Adani Ports and Special Economic Zone has received in-principle approval for issuance of Non-Convertible Debentures (NCDs) for capex/refinancing of existing debt and general corporate purpose for an aggregate amount not exceeding Rs 5,000 crore in one or more tranches on private placement basis.
The company has also received approval for issuance of Non-cumulative redeemable preference shares on private placement basis for an aggregate amount not exceeding Rs 250.19 crore in one or more tranches on private placement basis. The Board of Directors of the Company at its meeting held on December 12, 2023 has approved the same.
Adani Ports and Special Economic Zone, a part of globally diversified Adani Group, is the largest integrated logistics player in India.
Company Name | CMP |
---|---|
Adani Ports &Special | 1275.95 |
JSW Infrastructure | 242.15 |
Gujarat Pipavav Port | 198.65 |
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