Reliance Industries Ltd.

Reliance Industries (RIL) has issued and allotted on private placement basis the second tranche of unsecured non-convertible redeemable debentures (PPD - Series B) aggregating to Rs 2,500 crore. The said debentures will be listed on BSE and National Stock Exchange of India (NSE). The PPD - Series B shall be redeemed at par at the end of 3 years and 15 days from the date of allotment i.e. September 16, 2020.

The bonds are rated ‘AAA/Stable’ by CRISIL, ‘AAA/Stable’ by ICRA and ‘AAA/Stable’ by CARE Ratings. This indicates highest degree of safety with respect to timely payment of interest and principal on the Debentures.

Reliance Industries (RIL) is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.