Mukesh Ambani's RIL becomes net debt-free company in lockdown
ABP News Bureau
Updated at:
01 Jan 1970 05:30 AM (IST)
Download ABP Live App and Watch All Latest Videos
View In App
Investments by global tech investors and a 'Rights Issue' has made Reliance Industry a net debt-free company. In a statement, RIL Chairman Mukesh Ambani said, "I have fulfilled my promise to the shareholders by making Reliance net debt-free much before our original schedule of 31st March 2021." Accordingly, RIL has raised over Rs 1,68,818 crore in just 58 days.