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Reliance Industries allotted Rs 12,000 crore in NCDs with a green shoe option of Rs 2,500 crore
16-Sep-2026, 04:35
Reliance Industries Limited has allotted 12,00,000 unsecured, redeemable, non-convertible debentures (“NCDs”) with a face value of Rs 1,00,000 each on a private placement basis, aggregating Rs 12,000 crore, according to a regulatory filing on September 16, 2026. The company has a green shoe option to retain over-subscription up to Rs 2,500 crore, and the NCDs, designated “PPD Series Q,” will mature on September 16, 2031, with a coupon rate of 7.47% per annum and are rated “CRISIL AAA/ Stable” by CRISIL Ratings Limited and “CARE AAA/Stable” by CARE Ratings Limited.