Reliance Industries’ subsidiary company -- Reliance Retail Ventures (RRVL) has acquired retail lingerie businesses under the 'amante' umbrella brand from MAS Brands, a wholly-owned subsidiary of Sri Lanka-based MAS Holdings. The amante business, which was established by MAS in 2007, is engaged in retail and wholesale distribution of premium lingerie under brands 'amante', 'Ultimo' and 'every de by amante'. The products are sold through company-owned stores and multi-brand outlets, as well as through its e-commerce channels across India and Sri Lanka. The company has acquired 100 per cent stake of 'amante' brand from MAS.
Reliance Industries is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.
