The increase in share capital of RCPL was executed through a mix of six billion equity shares of Rs 10 each and four billion preference shares of Rs 10 each, as per the filing.
It was an action-packed week, with markets volatile but range-bound for the first four days.
As per NielsenIQ data, India’s organised retail sector, accounting for approximately 12 per cent of total FMCG sales, witnessed its highest growth in six quarters.
The maker of Kissan, Horlicks, and Knorr soups said the outlook for the FMCG sector remains extremely uncertain even as it expressed confidence at medium- and long-term growth prospects.
