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Universal Times Magazine > Blog > Other Business News > Adani Ports raised Rs 1,000 crore via Non-Convertible Debentures
Other Business News

Adani Ports raised Rs 1,000 crore via Non-Convertible Debentures

Gaurav Verma
Last updated: 2021/10/19 at 11:23 AM
Gaurav Verma
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Adani Ports and Special Economic Zone (APSEZ) on Monday said the company has raised Rs 1,000 crore by allotment of secured, redeemable, and non-convertible debentures (NCD) on the private placement basis. 

Company’s Statement

“With reference to above, we would like to inform that the company has raised Rs. 1,000 crores (Rupees One Thousand Crore only) today by allotment of 10,000 rated, listed, secured, redeemable, Non-Convertible Debentures (NCDs) of the face value of Rs. 10,00,000/- each on private placement basis.”

“The said NCDs will be listed on the Wholesale Debt Market segment of BSE Limited,” the company said in a filing on Monday.

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Gaurav Verma October 19, 2021 October 19, 2021
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