Reliance Capital has raised funds worth 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 September 10, 2018 with a tenure of 486 days from the deemed date of allotment for type 1 NCDs and for the type 2 its 912 days.
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.
