Manisha Shroff 
Dealstreet

Khaitan & Co advises Reliance Industries on ₹12,000 crore NCD issuance

The Debentures carry a coupon rate of 7.47% per annum and are listed on both BSE Limited and National Stock Exchange of India Limited.

Bar & Bench

Reliance Industries Limited has made an issuance of unsecured, non-convertible debentures aggregating to ₹12,000 crore, on a private placement basis.

Khaitan & Co advised Reliance Industries on this NCD issuance.

The transaction team consisted of Manisha Shroff (Partner), Gyana Pathak (Senior Associate), Akshansh Sharma (Senior Associate) and Nandini Arya (Associate).

The Debentures carry a coupon rate of 7.47% per annum and are listed on both BSE Limited and National Stock Exchange of India Limited. The Issue received the highest long-term credit rating of “AAA/Stable” from CRISIL Ratings Limited and CARE Ratings Limited. 

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