Reliance Industries to raise Rs 25,000 cr via NCDs
- Country:
- India
Reliance Industries on Thursday said it will raise Rs 25,000 crore through non-convertible debentures to fund its operations
The company in a regulatory filing said the company board of directors approved "the proposal for raising of funds through the issuance of non-convertible debentures (NCDs) up to Rs 25,000 crore in tranches from time to time, on a private placement basis." The company did not give the purpose of the fundraising.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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