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Indian-Commodity  :  Corporate  :  Reliance Capital raises funds through issue of NCDs

Reliance Capital raises funds through issue of NCDs (25-May-2018)

Reliance Capital has raised funds through issuance of Non-Convertible Debentures (NCDs). The company has issued NCDs worth Rs 3 crore with an option to retain oversubscription aggregating to Rs 2 crore. The date of allotment of the NCDs is May 24, 2018 and date of maturity is April 25, 2022. The tenure of the instrument is 1432 days from the date of allotment.

Reliance Capital, a part of the Reliance Group, is one of India's leading private sector financial services companies. It has interests in asset management and mutual funds; life, health and general insurance; commercial and home finance; stock broking; wealth management services; distribution of financial products; asset reconstruction; proprietary investments and other activities in financial services.


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