RIL to raise Rs 200 billion via bonds

Reliance Industries Limited plans to raise up to Rs 200 billion in its largest ever domestic bond sale, marking the biggest such domestic issuance by a non-banking, financial services and insurance (BFSI) private entity in India.
The sale of non-convertible debentures (NCD) will take place through the electronic book mechanism on the BSE’s bond platform. The issue has a base size of Rs 100 billion and a green shoe option of Rs 100 billion.