Reliance Industries has raised Rs 8,500 crore (PPD Series K Debentures and allotted 85,000 Unsecured Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs 10,00,000 each, on private placement basis. The maturity date of NCDs is April 17, 2023.
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.