Reliance Capital has raised funds Rs 10 crore with an option to retain oversubscription aggregating to Rs 5 crore through issuance of Non-Convertible Debentures (NCDs).
The deemed date of allotment is August 14, 2018 for Type I and Type II NCDs. The Type I NCDs has a tenure of 513 days from the deemed date of allotment, while the Type II NCDs has a tenure of 939 days from the deemed date of allotment. The date of maturity for Type I and Type II of NCDs is January 9, 2020 and March 10, 2021 respectively.
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.
