Adani Ports Raises Rs. 1,000 Crore via Private Placement of NCDs

Adani Ports and Special Economic Zone Ltd. has successfully raised Rs. 1,000 crore by allotting 1,00,000 Rated, Listed, Secured, Redeemable, Non-Convertible Debentures (NCDs) of the face value of Rs. 1,00,000/- each on a private placement basis. The tenure of these NCDs is 5 years and they will be listed on the Wholesale Debt Market segment of BSE Limited. The Finance Committee meeting for this purpose was held from 11:30 a.m. to 12:00 noon. The information has also been uploaded on the company's website.