This rights issue is a part of the company’s deleveraging plan and as a result, the company will be net debt free by March 31, 2021.

https://www.moneycontrol.com/news/business/markets/reliance-industries-rights-issue-to-open-on-may-20-9-key-things-to-know-5284131.html

Source : MoneyControl.com

Link : https://www.moneycontrol.com/news/business/markets/reliance-industries-rights-issue-to-open-on-may-20-9-key-things-to-know-5284131.html