Adani Ports and Special Economic Zone Ltd.

Adani Ports and Special Economic Zone’s (APSEZ) board has given its in-principle approval for issuance of Non-Convertible Debentures (NCDs) for an aggregate amount not exceeding Rs 3,000 crore in one or more tranches on private placement basis. The debentures to be issued will be listed on BSE and/ or National Stock Exchange of India. The company’s board has also given its consent for exploring and evaluating the proposal to create a platform, which will hold rail infra assets and investments in rail entities. The Board of Directors of the company at its meeting held on August 11, 2020, has approved the same.

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