Key Quantitative Figures

  • Allotment of 12,00,000 Unsecured, Redeemable, Non-Convertible Debentures (NCDs) of the face value of ₹1,00,000 each.
  • Total allotment amount: ₹12,000 crore (Indian Rupees Twelve Thousand crore only).
  • Base issue size: ₹10,000 crore (Indian Rupees Ten Thousand Crore Only).
  • Greenshoe option: ₹2,500 crore (Indian Rupees Two Thousand Five Hundred Crore Only) was available but not fully utilized as the allotment was for ₹12,000 crore against a total possible issue of ₹12,500 crore.

Dates of Action

  • Date of Allotment: September 16, 2026 (at approximately 1:07 p.m. IST).
  • Date of Maturity/Redemption: September 16, 2031.
  • Coupon Payment Dates: September 16, 2027; September 18, 2028; September 17, 2029; September 16, 2030; September 16, 2031.

Parties Involved

  • Issuer: Reliance Industries Limited.
  • Credit Rating Agencies: CRISIL Ratings Limited and CARE Ratings Limited.
  • Proposed Stock Exchanges for Listing: BSE Limited and National Stock Exchange of India Limited.

Instrument Details

  • Type of Issue: Private Placement.
  • Tenor: 5 (five) years.
  • Coupon Rate: 7.47% per annum.
  • Per NCD Coupon Payment: ₹7,470 on each payment date.
  • Security: The NCDs are unsecured.
  • Credit Rating: 'CRISIL AAA/Stable' (CRISIL TRIPLE A rating with stable outlook) and 'CARE AAA/Stable' (CARE TRIPLE A rating with stable outlook).

Other Disclosures

  • There is no delay in payment of interest/principal amount for any period.
  • No special rights/interest/privileges are attached to the instrument.
  • The NCDs will be credited to the demat accounts of the debenture holders in due course.