Adani Ports and Special Economic Zone (APSEZ) has received an approval for issuance of Non-Convertible Debentures (NCDs) for capex / refinancing of existing debt and general corporate purpose for an amount not exceeding Rs 1,000 crore in one or more tranches on private placement basis. The Board of Directors of the company at its meeting held on September 18, 2021, has given their in-principle approval for the same.
Adani Ports and Special Economic Zone (APSEZ), a part of globally diversified Adani Group, is the largest integrated logistics player in India.