Reliance Consumer Products Buys Majority Stake in Udhaiyams Agro Foods

Reliance Consumer Products Ltd (RCPL), the fast-moving consumer goods arm of Reliance Industries, has acquired a majority stake in Udhaiyams Agro Foods for an undisclosed consideration, strengthening its push into the branded staples and fresh foods segment. Under the joint venture structure, RCPL will hold a controlling stake, while Udhaiyams Agro Foods’ promoters S Sudhakar … Continue reading Reliance Consumer Products Buys Majority Stake in Udhaiyams Agro Foods