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RIL aims to raise Rs 25,000 cr through NCDs for fund expansion plans

Reliance Industries Ltd aims to raise Rs 25,000 crore through privately placed debentures.

The company sought shareholders’ approval to issue redeemable non-convertible debentures (NCDs) on private placement.

RIL said that the company’s annual general meeting is going to be held on July 21 to consider the fund raising.

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