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Adani Ports & Special Economic Zone allots NCDs aggregating Rs 1300 crore

Capital Market 

On private placement basis

Adani Ports & Special Economic Zone announced that the Company has raised Rs. 1300 crore (Rupees One Thousand and Three Hundred Crores only) on 29 November 2016 by allotment of 13,000 Rated, Listed, Secured, Taxable, Redeemable, Non-Convertible Debentures (NCDs) of the face value of Rs. 10,00,000/- each on private placement basis.

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

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, November 29 2016. 14:00 IST