Reliance Consumer Products quadruples authorised capital to ₹40,000 crore as FMCG business scales up
Reliance Industries has expanded the authorised share capital of Reliance Consumer Products to ₹40,000 crore. The company has tripled its borrowing limit to ₹27,000 crore to support its FMCG operations. Executive directors T Krishnakumar, Ketan Mody, and Asim Parekh have had their tenures extended until 2030. Recent filings indicate a positive business outlook for FY 2026-27 for RCPL.
Reliance Industries has expanded the authorised share capital of Reliance Consumer Products to ₹40,000 crore.
Kolkata: Reliance Industries has quadrupled the authorised share capital of its rapidly expanding fast-moving consumer goods ( FMCG ) arm, Reliance Consumer Products (RCPL), to ₹40,000 crore, potentially giving it greater headroom for capital infusion, as well as increased its borrowing and investment limits, as it scales up the business, according to the latest regulatory filings with the Registrar of Companies. RCPL, which sells Campa Cola and the Independence range of staples, said the authorised share capital increase would facilitate the issuance of capital in view of the expanding scale of its FMCG operations. Advt
It has also tripled its borrowing limit to ₹27,000 crore from ₹9,000 crore to meet the "increased fund requirement for the business". The limit for making investments in, or providing loans to, other companies has been doubled to ₹4,000 crore, according to the filings accessed through business intelligence platform Tofler. Reliance Industries has also extended the tenure of three executive directors-T Krishnakumar (66), Ketan Mody (49) and Asim Parekh (61)-by five years to 2030.
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