Adani Ports and Special Economic Zone Ltd board approves issue of NCDs to raise Rs. 1000 crore

The Board of Directors of Adani Ports and Special Economic Zone Limited (the "Company") at its meeting held on September 18, 2021, has given their in-principle approval for issuance of Non-Convertible Debentures for capex / refinancing of existing debt and general corporate purpose for an amount not exceeding Rs. 1,000 crore in one or more tranches on private placement basis.

Shares of Adani Ports and Special Economic Zone Ltd was last trading in BSE at Rs. 766.9 as compared to the previous close of Rs. 769.45. The total number of shares traded during the day was 336778 in over 7230 trades.

The stock hit an intraday high of Rs. 786 and intraday low of 760. The net turnover during the day was Rs. 260604278.

Source : Equity Bulls

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