Reliance Capital has raised funds worth Rs 10 crore through issuance of Non-Convertible Debentures (NCDs) with an option to retain oversubscription aggregating to Rs 5 crore. The deemed date of allotment is June 5, 2018 and the tenure of the instrument is 1420 days which has a maturity date on April 25, 2022.
Reliance Capital, a part of the Reliance Group, is one of India’s leading private sector financial services companies. It has interests in asset management and mutual funds; life, health and general insurance; commercial and home finance; stock broking; wealth management services; distribution of financial products; asset reconstruction; proprietary investments and other activities in financial services.
