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Adani Ports gets nod to raise up to Rs 5,000 crore through NCDs

03 Jan 2024 Evaluate

Adani Ports and Special Economic Zone has received approval for raising of funds by way of public issuance of secured, rated, listed, redeemable, non-convertible debentures (NCDs) of face value of Rs 1,000 each amounting up to Rs 5,000 crore through one or more tranches in accordance with applicable laws (Issue). 

Further, for the purpose of the Issue, the board of directors of the Company has delegated the powers to Finance Committee to, among other things, approve, implement and carry out activities in connection with the Issue. The Board of Directors of the company in its meeting held on January 3, 2024, has approved the same.

Adani Ports and Special Economic Zone, a part of globally diversified Adani Group, is the largest integrated logistics player in India.

Adani Ports &Special Share Price

1575.60 2.50 (0.16%)
20-Apr-2026 15:22 View Price Chart
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