STOCKWATCH
·
Trading - Minerals
Dividend24 Mar 2026, 12:28 pm

Adani Enterprises Ltd Approves Early Full Redemption of Non-Convertible Debentures Worth INR 1,950 Crores

AI Summary

Adani Enterprises Ltd announced the approval of early full redemption of unlisted, secured, unrated, redeemable, Non-Convertible Debentures (NCDs) worth INR 1,950 crores. The Management Committee of the Board of Directors made this decision during their meeting on Tuesday, March 24, 2026. The NCDs, with a face value of INR 1,00,000 each, were issued and allotted on a private placement basis. The redemption includes 1,25,000 NCDs worth INR 1250,00,00,000 issued on July 11, 2023, and 70,000 NCDs worth INR 700,00,00,000 issued on October 11, 2023. The company is awaiting necessary approvals for the redemption.

Key Highlights

  • Adani Enterprises Ltd approves early full redemption of Non-Convertible Debentures
  • Total worth of the redemption is INR 1,950 crores
  • Includes 1,25,000 NCDs worth INR 1250,00,00,000 issued on July 11, 2023
  • Also includes 70,000 NCDs worth INR 700,00,00,000 issued on October 11, 2023
  • Awaiting necessary approvals for the redemption
ADANIENT
Trading - Minerals
ADANI ENTERPRISES LTD.

Price Impact