Reliance Industries has informed that a meeting of the Finance Committee of the Board of Directors of Reliance Industries is proposed to be held on January 1, 2022, for considering an issuance of senior unsecured US $ denominated fixed rate notes. Such issuance will be in compliance with Regulation S and Rule 144A under the US Securities Act of 1933, as amended (the 'US Securities Act') to overseas investors (the 'Notes'). The proceeds from the issuance of the Notes will be utilised primarily for refinancing of existing borrowings, in accordance with applicable law.
The above information is a part of company’s filings submitted to BSE.
