Adani Transmission has raised Rs 330 crore through issuance of bonds on private placement basis. The company has allotted 3,300 Rated, Listed, Taxable, Secured, Redeemable, Non-Convertible Debentures (NCDs) of the face value of Rs 10,00,000 each in 2 Tranches on May 12, 2016, on private placement basis. The said NCDs will be listed on the Wholesale Debt Market segment of Bombay Stock Exchange (BSE).
Adani Transmission is engaged in providing establishing, commissioning, operating and maintaining electric power transmission systems in India. It offers operation and maintenance (O&M) support services. Adani Transmission operates as a subsidiary of Adani Enterprises.
