APSEZ raises Rs 1,000 crore via NCDs

Adani Ports and Special Economic Zone has raised Rs 1,000 crore through allotment of non-convertible debentures on private placement basis.
"The company has raised Rs 1,000 crore today 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," Adani Ports and Special Economic Zone said in a filing to BSE.
Adani Ports and Special Economic Zone (APSEZ) represents a large network of ports with India's largest Special Economic Zone (SEZ) at Mundra.
APSEZ Port business is integral to its logistics business done in the name of Adani Logistics Ltd and is India's largest private port operator with presence across 10 locations with state-of-the-art infrastructure.