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Adani Transmission raises Rs 1,000 crore on private placement basis

01 Jul 2016 Evaluate

Adani Transmission has raised Rs 1,000 crore by allotment of 10,000 Rated, Listed, Taxable, Secured, Redeemable, Non-Convertible Debentures (NCDs) of the face value of Rs 10 lakh each issued under two separately transferable principal parts of NCDs 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.


Peers
Company Name CMP
NTPC 326.60
Tata Power 367.00
Adani Power 202.20
Power Grid Corpn. 267.50
Adani Energy Solut. 1356.90
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