Reliance Industries : Allotment of Non-Convertible Debentures (PPD Series L)

April 28, 2020
BSE Limited	National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers,	Exchange Plaza, Plot No. C/1, G Block,
Dalal Street,	Bandra-Kurla Complex, Bandra (East),
Mumbai 400 001	Mumbai 400 051
Scrip Code: 500325	Trading Symbol: RELIANCE
Dear Sirs,

Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Allotment of Non-Convertible Debentures

We refer to our letter dated April 02, 2020 and inform that the Company has, on April 27, 2020, allotted 27,950 Unsecured Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs.10,00,000 each, aggregating Rs. 2,795 Crore (PPD Series L Debentures), issued on private placement basis.

The detailed information regarding the NCDs allotted is as below:

Sr.	Particulars	PPD Series L Debentures
No.
1.	Type of Issue		Private Placement
2.	Issue	size	30,000 NCDs of Rs. 10,00,000 each, aggregating Rs. 3,000
	(Tranche 2)		Crore, as follows:
			- 20,000 unsecured, redeemable, fixed coupon, non-
			convertible debentures of the face value of Rs. 10,00,000
			each, for cash, aggregating to Rs.2,000 Crore, with an
			option to retain oversubscription up to Rs. 1,000 Crore.
3.	Allotment Details	27,950 unsecured, redeemable, fixed coupon, non-convertible
			debentures of the face value of Rs. 10,00,000 each, aggregating
			Rs. 2,795 Crore ("PPD Series L Debentures").
4.	Proposed to	be	BSE Limited (BSE) and National Stock Exchange of India
	Listed on		Limited (NSE)
5.	Credit Rating		"CRISIL AAA/ Stable" ("CRISIL TRIPLE A rating with stable
			outlook") by CRISIL Limited and "CARE AAA/Stable" ("CARE
			TRIPLE A rating with stable outlook") by CARE Ratings Limited
6.	Date of Allotment	April 27, 2020
7.	Tenor		5 (Five) years from the Date of Allotment
8.	Date of Maturity/	April 25, 2025
	Redemption Date
9.	Redemption		Rs.10,00,000 (Rupees Ten Lakhs) per Debenture payable on
	Amount		the Redemption Date.
10.	Coupon Rate		7.40% (Seven point forty percent) per annum payable annually
			on outstanding Debentures at the end of every year from the
			Date of Allotment.

Regd. Office: 3rd Floor, Maker Chambers IV, 222, Nariman Point, Mumbai- 400 021, India

Phone #: [phone], Telefax: [phone]. E-mail:[e-mail], Website: www.ril.com

CIN- L17110MH1973PLC019786

Sr.	Particulars					PPD Series L Debentures
No.
11.	Details of coupon/	•	For coupon details, please refer information at Sr. No. 10
	interest	offered,	•	Schedule of payment of coupon/interest and principal amount
	Schedule		of			of PPD Series L Debentures:
	payment		of
				Cash Flows		Date
	coupon/interest
	and principal
				1st Coupon		April 27, 2021
						2nd Coupon		April 27, 2022
						3rd Coupon		April 27, 2023
						4th Coupon		April 29, 2024
						5th Coupon		April 25, 2025
						Redemption		April 25, 2025
12.	Charge/security, if		PPD Series L Debentures are unsecured.
	any, created over
	the assets
13.	Special	right	/		Nil
	interest/ privileges
	attached	to	the
	instrument, and
	changes thereof
14.	Default		in		In case of default in payment of interest and/or Redemption
	payment		of		Amount on due dates, additional interest @ 2% p.a. over the
	interest / principal		Coupon Rate will be payable by the Issuer for the period of
					default.

We request you to take the above information on record and disseminate the same on your website.

Thanking you,

Yours faithfully,

For Reliance Industries Limited

Savithri Parekh

Joint Company Secretary and

Compliance Officer

Copy to:
The Luxembourg Stock Exchange	Singapore Stock	Taipei Stock Exchange
Societe de la Bourse de	Exchange	15F, No.100, Sec. 2,
Luxembourg	2 Shenton Way,	Roosevolt Road,
35A boulevard Joseph II	#19- 00 SGX Centre 1,	Taipei, Taiwan, 10084
B P 165, L-2011 Luxembourg	Singapore 068804

Regd. Office: 3rd Floor, Maker Chambers IV, 222, Nariman Point, Mumbai- 400 021, India

Phone #: [phone], Telefax: [phone]. E-mail:[e-mail], Website: www.ril.com

CIN- L17110MH1973PLC019786