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Reliance Industries LimitedJV/Acquisition, 10-02-2026: Acquisition

10-02-2026 | 03:43 pm

Reliance Consumer Products (RCPL), RIL's FMCG arm, has acquired 100% equity in Southern Health Foods Private Limited (Manna) for Rs 156.42 crore. This strategic move significantly boosts RCPL's health food portfolio, adding Manna's popular millet-based and healthy products, including baby food and breakfast cereals. Manna, a leading player in Tamil Nadu with a FY25 turnover of Rs 109.40 Cr, will leverage RCPL's strong distribution to expand its reach nationally. The acquisition solidifies RCPL's presence in the booming health foods segment, offering quality products at affordable prices.

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