Adani Tansmission buys back NCDs worth Rs 125 cr

Adani Transmission Ltd on Tuesday said it has bought back non-convertible debentures (NCDs) worth Rs 125 crore.

"The company has bought back 1,250 rated, listed, secured, redeemable, non-convertible debentures having face value of Rs 10 lakh each aggregating to Rs 125 crore on March 23, 2020," the company said in a filing to BSE.

Adani Transmission, an Adani group company, is the country's largest private transmission firm with a cumulative network of more than 14,800 circuit km.

Shares of the company were trading 3.93 per cent lower at Rs 178.45 on BSE.