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Adani Enterprises to raise Rs 1,000 crore through NCDs

07 May 2020 Evaluate
Adani Enterprises’ board has given in principle approval to raise Rs 1,000 crore through Non-Convertible Debentures (NCDs) on private placement basis. The company will also seek shareholders' nod for raising up to Rs 2,500 crore through QIP.

Adani Enterprises is an infrastructure company. The company is engaged in coal trading, coal mining, oil and gas exploration, ports, multimodal logistics, power generation and transmission, and gas distribution.
Peers
Company Name CMP
Redington 356.35
Adani Enterprises 2731.05
Amrapali Industries 34.31
Maxgrow India 175.85
Rashi Peripheral 864.95
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