New Delhi, March 31 (SocialNews.XYZ) Reliance Industries Limited (RIL) will hold a board meeting on April 2 in a fund raising exercise through issuance of non-convertible debentures (NCDs) on private placement basis.
RIL said in an intimation to stock exchange that a meeting of the board of directors is scheduled to be held on April 2 to consider raising of funds by way of issuance of listed, secured/unsecured, redeemable non-convertible debentures on private placement basis on one or more tranches/series.
The quantum of funds to be raised or the purpose of fund raising has not been disclosed in the intimation. RIL regularly raises funds through NCDs on a private placement basis to institutional investors.
Source: IANS
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz
This website uses cookies.
