RELIANCE INDUSTRIES LTD May 13, 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, today, allotted 1,00,600 Unsecured Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs.10,00,000 each, aggregating Rs. 10,060 Crore (PPD Series M Debentures), issued on private placement basis.
The detailed information regarding the NCDs allotted is as below:
Sr. | Particulars | PPD Series M Debentures | ||
No. | ||||
1. | Type of Issue | Private Placement | ||
2. | Issue | size | 1,05,000 NCDs of Rs. 10,00,000 each, aggregating Rs. 10,500 | |
(Tranche 3) | Crore, as follows: | |||
(i) | 35,000 unsecured, redeemable, fixed coupon, non-convertible | |||
debentures of the face value of Rs. 10,00,000 each, for cash, | ||||
aggregating Rs. 3,500 crore with an option to retain | ||||
oversubscription up to 10,000 unsecured, redeemable, fixed | ||||
coupon, non-convertible debentures of the face value of | ||||
Rs. 10,00,000 each, for cash, aggregating Rs. 1,000 crore | ||||
("PPD Series M1 Debentures"); | ||||
(ii) | 5,000 unsecured, redeemable, fixed coupon, non-convertible | |||
debentures of the face value of Rs. 10,00,000 each, for cash, | ||||
aggregating Rs. 500 crore with an option to retain | ||||
oversubscription up to 5,000 unsecured, redeemable, fixed | ||||
coupon, non-convertible debentures of the face value of | ||||
Rs. 10,00,000 each, for cash, aggregating Rs. 500 crore | ||||
("PPD Series M2 Debentures"); and | ||||
(iii) | 40,000 unsecured, redeemable, fixed coupon, non-convertible | |||
debentures of the face value of Rs. 10,00,000 each, for cash, | ||||
aggregating Rs. 4,000 crore with an option to retain | ||||
oversubscription up to 10,000 unsecured, redeemable, fixed | ||||
coupon, non-convertible debentures of the face value of | ||||
Rs. 10,00,000 each, for cash, aggregating Rs. 1,000 crore | ||||
("PPD Series M3 Debentures"); | ||||
3. | Allotment Details | 1,00,600 NCDs of Rs. 10,00,000 each, aggregating Rs. 10,060 | ||
Crore, as follows: | ||||
Regd. Office: 3rd Floor, Maker Chambers IV, 222, Nariman Point, Mumbai- 400 021, India
Phone #: +91-22-3555 5000, Telefax: +91-22-2204 2268. E-mail: investor.relations@ril.com, Website: www.ril.com
CIN- L17110MH1973PLC019786
Sr. | Particulars | PPD Series M Debentures |
No. | ||
(i) 42,350 unsecured, redeemable, fixed coupon, non-convertible | ||
debentures of the face value of Rs. 10,00,000 each, aggregating | ||
Rs. 4,235 Crore ("PPD Series M1 Debentures"); | ||
(ii) 8,250 unsecured, redeemable, fixed coupon, non-convertible | ||
debentures of the face value of Rs. 10,00,000 each, aggregating | ||
Rs. 825 Crore ("PPD Series M2 Debentures"); and | ||
(iii)50,000 unsecured, redeemable, fixed coupon, non-convertible | ||
debentures of the face value of Rs. 10,00,000 each, aggregating | ||
Rs. 5,000 Crore ("PPD Series M3 Debentures"); |
4. Proposed to be BSE Limited (BSE) and National Stock Exchange of India Limited
Listed on | (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 | May 13, 2020 |
7. | Tenor | PPD Series M1 Debentures: |
3 Years 4 Months (three years four months) from the Date of | ||
Allotment |
PPD Series M2 Debentures:
3 (three) years from the Date of Allotment
PPD Series M3 Debentures:
2 Years 10 Months 2 Days (two years ten months and two days) from the Date of Allotment
8. Date of Maturity/ PPD Series M1 Debentures - September 13, 2023
Redemption Date
PPD Series M2 Debentures - May 12, 2023
PPD Series M3 Debentures - March 15, 2023 | |
9. Redemption | Rs.10,00,000 (Rupees Ten Lakhs) per Debenture payable on the |
Amount | Redemption Date. |
10. Coupon Rate PPD Series M1 Debentures: 7.05% (seven point zero five percent) per annum, payable on Coupon Payment Date(s).
PPD Series M2 Debentures: 6.95% (six point ninety five percent) per annum payable annually on outstanding Debentures at the end of every year from the Date of Allotment.
PPD Series M3 Debentures: 6.95% (six point ninety five percent) per annum, payable on Coupon Payment Date(s).
Regd. Office: 3rd Floor, Maker Chambers IV, 222, Nariman Point, Mumbai- 400 021, India
Phone #: +91-22-3555 5000, Telefax: +91-22-2204 2268. E-mail: investor.relations@ril.com, Website: www.ril.com
CIN- L17110MH1973PLC019786
Sr. Particulars No.
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: | ||
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Regd. Office: 3rd Floor, Maker Chambers IV, 222, Nariman Point, Mumbai- 400 021, India
Phone #: +91-22-3555 5000, Telefax: +91-22-2204 2268. E-mail: investor.relations@ril.com, Website: www.ril.com
CIN- L17110MH1973PLC019786
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Reliance Industries Ltd. published this content on 13 May 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 May 2020 09:25:06 UTC
