Reliance Retail offloads RPPMSL to Jaipur Enclave for ₹274 cr via mirrored OFCD route

Reliance Retail Ventures sold step-down unit RPPMSL to Jaipur Enclave for ₹274 crore, while RIL channelled an identical ₹273.75 crore through three group entities via OFCDs. The circular structure — against RPPMSL's ₹9,323 cr FY25 revenue and ₹379 cr profit — raises related-party transaction questions under Sebi LODR.

— Filed Fri, 5 Jun, 2026, 05:46 IST · Source Mint · Updated

Reliance Retail sold step-down subsidiary RPPMSL to Jaipur Enclave for ₹274 crore, with RIL routing identical funds via OFCDs through three group entities, raising governance concerns over related-party transaction classification under Sebi LODR rules.

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