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Record Investments Make RIL Net Debt-Free, 9 Months Ahead Of The Target

Jun 19, 2020 04:53 PM IST Business Business

Reliance Industries Limited (RIL) has become debt-free, nine months ahead of its March 2021 target. Some of the world’s top investors picked up equity in Jio Platforms. RIL raised more than Rs 168,818 crore in just 58 days. RIL raised Rs 115,693.95 crore from investors in Jio Platforms and another Rs 53,124.20 crore from a rights issue.