APSEZ buys back NCDs worth Rs 670 cr

APSEZ buys back NCDs worth Rs 670 cr

28/02/2017 12:35

Adani Ports and Special Economic Zone (APSEZ) has bought back non-convertible debentures (NCDs) aggregating to Rs 670 crore.

“The company has today bought back 3,483 non-convertible debentures,” APSEZ said in a filing to the Bombay Stock Exchange.

The company said it bought back 2,889 NCDs aggregating to Rs 500 crore due to mature on April 28. It also bought back 594 NCDs aggregating to Rs 170 crore due to mature on September 15.

Meanwhile, shares of the company were trading at Rs 298.80 apiece, up 0.69 per cent from the previous close at 12:41 hours on BSE.

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