Adani Ports and Special Economic Zone Ltd.

Adani Ports and Special Economic Zone (APSEZ) has received in-principle approval for issuance of Non-Convertible Debentures (NCDs) for refinancing of existing borrowing and general corporate purpose for an amount not exceeding Rs 1,500 crore in one or more tranches on private placement basis. The Board of Directors of the Company at its meeting held on May 27, 2019 has approved the same.

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.