-12.95 (-0.91%) Credit rating agency, India Ratings & Research has assigned Provisional ‘AA+’ rating with a stable outlook for proposed Non-Convertible Debentures (NCDs) of Rs 200 crore to Adani Ports and Special Economic Zone (APSEZ).
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.