Reliance Retail has finalised an internal reorganisation under which its fast-moving consumer goods (FMCG) brands business has been moved, as a going concern, into a newly formed company, New Reliance Consumer Products (New RCPL). According to a regulatory filing, the overhaul is being carried out under a composite scheme of arrangement involving Reliance Retail (RRL), Reliance Retail Ventures (RRVL), Reliance Consumer Products (RCPL) and Tira Beauty. The new company has become a direct subsidiary of Rel ...