Reliance Industries Limited — Important, 18-07-2025: Updates

Reliance Retail Ventures (RRVL), a subsidiary, has acquired Kelvinator, a strategic move poised to significantly amplify its leadership in India's consumer durables market. This acquisition integrates Kelvinator's trusted brand legacy with RRVL's expansive retail network. The aim is to democratize aspirational living by making high-quality home appliances widely accessible. This synergy is expected to accelerate growth in the premium segment, deepen consumer engagement, and unlock substantial long-term opportunities in India's dynamic retail landscape. RRVL reported a consolidated turnover of ₹3,30,870 Cr and EBITDA of ₹25,053 Cr for FY25.