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Adani Ports SEZ raises Rs 100 cr through NCDs

The 1,000 non convertible debentures (NCDs) allotted were of the face value.

SNS | New Delhi |

In BSE filing on Monday said Adani raised Rs 100 crore through allotment of non convertible debentures (NCDs) on a private placement basis under Adani Ports and Special Economic Zone (APSEZ).

The 1,000 non convertible debentures (NCDs) allotted were of the face value of Rs 10 lakh each, it said in a BSE filing.

“The company has raised Rs 100 crore today by allotment of 1,000 Rated, Listed, Secured, Redeemable NCDs of the face value of Rs 10,00,000 each on private placement basis,” the company said.

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