MoneyWorks4Me

APSEZ raises Rs 1,000 crore on private placement basis

09 Mar 2017 Evaluate

Adani Ports and Special Economic Zone (APSEZ) has raised Rs 1,000 crore by allotment of 10,000 rated, listed, secured, taxable, redeemable, non-convertible debentures (NCDs) of the face value of Rs 10,00,000 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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