Reliance to transfer all consumer business from Retail to New RCPL

Reliance is undertaking a major restructuring, planning to transfer its consumer businesses to a new entity, RCPL. This strategic move aims to consolidate and streamline Reliance's vast consumer-facing operations, which include retail, telecom (Jio), and digital services. By creating a dedicated entity, Reliance likely seeks to unlock value, attract focused investments, and potentially pave the way for future listings or partnerships for its consumer vertical. This reorganization is a significant step in Reliance's long-term strategy to simplify its corporate structure and enhance the focus and value proposition of its diverse consumer-centric businesses.