Reliance files for record ₹20,000 crore bond sale

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Key Points

Indian billionaire Mukesh Ambanis Reliance Industries Ltd. is seeking to raise as much as 200 billion rupees ($2.4 billion) via rupee-denominated bonds, according to filings seen by Bloomberg.o)..

The base size of the sale is 100 billion rupees with an option to retain subscriptions worth another 100 billion rupees..

Reliance Industries is Indias largest company by market value, and its business interests range from petrochemicals refining to wireless communication services and consumer goods..

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