For Quick Alerts
For Daily Alerts

Reliance Industries To Raise Upto Rs 25,000 Crores Through NCDs


Reliance Industries will raise a sum of up to Rs 25,000 crores through issue of Non Convertible Debentures. The amount will be raised through a private placement and not through an issue to the public.

The amount is unlikely to be raised in tranches from time to time. Reliance Industries has seen its share price dip, in line with the markets. The shares have lost nearly 30 per cent from peak levels, thanks to a sharp fall of 33 per cent in the indices. The promoters have been hiking their stake in the company and have been buying shares and the market capitalization of the company has once again crossed that of TCS.

Reliance Industries To Raise Upto Rs 25,000 Crores Through NCDs
Read more about: reliance
Story first published: Friday, April 3, 2020, 6:32 [IST]
Company Search
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more