Reliance Capital has raised funds worth Rs 2 crore with an option to retain oversubscription aggregating to Rs 3 crore through issuance of Non-Convertible Debentures (NCDs). The Deemed date of allotment is August 3, 2018, with tenure of 368 days from the Deemed Date of Allotment and has a maturity date of August 6, 2019.
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.