Adani Ports and Special Economic Zone raises Rs 1000 cr via NCDs

Adani Ports and Special Economic Zone raises Rs 1000 cr via NCDs

18/07/2016 17:19

Adani Ports and Special Economic Zone Ltd said that it has raised Rs 1000 crore by issuing Non-Convertible Debentures (NCDs) each on private placement basis.

“The Company has raised Rs. 1,000 crores on July 18, 2016 by allotment of 10,000 Rated, Listed, Secured, Taxable, Redeemable, Non-Convertible Debentures (NCDs) of the face value of Rs. 10,00,000/- each on private placement basis,” it said in a filing to the Bombay Stock Exchange.

The said NCDs will be listed on the Wholesale Debt Market segment of BSE Limited, the filing added.

Meanwhile, shares of the company closed trading at Rs 218 apiece, down 0.82 per cent from the previous close on BSE.

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