Business

Reliance Industries announces fundraising, to raise Rs 15,000 crore through NCDs

Source: ET Markets ·

Reliance Industries announces fundraising, to raise Rs 15,000 crore through NCDs

Reliance Industries has approved plans to raise up to Rs 15,000 crore through non-convertible debentures via private placement. The fundraising announcement came with the company's Q2 earnings where it reported a 41% year-on-year rise in net profit to Rs 25,548 crore.

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