-8.15 (-0.57%) Adani Ports and Special Economic Zone has received in-principle approval for issuance of Non-Convertible Debentures (NCDs) for capex/refinancing of existing debt and general corporate purpose for an aggregate amount not exceeding Rs 6,000 crore in one or more tranches on a private placement basis.
The Board of Directors of the company at its meeting held on May 22, 2025, has approved the same.
Adani Ports and Special Economic Zone (APSEZ) is the largest commercial ports operator in India accounting for nearly one-fourth of the cargo movement in the country.