Adani Ports raises Rs 1300 crore on private placement basis

29 Nov 2016

Adani Ports and Special Economic Zone (APSEZ) has raised Rs 1300 crore by allotment of 13,000 rated, listed, Secured, Taxable, Redeemable, Non-Convertible Debentures (NCDs) of the face value of Rs 10 lakh each on private placement basis. The said NCDs will be listed on the Wholesale Debt Market segment of BSE.

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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