RIL successfully raises Rs.3500 cr on BSE BOND platform

Reliance Industries Limited successfully raised Rs. 3500 crores by issuing bonds on private placement basis using BSE BOND platform. Speaking on this occasion Soumyo Dutta, Group Treasurer - Reliance Industries Limited said “At Rs. 3500 crore, this is the largest ever 10 year bond issuance on the EBP platform of BSE. The new age digital platform has now made fund raising from the domestic capital market, much more efficient. There was a robust demand for our paper with interest coming in from all segments of the market - bank treasuries, mutual funds and long term investors like EPFO and pension funds.”