Adani Ports and Special Economic Zone Ltd today said it has raised Rs 252 crore through issuance of non-convertible debentures on a private placement basis.

“The company raised Rs 252 crore on July 4, 2016 by allotment of 2,520 rated, listed, secured, taxable, redeemable, non-convertible debentures of the face value of Rs 10,00,000 each on private placement basis,” APSEZ said in a BSE filing.

“The said NCDs will be listed on the Wholesale Debt Market segment of BSE Limited.”

The stock was trading 0.61 per cent higher at Rs 214.50 on BSE.