Reliance Industries Limited plans to consider fundraising through non-convertible debentures at its next board meeting, which will take place on April 25 and also approve its latest audited financial results.
“A meeting of the board of directors of the company is scheduled to be held on Friday, April 25, 2025, inter alia, to consider and approve: a, the standalone and consolidated audited financial results of the company for the quarter and year ended March 31, 2025, b, raising of funds by way of issuance of listed, secured/ unsecured, redeemable non-convertible debentures on private placement basis, in one or more tranches, ii, recommend dividend on equity shares of the company for the financial year ended March 31, 2025,” announced the business in an exchange filing, ET Retail reported.
Reliance Industries Limited has not listed a total to be raised as part of its filing. Following the board meeting, the business plans to share its financial results from the fourth quarter of the 2025 financial year, ET Bureau reported.
During the third quarter of the 2025 financial year, Reliance Industries Limited reported a consolidated net profit of Rs 18,540 crore which represented a 7% year on year increase. The business’ consolidated revenue rose by 6.7% to Rs 2.4 lakh crore during the quarter, Mint reported.
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