Reliance Capital has raised funds worth Rs 20 crore with an option to retain oversubscription aggregating to Rs 10 crore through issue of Non-Convertible Debentures (NCDs). The maturity date of Type I NCDs, with a tenure of 532 days from the deemed date of allotment, is January 9, 2020, while the maturity date of Type II NCDs, with a tenure of 958 days from the deemed date of allotment, is March 10, 2021. The deemed date of allotment for both types of NCDs is July 26, 2018.
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.
