World & BusinessReliance Consumer Products reportedly quadruples authorised capital to ₹40,000 crore
The Economic Times reports that the company's borrowing limit has also tripled to ₹27,000 crore to support its fast-moving consumer goods business.
TLDR
The Economic Times reports that Reliance Consumer Products' authorised share capital has quadrupled to ₹40,000 crore, while its borrowing limit has tripled to ₹27,000 crore to support its fast-moving consumer goods operations. The report also says executive directors T Krishnakumar, Ketan Mody and Asim Parekh have had their tenures extended until 2030.
Reliance Consumer Products reportedly quadruples authorised capital to ₹40,000 crore
The Economic Times reports that the company's borrowing limit has also tripled to ₹27,000 crore to support its fast-moving consumer goods business.
TLDR
The Economic Times reports that Reliance Consumer Products' authorised share capital has quadrupled to ₹40,000 crore, while its borrowing limit has tripled to ₹27,000 crore to support its fast-moving consumer goods operations. The report also says executive directors T Krishnakumar, Ketan Mody and Asim Parekh have had their tenures extended until 2030.