velvette. Earlier Reliance Industries Chairman Mukesh Ambani announced that Reliance Jio is planning to launch an IPO. Mukesh Ambani pointed out that the many achievements of Jio were previously unimaginable. He noted that Jio’s nationwide 5G rollout is the fastest in the world which laid the foundation for the AI revolution in India. He further said that Jio plans to expand its operations to other countries.
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