The Mukesh Ambani-led firm sought shareholders' nod to issue redeemable non-convertible debentures (NCDs) on private placement.

In a stock exchange notice, RIL said the company's annual general meeting will be held on July 21 to consider the fund raising.

A shareholder resolution sought nod "to offer or invite subscriptions for secured / unsecured redeemable non- convertible debentures, in one or more series / tranches, of an aggregate nominal value up to Rs 25,000 crore on private placement."

It sought to authorise the Board of Directors to "determine and consider proper and most beneficial to the company including, without limitation, as to when the said debentures are to be issued, the face value of debentures to be issued, the consideration for the issue, mode of payment, coupon rate, redemption period, utilisation of the issue proceeds and all matters connected."

The company had raised Rs 30,000 crore in 2015-16 through a rights issue in two parts and in January this year aid it would raise another Rs 30,000 crore through a rights issue of optionally convertible preference shares to invest in Reliance Jio Infocomm, the telecom unit.

RIL, which operates the world's biggest oil refinery complex in Jamnagar with a capacity of 1.24 million barrels per day, has already invested $25 billion in setting up a nationwide, fourth generation mobile network.