9.75 (0.72%) Reliance Industries’ board has approved the proposal for raising funds through issuance of Non-Convertible Debentures (NCDs) up to Rs 25,000 crore in tranches from time to time, on a private placement basis. The Board of Directors of company at its meeting held on April 2, 2020 has approved the same.
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.