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Adani Ports and Special Economic Zone raises Rs 500 crore through NCDs

12 Apr 2016 Evaluate

Adani Ports and Special Economic Zone (APSEZ) has raised Rs 500 crore on April 11, 2016 by allotment of 5,000 Rated, Listed, Secured, Taxable, Redeemable, Non-Convertible Debentures (NCDs) of the face value of Rs 10 lakh each on private placement basis.

APSEZ is part of Adani Group with businesses spanning coal trading, coal mining, oil & gas exploration, ports, multi-modal logistics, power generation & transmission and gas distribution. APSEZ represents a large network of ports with India’s largest Special Economic Zone (SEZ) at Mundra.

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