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Adani Transmission raises Rs 500 crore through NCDs

17 Feb 2016 Evaluate

Adani Transmission has raised Rs 500 crore on February 16, 2016 by allotment of 5,000 Rated, Listed, Taxable, Secured, Redeemable, Non-Convertible Debentures (NCDs) of the face value of Rs 10,00,000 each in 3 Series on private placement basis. The said NCDs will be listed on the Wholesale Debt Market segment of BSE.

Adani Transmission is the transmission business arm of the Indian business conglomerate - Adani Group. Be it Engineering, Construction management or Operation & Maintenance, Adani Transmission has significant presence in the Indian Transmission Sector.


Peers
Company Name CMP
NTPC 314.10
Tata Power 349.30
Adani Power 196.30
Power Grid Corpn. 250.00
Adani Energy Solut. 1352.70
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