Adani Ports raises Rs 252 cr via NCDs

PTI Updated - January 17, 2018 at 07:23 PM.

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.

Published on July 5, 2016 06:04