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Adani Transmission planning to raise funds via bonds

06 Nov 2019 Evaluate

Adani Transmission is planning to raise funds by way of issuance of USD denominated Foreign Currency Bonds which may be issued in one or more tranches, in India or overseas, and that may be listed in any one or more stock exchanges in India or overseas, for refinancing of existing borrowing and other permissible end uses in accordance with the applicable laws.

The meeting of Board of Directors of the company is scheduled to be held on November 07, 2019, to consider the same.

Adani Transmission is a holding company. The company operates as a power transmission company. It is engaged in transmission of electric energy and trading of castor oil.

Peers
Company Name CMP
NTPC 326.05
Tata Power 364.35
Adani Power 199.20
Power Grid Corpn. 267.80
Adani Energy Solut. 1340.00
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