Adani Ports and Special Economic Zone has informed that ICRA Limited has assigned ‘[ICRA] AA+, Stable’ (pronounced as [ICRA] double A plus, Stable Outlook) rating for Non-Convertible Debentures (NCDs) worth Rs 6884 Crores to the Company. The rating limits have been enhanced by Rs 4500 Crores and ICRA has withdrawn rating limits worth Rs 1416 Crores (from the earlier rating limit of Rs 3800 Crores) on account of redemption of the amounts.
The above information is a part of company’s filings submitted to BSE.
