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RIL board approves raising Rs 25,000 crore via NCDs

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Oil-to-telecom conglomerate Reliance Industries ( RIL) today approved a fund-raising plan of Rs 25,000 crore through the issuance of listed, secured/unsecured, redeemable non-convertible debentures (NCDs) in one or more tranches on a private placement basis.

The announcement came alongside RIL's Q4FY25 earnings. The company’s board also approved a dividend of Rs 5.50 per equity share for the financial year ended March 31, 2025.


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