Adani Ports and Special Economic Zone (APSEZ) is planning to raise funds by issue of Equity Shares / convertible Bonds through Qualified Institutional Placement (QIP) / GDR / ADR / FCCBs / FCEBs / Convertible Securities.
The meeting of the board of directors of the company will be held on May 03, 2018, to consider the same. The board will also consider the issue of Secured / Unsecured Redeemable Non-Convertible Debentures 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.