Adani Ports and Special Economic Zone Ltd.

BSE: 532921 | NSE: ADANIPORTS
Large Cap | Port
1408.55
-12.95 (-0.91%)
< Home < Back

India Ratings assigns provisional ‘AA+’ rating to Adani Ports’ NCDs

Date: 28-06-2016

Credit rating agency, India Ratings & Research has assigned provisional ‘AA+’ rating with stable outlook for proposed Non-Convertible Debentures (NCDs) of Rs 500 crore of 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.