Reliance Industries raises ₹12,000 crore through NCD issuance
pre-market1 source ↓written by the desknot a recommendation
- totaling
- ₹12,000 crores
Khaitan & Co advised Reliance Industries Limited on the issuance of unsecured, non-convertible debentures totaling ₹12,000 crores. The debentures, with a coupon rate of 7.47%, are listed on BSE and NSE, receiving a top credit rating of AAA/Stable from CRISIL and CARE Ratings.
This issuance strengthens Reliance's capital structure and may enhance liquidity in the market, potentially influencing investor sentiment.
Not investment advice. For informational purposes only.