Reliance Capital has raised funds worth Rs 150 crore through issue of Non-Convertible Debentures (NCDs). The Deemed date of allotment is July 24, 2018, with tenure of 457 days from the Deemed Date of Allotment and has a maturity on October 24, 2018. The coupon interest is 9.25% per annum.
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.
