Reliance Industries Ltd.

Reliance Industries has raised funds by allotting various series of debentures on private placement basis. The company has allotted 25,000 Partly-paid Unsecured Redeemable Non-Convertible Debentures (NCDs) of face value of Rs 10 lakh each aggregating to Rs 2,500 crore (PPD Series IA Debentures) and 30,000 Unsecured Redeemable NCDs of face value of Rs 10 lakh each aggregating to Rs 3,000 crore (PPD Series IB Debentures).

Reliance Industries 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.