Reliance Industries and its partner BP Exploration (Alpha) Ltd (BPEAL) are set to conduct an e-auction on April 3.
Group is using its financial resources to pay off its debt obligations, in order to restore confidence.
Bonds will be issued through private placement.
Credit rating outlook downgraded from stable to negative.
These loans had shares of group companies as collateral.
Road shows will be done to gain investor confidence for fixed income securities of the company.
Vishal Sharma comes to Godrej from Ecolab Inc., where he was Senior Vice President of the India, Middle East, and Africa (IMEA) region.
Ketsk CNC has been hired by the group for PR, in the face of the Hindenburg crisis.
Revenue from the integrated resource management business increased 38% year on year to Rs17,595 crore.
Prepayment of loan reverses the declining trend.
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