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Reliance Industries to raise Rs 25,000 cr via NCDs

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Press Trust of India New Delhi
Last Updated : Apr 02 2020 | 6:58 PM IST

Reliance Industries on Thursday said it will raise Rs 25,000 crore through non-convertible debentures to fund its operations.

The company in a regulatory filing said the company board of directors approved "the proposal for raising of funds through the issuance of non-convertible debentures (NCDs) up to Rs 25,000 crore in tranches from time to time, on a private placement basis."

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First Published: Apr 02 2020 | 6:58 PM IST

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