New Delhi, July 18 -- Reliance Industries on Friday announced that its subsidiary Reliance Retail has acquired refrigerator manufacturer Kelvinator. The announcement comes ahead of the release of Reliance Q1 results today.

Isha Ambani-led Reliance Retail announced the acquisition of refrigerator and washing machine manufacturer Kelvinator, a move to amplify its range of offerings in India's fast-growing consumer durables sector.

However, Reliance Retail did not disclose the financial details of the transaction.

"The acquisition of Kelvinator marks a pivotal moment, enabling us to significantly broaden our offering of trusted global innovations to Indian consumers. This is powerfully supported by our unmatched scale, comprehensive servi...