Reliance says it has become a net debt-free firm ahead of schedule

Mukesh Ambani’s Reliance Industries Ltd (RIL) declared itself net debt-free after a fund-raising spree that saw it garner Rs. 1.75 trillion- most of it within a span of less than two months- fro marquee investors and a sale of shares to existing stockholders.
The company had a net debt of Rs.1.61 trillion as on 31 March.